Elektrobit Oyj - Changes board/management/auditors

APPOINTMENT IN THE MANAGEMENT OF EB, ELEKTROBIT CORPORATION

STOCK EXCHANGE RELEASE

Free for publication on March 24, 2011, 9.00 a.m. (CET+1)
APPOINTMENT IN THE MANAGEMENT OF EB, ELEKTROBIT CORPORATION

EB,  Elektrobit  Corporation,  has  appointed  M.Sc.  (Econ)  Gregor  Zink, Vice
President, Finance of EB Automotive Business Segment, as Acting President of the
EB Automotive Business Segment effective April 1, 2011. EB announced on December
15, 2010, that  the  employment  of  Jarkko  Sairanen  (M.Sc  (Eng),  MBA),  the
President  of the  Automotive Business  Segment will  end on  March 31, 2011. EB
continues to look for a successor for this position.


Further information:
Jukka Harju
CEO
Tel. + 358 40 344 5466

Distribution:
NASDAQ OMX Helsinki Ltd
Major media

EB, Elektrobit Corporation
EB creates advanced technology and turns it into enriching end-user experiences.
EB  is specialized  in demanding  embedded software  and hardware  solutions for
wireless and automotive industries. The net sales for the year 2010 totaled MEUR
161.8. Elektrobit      Corporation      is      listed     on     NASDAQ     OMX
Helsinki.www.elektrobit.com

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