Revenio Group Oyj - Company Announcement

ICARE FINLAND OY TO ESTABLISH A SUBSIDIARY IN THE UNITED STATES

Helsinki, 2011-09-23 13:00 CEST (GLOBE NEWSWIRE) -- Revenio Group Corporation

Stock exchange release, September 23, 2011 at  2.00 p.m.



ICARE FINLAND OY TO ESTABLISH A SUBSIDIARY IN THE UNITED STATES

Icare Finland Oy, a subsidiary of Revenio Group Corporation, will establish a
subsidiary in Kansas City, Missouri, United States. The new subsidiary will
focus on sales of Icare products. John Floyd (41) has been appointed CEO of the
new company. Mr Floyd was previously USA Business Manager of Icare Finland Oy. 

The new company Icare USA Inc is planned to be effective as of 1 January 2012.



Revenio Group Corporation

Olli-Pekka Salovaara

President and CEO



For further information, please contact:

Olli-Pekka Salovaara, President & CEO, +358 (0) 40 567 5520 (mobile)

olli-pekka.salovaara@revenio.fi

http://www.revenio.fi/



DISTRIBUTION:

NASDAQ OMX Helsinki

Financial Supervisory Authority (FIN-FSA)

Key media

www.revenio.fi



Revenio Group Corporation, listed on the NASDAQ OMX Helsinki, is the parent
company of the Finnish conglomerate Revenio Group. Revenio Group Corporation's
subsidiaries share a focus on Finnish specialist expertise and export-based
operations. 

Revenio Group consists of six independent subsidiaries in five business areas.
These subsidiaries are Done Logistics Oy, Done Software Solutions Oy, Icare
Finland Oy, Boomeranger Boats Oy, FLS Finland Oy and Midas Touch Oy.