GeoSentric Oyj - Changes board/management/auditors

GEOSENTRIC ESTABLISHES BOARD COMMITTEES AND INFORMS CHANGES IN THE BOARD

GEOSENTRIC OYJ      STOCK EXCHANGE RELEASE March 16, 2009 at 12.40              


GEOSENTRIC ESTABLISHES BOARD COMMITTEES AND INFORMS CHANGES IN THE BOARD        


GeoSentric Oyj's Board of Directors has decided to establish committees to      
enhance the preparation of matters falling within the competence of the Board.  
The Committees and their members are as follows:                                

1) Audit and Finance Committee: Hans van der Velde (chairman), Gary Bellot and  
Michael Vucekovich;                                                             

2) Corporate Governance and Nominations Committee: Gary Bellot (chairman), Hans 
van der Velde and Winston Guillory;                                             

3) Compensation Committee: Mike Vucekovich (chairman), Winston Guillory and Andy
van Dam; and                                                                    

4) Strategic Options: Winston Guillory (chairman), Andy van Dam and Mike        
Vucekovich.                                                                     

The charters of the committees shall be available on the Company's website      
www.geosentric.com.                                                             

The Company announced earlier on November 21, 2008 that the Board member David  
Francis will leave the Board due to personal reasons not attributable to the    
company. Mr. Francis has now resigned from the Board effective as of March 13,  
2009.                                                                           


GeoSentric Oyj                                                                  


For more information, please contact: communications@gypsii.com (Americas) or   
geosentric@companycare.com (EMEA)                                               

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NASDAQ OMX Helsinki                                                             
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