2009-06-15 08:15:00 CEST

2009-06-15 08:16:07 CEST


REGULATED INFORMATION

English
Aspocomp Group - Changes board/management/auditors

SAMI HOLOPAINEN CEO OF ASPOCOMP GROUP PLC AS OF JUNE 22, 2009



Aspocomp Group Oyj   Changes management  June 5, 2009 at 09:15 am

SAMI HOLOPAINEN CEO OF ASPOCOMP GROUP PLC AS OF JUNE 22, 2009

Sami Holopainen (37), Lic.Sc. (Tech.), has been appointed Chief
Executive Officer of Aspocomp Group Oyj as of June 22, 2009. Sami
Holopainen has worked at Aspocomp since 2000 as Vice President of
Corporate Development, CFO and General Manager of Aspocomp (Thailand)
Co., Ltd. and as of May 1, 2009 CFO of the Group. Current CEO Isto
Hantila continues to serve the Group until the end of August to
support his successor."Aspocomp is now in stable condition and for my part the
reorganization project is over with my resignation as the last step.
Under Sami's leadership the company can be further developed to meet
the challenges ahead." CEO Isto Hantila states."Isto's experience has helped Aspocomp through difficult times.
Immediate crisis has been solved and the group organization is
trimmed to fit the size of the operations. Aspocomp's Oulu plant is
very competitive, but difficult market situation and the indebtedness
of the parent company will continue to be challenging." Sami
Holopainen says."I want to thank Isto for guiding Aspocomp through a difficult time
period. Sami's challenge is either to continue to develop the company
or, alternatively carry out restructurings that are in the interest
of our shareholders." states Chairman Tuomo Lähdesmäki.


For further information, please contact:

Isto Hantila, CEO, tel. +358 50 406 0656
Sami Holopainen, CFO, tel. +358 400 487 180
Tuomo Lähdesmäki, Chairman, tel. +358 50 587 9648

ASPOCOMP GROUP OYJ



Isto Hantila
President and CEO

Aspocomp: Innovative interconnection solutions for the electronics
industry

The Aspocomp Group offers and develops innovative interconnection
solutions for the electronics industry in close cooperation with its
customers. We are strongly positioned as a supplier of data
communications equipments and industry. We offer our global customers
a fast road to mass production through flexible and cost-effective
adaptation of new technologies.

The Aspocomp Group's production facility is located in Oulu, Finland.
In 2008, the Group's net sales stood at about EUR 21 million and it
had about 113 employees at the end of March, 2009.


Distribution:
NASDAQ OMX Helsinki
Major media
www.aspocomp.com