Innofactor Oyj - Corporate Action

EUR 5,000,000 increase of Innofactor Software Ltd's equity

Innofactor Plc Stock Exchange Release August 9, 2011 at 8:40 Finnish time

At its meeting on August 8, 2011, the Board of Directors of Innofactor Plc
decided to increase the equity of Innofactor Software Ltd, a subsidiary of the
group, by EUR 5,000,000. 

The equity was increased by having Innofactor Software Ltd offer new shares to
Innofactor Plc for subscription at a total subscription price of EUR 5,000,000,
of which EUR 4,997,600 was recorded in Innofactor Software Ltd's fund for
invested unrestricted equity and EUR 2,400 in the share capital. The
subscription price was fully paid through an offset of EUR 5,000,000 of
Innofactor Plc's receivables from Innofactor Software Ltd. 

This equity increase was related to the arrangement reported earlier where the
Innofactor group's business operations were taken on by Innofactor Software
Ltd. The amount of Innofactor Software Ltd's equity will be significant
particularly for certain public-sector procurement contracts, where it may be
considered as one of the grounds for awarding a contract. 

INNOFACTOR PLC
Board of Directors

Further information:
Sami Ensio
CEO
Tel. 050 584 2029

Distribution:
NASDAQ OMX Helsinki
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