Innofactor Oyj - Company Announcement

Innofactor cancels treasury shares

Innofactor Plc Stock Exchange Release December 27, 2013, at 12:50 Finnish time

Innofactor has decided to cancel 3,539,189 shares held by the company. The
cancellation of shares does not have an effect on the amount of share capital
of the company. The cancellation of shares will be notified to be cancelled
without delay in the Trade Register. Following the cancellation the number of
shares in the Company will be 32,051,362. 

Espoo, December 27, 2013

INNOFACTOR PLC

Board of Directors


Additional information:
Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029


Distribution:
NASDAQ OMX Helsinki
Principal media
www.innofactor.com

Innofactor is one of the leading software providers focused on Microsoft
solutions in the Nordic countries. Innofactor delivers to its customers IT
projects as a system integrator and develops its own software products and
services. The focus area in its own product development is Microsoft Azure
based cloud solutions. Innofactor's customers include over 1,000 companies and
government organizations in Finland, Denmark, Sweden and elsewhere in Europe.
In its operation, Innofactor strives for long-term customer relationships.
Innofactor has over 400 motivated and skilled employees in several locations in
Finland, Denmark, Sweden and Russia. The five year growth of Innofactor's net
sales in 2008 to 2012 has been about 35 percent annually. Innofactor is the
fastest growing technology company in the Finnish stock exchange. The
Innofactor Plc share is listed in the technology section of the main list of
NASDAQ OMX Helsinki Oy.