Stonesoft - Company Announcement

STONESOFT STRIVES FOR IMPROVED PROFITABILITY AND SPECIFIES THE SAVINGS TARGET FOR THE REST OF THE YEAR TO BE AROUND 1.5 MILLION EUROS

Stonesoft Corporation stock exchange release 4.5.2009 at 9:15 a.m.

STONESOFT STRIVES FOR IMPROVED PROFITABILITY AND SPECIFIES THE
SAVINGS TARGET FOR THE REST OF THE YEAR TO BE AROUND 1.5 MILLION
EUROS

Stonesoft Corporation continues its decisive and persistent efforts
to increase its net sales and to improve its profitability. The
company has already earlier announced that its main target in 2009 is
growth of net sales and improved profitability. In order to reach
improved profitability the company has initiated several actions
during the spring. While the global economical uncertainty continues,
Stonesoft Corporation's management has decided to further reduce the
company's cost structure and has, at the same time, specified the
company's savings target for the rest of the year to be around 1.5
million Euros. To reach this target the company will, among other
actions, commence co-operation negotiations concerning termination of
employment contract of at the most nine (9) employees and laying off
the personnel in Finland for a maximum of 90 days."We specify our savings target in order to be able to ensure the
positive development of the company's profitability for the whole
year as well as maintaining the key resources in the long run. We
wish to be in full operation immediately when the market situation
turns", says Ilkka Hiidenheimo, CEO of Stonesoft.


Stonesoft Corporation
Ilkka Hiidenheimo
CEO


For further information:

Ilkka Hiidenheimo, CEO, Stonesoft Corporation
Puh. 09 476 711
E-mail: ilkka.hiidenheimo@stonesoft.com



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