Comptel - Company Announcement

COMPTEL APPOINTS JUHANI HINTIKKA NEW PRESIDENT AND CEO

Comptel Corporation	Stock exchange release, 26 October 2010 at 8.00 am


COMPTEL APPOINTS JUHANI HINTIKKA NEW PRESIDENT AND CEO

The Board of Directors of Comptel Corporation has today appointed Mr Juhani
Hintikka, M.Sc. (Eng.), as the new President and CEO of Comptel. He will assume
his new position on January 3, 2011. 

Juhani Hintikka (b. 1966) is currently the global Head of Operations Support
Solutions Business Line at Nokia Siemens Networks. 

At Nokia and Nokia Siemens Networks, Mr Hintikka has since 1999 held several
general management and executive positions in research and development,
operations and sales, leading global organisations with sites in India, China
and several European countries. Prior to joining Nokia Siemens Networks, he
worked in Konecranes Group during 1994 - 1999 (located in France 1994 - 1998)
and in KONE Group during 1992 - 1994. Mr Hintikka was a member of the Board of
Directors of Comptel Corporation during 2007 - 2008. 

“Juhani Hintikka is a seasoned executive with an extensive track record in
telecommunications business. He has a deep understanding of telecommunications
ranging from wireless technology to services and software. He has wide market
experience especially from emerging markets in Asia, Middle East and Latin
America. The Global Operations Support Systems market for telecommunications is
undergoing significant structural changes and I am convinced that Juhani as the
new President and CEO has the exact right competencies to accelerate Comptel's
transformation in this growing market”, says Olli Riikkala the Chairman of the
Board of Comptel. 
Sami Erviö will leave his current position as President and CEO of the Company
with immediate effect. He will continue for the time being to work with
assignments from the Board of Directors. Simo Sääskilahti, Senior Vice
President, Products and Solutions and Deputy CEO has been appointed Acting
President and CEO starting October 26, 2010 until Juhani Hintikka assumes his
new position. 

“On behalf of the Board of Directors, I want to thank Sami Erviö for his
significant contribution as the President and CEO of Comptel. Under Sami's
leadership, the Company has gone through a major restructuring and is now in a
good position to face the challenges of the OSS marketplace”, says Olli
Riikkala. 

COMPTEL CORPORATION
Board of Directors

Additional information:
Mr. Olli Riikkala, Chairman of the Board, tel. +358 403 558491

Distribution:
NASDAQ OMX Helsinki
Major media



Comptel software enables telecom operators to deliver services flexibly and
charge them effectively. Comptel's wide expertise in service fulfillment,
mediation and charging empowers customers to focus on delivering innovative
services. Comptel has provided solutions to 280 service providers with 800
million subscribers in 85 countries. The Group has about 600 employees
worldwide, and net sales were EUR 75 million in 2009. www.comptel.com