Elektrobit Oyj - Changes board/management/auditors

HANNU HUTTUNEN APPOINTED PRESIDENT, WIRELESS BUSINESS SEGMENT OF EB, ELEKTROBIT CORPORATION

STOCK EXCHANGE RELEASE

Free for publication on October 18, 2010 at 10:00 (CEST +1)
HANNU HUTTUNEN APPOINTED PRESIDENT, WIRELESS BUSINESS SEGMENT OF EB, ELEKTROBIT
CORPORATION

Hannu Huttunen (M. Econ.), 44, has been appointed President of the Wireless
Business Segment and Managing Director of Elektrobit Technologies Ltd.,
effective November 2010. The position is new. EB's Wireless Business Segment
includes the Wireless Solutions and Wireless Communications Tools businesses.

Hannu Huttunen will transfer to EB from EXFO Inc where he worked as Vice
President, Wireless Business. Earlier this year EXFO acquired Nethawk Oyj where
Huttunen was the CEO from 2003 to 2010 and Executive Vice President from 2002 to
2003. Between 1995 and 2002 Huttunen held several management positions at Nokia
Mobile Phones and its Nokia Special Products unit.

Huttunen will report to the Board of Directors of Elektrobit Technologies Ltd.
The board is chaired by Jukka Harju, CEO of EB.

- Hannu has strong expertise and long management experience in wireless
technologies, terminals and test products. He complements the Wireless Business
Segment's management in executing our strategy and developing the operations
further, says Jukka Harju, CEO.

Jarkko Sairanen will continue as President of the Automotive Business Segment
and Managing Director of Elektrobit Automotive GmbH.


Further information:
Jukka Harju
CEO
Tel. +358 40 344 5466

Distribution:
NASDAQ OMX Helsinki Oy
Principal media


EB, Elektrobit Corporation
EB  develops  advanced  technology  and  transforms  it  into enriching end user
experiences.   EB  specializes  in  demanding  embedded  software  and  hardware
solutions  for the automotive industry  and wireless technologies. The company's
net sales for the year 2009 totaled EUR 153.8 million. Elektrobit Corporation is
listed on the NASDAQ OMX Helsinki.www.elektrobit.com


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