Tieto Oyj - Company Announcement

Tieto and I-Teco create a data centre joint venture in Russia

Tieto CorporationStock exchange release 2 September 2010, 9.00 am EET

Tieto Corporation and Russian leading IT service and consulting company I-Teco
will establish a new joint venture company, TrustInfo, providing a full range of
globally competitive infrastructure and cloud services in Russia. Tieto will own
70% of the shares in the new joint venture company and I-Teco 30%. The initial
investment by only Tieto will be approximately EUR 20 million. The new company
will start its operations after the transaction receives an approval from
Federal Antimonopoly Service of the Russian Federation.

The joint venture will be based in the existing I-Teco's data centre. The data
centre is a brand new, fully operational facility with highest technology,
quality, security and processes. It is already serving both Russian and foreign
enterprises operating in Russia. At the same time, Tieto will upgrade the data
centre with its operations management services and newest technology to enable
flexible IT infrastructure services delivery.

Tieto's operations management services in Russia will include server operations,
capacity services, connectivity and security services, Unified Communication &
Collaboration, as well as applications management, consolidation and
optimization capabilities.

The joint venture will be a part of Tieto's cloud services network also
including St. Petersburg, Helsinki, Stockholm, Oslo and Copenhagen. Moscow Data
Centre has a ready IT infrastructure environment with experienced IT
professionals, which gives possibility to serve customers immediately. With
Tieto's global operations, the new joint venture company will also give Russian
customers access to Tieto's and I-Teco's  technology partners such as Microsoft,
Cisco and EMC."Tieto has been active in the Russian market for more than ten years. In the
last couple of years we have significantly accelerated our investments in Russia
in order to serve better the rapidly expanding needs of both Russian enterprises
and foreign companies operating in Russia. We are now taking our next step in
this journey, and are very excited to announce our new joint venture with
I-Teco. This joint venture will have one of the most modern data centres in
Russia. We believe that this investment together with Tieto's world class
know-how of global IT industry will benefit many of our current and future
customers", says Hannu Syrjälä, President and CEO, Tieto Corporation"We are very confident that the Russian enterprises are accelerating their
efforts to increase productivity and focus on their core business. Tieto's
knowledge about strategic outsourcing and infrastructure services has been
rewarded here with several already ongoing projects. In this new facility, we
have space up to 16 000 servers which is tempting even for the most demanding
big companies. We believe that this data centre investment gives us an excellent
possibility to take important role in the Russian IT services market", says
Pekka Viljakainen, Executive Vice president and Head of Tieto International.
 "The main target for us when establishing a joint venture with Tieto is
achieving synergy of joining experience with the leading European IT outsourcing
partner that provides high quality services for international and Russian
customers. Our experience will be especially relevant in cases that require
special licensing and geographically distributed projects. The joint venture's
customers will have access to innovative, high-quality services such as
capacity-on-demand, secure cloud computing, Software as a service, and many
other innovative solutions", says Alexey Remizov, Chairman of the Board, I-Teco.


Press conference for media will be held at Tieto's premises in Moscow, address:
119421 Moscow, Lesnaya street 5 building C, Business Centre "White Square", on
2 September at 12.00am MSD (10.00am CET, 11.00am EET).

The conference will be webcasted live at the address www.tietorussia.ru/live and
there will be a possibility to present questions online.

Press material: bios, photos, videos and language version of releases is found
at the www.tietorussia.ru/pressbriefing



For more information:

Tuomo Summanen, Country Manager, Tieto Russia and CIS
Phone +74956637080, Email tuomo.summanen@tieto.com

Veli Pirttiaho, Senior Vice President, Head of IT Services, Tieto Russia and CIS
Phone + 79164657837, Email veli.pirttiaho@tieto.com

Karina Gloukhareva, Head of Marketing and Communications, Tieto Russia and CIS
Phone +79852885606, Email karina.gloukhareva@tieto.com

Vitaly Podshivalov, Director General, I-Teco
Phone +74957771095, Email income@i-teco.ru

Elena Petrova, PR Director, Head of Marketing, I-Teco
Phone +79851351863, Email petrova@i-teco.ru



Tieto is an IT service company providing IT, R&D and consulting services. With
approximately 17 000 experts, we are among the leading IT service companies in
Northern Europe and the global leader in selected segments. We specialize in
areas where we have the deepest understanding of our customers' businesses and
needs. Our superior customer centricity and Nordic expertise set us apart from
our competitors.
www.tieto.com

I-Teco (www.i-teco.ru) is a leading systems integrator and information
technologies supplier for companies in Russia. According to ratings, I-Teco is
one of the Tор 500 largest companies in Russia, one of the largest consulting
companies in Russia and one of the largest providers of IT services, IT
outsourcers and suppliers for banks. The company's staff comprises 1,050
employees. The high qualifications of I-Teco IT-personnel have been proved by
more than 1,300 received certificates, including ones unique in Russia, such as
the CDCDP: the Certified Data Center Design Professional international
certificate and the Accredited Tier Designer from Uptime Institute. In 2008,
I-Teco built data centre TrustInfo which can hold up to 800 racks and is still
the largest commercial data processing centre of Tier III in Russia with the
highest stability and engineering and information security.


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