Stonesoft - Company Announcement

TEKES FUNDING FOR STONESOFT'S RESEARCH AND DEVELOPMENT PROJECT

STONESOFT CORPORATION STOCK EXCHANGE RELEASE 20 MAY 2009 AT 2:20 P.M.

TEKES FUNDING FOR STONESOFT'S RESEARCH AND DEVELOPMENT PROJECT
Tekes, the Finnish Funding Agency for Technology and Innovation, has
decided to fund Stonesoft Corporation's research and development
project "The protection of fast networks of critical infrastructure"
with more than a million euros. The funding is allocated over three
years so that the majority is granted for the years 2009 and 2010."This research and development project ensures that the performance
of Stonesoft's products will meet the requirements of the most
demanding environments also in the future. We are very pleased with
the funding decision of Tekes, because the granted funding
considerably accelerates the completion of the project. We believe
that this acceleration will clearly improve the competitiveness of
our products", says Ilkka Hiidenheimo, the CEO of Stonesoft.
The decision of Tekes was based on, among other, the following
grounds: the Stonesoft project has substantial and broad impact on
the development of know-how that brings competitiveness compared to
the funding required by Tekes. The project has significant novelty
value and is highly challenging in international framework.
We believe that the granted funding together with the present cost
savings program will help the company to reach its target of improved
profitability set for 2009.

For further information:
Ilkka Hiidenheimo, CEO, Stonesoft Corporation
Tel. (09) 476 711
E-mail: ilkka.hiidenheimo@stonesoft.comStonesoft Corporation
Ilkka Hiidenheimo, CEO

Distribution:
NASDAQ OMX Helsinki Ltd
Main media
www.stonesoft.com

Attachments:

TEKES FUNDING FOR STONESOFTS RESEARCH AND DEVELOPMENT PROJECT.pdf