Ixonos - Company Announcement

IXONOS AND STAFF COMMENCE CO-OPERATION NEGOTIATIONS

Ixonos	Stock Exchange Release	12 February 2009                                  

IXONOS AND STAFF COMMENCE CO-OPERATION NEGOTIATIONS                             

Because of the global financial crisis, the information and communication       
technology market situation is unstable. Ixonos does not expect the market to   
grow during the current year. The software and information system investments of
corporate customers seem to decline, at least temporarily. Services also appear 
to be affected by price pressure.                                               

In order to make the company's operations more efficient and to increase the    
Group's profitability, Ixonos commences co-operation negotiations with the      
staff. The negotiations aim at rationalizing the Group's administration and     
support functions, boosting the proportion of chargeable work performed by the  
company's specialist staff, and increasing the contribution of international    
offices in proportion to the service production of the entire Group.            
The co-operation negotiations apply to the Group's administration and support   
functions, as well as to all offices in Finland.                                

Possible terminations, lay-offs and task rearrangements that may be decided on  
as a result of the negotiations will affect approximately 80-120 persons.       
Potential measures are anticipated to be mostly temporary lay-offs.             

The program seeks to achieve some EUR 3 million in yearly savings as from the   
second quarter of the current financial period.                                 

Any action regarding personnel will not affect the production of services for   
Ixonos' customers.                                                              

IXONOS PLC                                                                      
BOARD OF DIRECTORS                                                              

FOR MORE INFORMATION, PLEASE CONTACT                                            
Ixonos Plc, President and CEO Kari Happonen, tel. +358 424 2231,                
GSM +358 400 700 761, kari.happonen@ixonos.com 

DISTRIBUTION                                                                    
NASDAQ OMX Helsinki                                                             
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