Tecnotree Oyj - Company Announcement

Division Bench of the High Court of Delhi has dismissed the appeal made by Atul Chopra regarding the execution petition

Tecnotree Corporation
Stock Exchange Release
5 September, 2012 at 3.00 pm (EEST)

Atul Chopra, a former board member of Tecnotree Corporation, had filed an
appeal before the Division Bench of the High Court of Delhi, India regarding
the High Court of Delhi's decision on the execution petition. The said appeal
was dismissed by the Court on 4 September 2012. The Court held that there was
no compromise decree between the parties in accordance with the law and that
the parties had agreed that all disputes relating to the Settlement Agreement
shall be resolved in arbitration. 

TECNOTREE CORPORATION

Board of Directors

FURTHER INFORMATION
Kaj Hagros, President and CEO, tel. +358 40 849 1749

DISTRIBUTION
NASDAQ OMX Helsinki Ltd.
Main media
www.tecnotree.com

About Tecnotree
Tecnotree is a global provider of a broad range of telecom IT solutions focused
on charging, billing, customer care, messaging and content services. Tecnotree
empowers communication service providers to create and monetize a broad
marketplace of digital services, and augment value across the customer
lifecycle. Acknowledged for agility and commitment, Tecnotree has more than
1000 employees serving over 100 operators globally. Tecnotree is listed on the
main list of NASDAQ OMX Helsinki Ltd. with the trading code TEM1V. For more
information on Tecnotree visit www.tecnotree.com