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2007-06-19 14:09:31 CEST 2007-06-19 14:09:31 CEST REGULATED INFORMATION Okmetic Oyj - Company AnnouncementOKMETIC SIGNS AN IMPORTANT RAW MATERIAL PURCHASE AGREEMENTOKMETIC OYJ STOCK EXCHANGE RELEASE 19 JUNE 2007 OKMETIC SIGNS AN IMPORTANT RAW MATERIAL PURCHASE AGREEMENT Okmetic and Tokuyama Corporation, a Japanese manufacturer of polycrystalline silicon, have today signed an agreement whereby Tokuyama will supply Okmetic with polycrystalline silicon, the principal raw material for Okmetic's products. The agreement will improve the availability of Okmetic's raw material significantly and is worth around 60 million dollars. It covers the years 2008-2012 and includes a total of around 4.4 million dollars' worth of advance payments, which will be made between now and next year. OKMETIC OYJ Antti Rasilo President For further information, please contact: Antti Rasilo, President, Okmetic Oyj, Tel. +358 9 5028 0232, email: antti.rasilo@okmetic.com Timo Koljonen, Senior Vice President, Production, Okmetic Oyj, Tel. +358 9 5028 0263, email: timo.koljonen@okmetic.com Distribution: Helsinki Exchanges Principal media IN BRIEF Okmetic - Take it higher Okmetic is a technology Company that manufactures and carries out further processing on high-quality silicon wafers for the sensor and semiconductor industries. The Company also sells technology. Okmetic's wafers are part of a further processing chain, which produces end products that improve human interaction and quality of life. Okmetic's products are based on innovative product development, an efficient production process and a strong partner network. The Company offers its customers solutions that enhance their competitiveness and profitability. Okmetic has plants in Vantaa, Finland and in Allen, Texas in North America. The Company is quoted on the Helsinki Stock Exchange (Nordic Small Cap list: OKM1V). More information about the Company can be found at www.okmetic.com. |
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