Incap - Company Announcement

Incap signs agreement on the manufacture of street and area lighting powered by solar energy

Incap Corporation        Stock Exchange Release
7 February 2012, at 10 a.m.


INCAP SIGNS AGREEMENT ON THE MANUFACTURE OF STREET AND AREA LIGHTING POWERED BY
SOLAR ENERGY

Incap Corporation has signed a cooperation agreement on the manufacture of solar
street and area lights for Naps Systems, a leading solar electricity system and
product developer and supplier. Incap will manufacture the complete end products
at its Kurressaari facility, where they will also be equipped with solar panels
manufactured at the Estonian production unit of Naps Systems.

The first volume deliveries from Incap will take place in March 2012. The
product is a completely new one, utilising the latest technology. Naps Systems
is marketing the product globally through its own sales network.

Solar street and area lighting is becoming increasingly popular since the cost
of solar electricity is coming down and LED technology is improving. These
technologies are often used in areas with no power grid, but they may also be a
financially viable solution in areas where an operational power grid exists. The
total cost of the lighting system is often lower than the cost of just extending
a power line to the light pole.

Chief Technical Officer Mikko Juntunen from Naps Systems: "The sales of our new
lighting product have started nicely, and we believe that demand will rise
steeply. Convincing references, flexible operations and confidence in faultless
assembly of the complete product delivery were the primary criteria when
selecting an assembly partner."

Director Jari Koppelo from Incap: "I am very happy that Naps, the distinguished
pioneer of solar devices, has chosen us as their manufacturing partner.
Production of the lighting systems suits our strategy excellently as we aim to
deliver large product entities and complete products for our customers. We are
looking for new customers among the manufacturers of devices that utilise
renewable energy, among others, and solar energy can certainly be considered as
an application area with great growth potential."

INCAP CORPORATION

Incap contact information:
Sami Mykkänen, President and CEO, tel. +358 40 559 9047
Jari Koppelo, Director, Business unit Energy efficiency, tel. +358 40 347 2092
Hannele Pöllä, Director, Communications and Investor Relations, tel.
+258 40 504 8296

Naps Systems contact information:
Mikko Vehkavaara, Vice President, Marketing and Sales, tel. +358 40 860 9662
Mikko Juntunen, Chief Technical Officer, tel. +358 40 860 9663
www.napssystems.com.

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.incap.fi

INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose
comprehensive services cover the entire life-cycle of electromechanical products
from design and manufacture to maintenance services. Incap's customers include
leading equipment suppliers in energy efficiency and well-being technologies,
for which the company produces competitiveness as a strategic partner. Incap has
operations in Finland, Estonia, India and China. The Group's revenue in 2010
amounted to EUR 59.2 million, and the company currently employs approximately
730 people. Incap's share is listed on the NASDAQ OMX Helsinki. Additional
information: www.incap.fi.



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