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2012-01-03 09:00:00 CET 2012-01-03 09:00:09 CET REGULATED INFORMATION Ixonos - Company AnnouncementIxonos commences co-operation negotiationsHelsinki, Finland, 2012-01-03 09:00 CET (GLOBE NEWSWIRE) -- Ixonos Plc Stock Exchange Release 3 January 2012 at 10:00 IXONOS COMMENCES CO-OPERATION NEGOTIATIONS Ixonos commences co-operation negotiations with its personnel in Finland for reasons related to production, financial position and reorganization of operations. The demand for Ixonos' Symbian and MeeGo R&D and software development services provided for Nokia Plc has reduced significantly, and the demand is not expected to return to past levels. The goal of the negotiations is to adjust the company's cost structure to the changed situation in order to secure the company's competitiveness. The negotiations apply to all personnel in Finland, who are employed by Ixonos Plc or the Group's subsidiaries, as well as to employees in foreign offices who are employed by Finnish companies or their foreign branch offices. The actions are estimated to impact 150 people at the most. In accordance with its strategy, Ixonos continues to expand its clientele by boosting sales of services and solutions to mobile technology suppliers, mobile device manufacturers, consumer electronics manufacturers and other customers operating in Finland and internationally. IXONOS PLC Kari Happonen President and CEO For more information, please contact: Ixonos Plc, Kari Happonen, CEO, tel. +358 400 700 761, kari.happonen@ixonos.com Distribution: NASDAQ OMX Helsinki Main media |
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