Outotec Oyj - Company Announcement

Outotec and Outokumpu settled their patent dispute regarding ferroalloys technology inventions

OUTOTEC OYJ  STOCK EXCHANGE RELEASE  JANUARY 9, 2017 AT 3:00 PM

Outotec and Outokumpu settled their patent dispute regarding ferroalloys
technology inventions

Outotec and Outokumpu have settled their patent dispute, commenced in 2013,
concerning the rights to inventions relating to ferroalloys technology.

The  settlement relates to the  award issued by the  Arbitral Tribunal on August
28, 2015 confirming  that the rights of ownership and use ferroalloys technology
inventions  belong to both  Outotec and Outokumpu  jointly. With the settlement,
the  parties withdraw all their  claims against each other  and Outotec gets the
exclusive  right to sell and license  the said ferroalloys technology inventions
against a license fee mutually agreed by the companies.

"As a result of the settlement of this patent dispute, Outotec will be able to
commercialize new ferrochrome-nickel technology, which opens up new business
opportunities particularly in the stainless steel industry", says Outotec's CTO
Kari Knuutila.

The settlement will not impact Outotec's financial guidance for 2016.


For further information, please contact:

OUTOTEC

Nina Kiviranta, General Counsel
Tel. +358 50 598 8805

Kari Knuutila, Chief Technology Officer
Tel. +358 40 779 9566

Eila Paatela, Vice President - Corporate Communications
Tel. +358 20 529 2004, mobile +358 400 817198

Emails: firstname.lastname@outotec.com

DISTRIBUTION:
NASDAQ Helsinki
Main media
www.outotec.com

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