Comptel - Company Announcement

COMPTEL ACCELERATES ITS CUSTOMER AND PARTNER INTIMATE BUSINESS MODEL AND STARTS STATUTORY COOPERATION NEGOTIATIONS IN FINLAND

Helsinki, 2011-01-10 09:00 CET (GLOBE NEWSWIRE) -- Comptel Corporation   Stock
exchange release, 10 January 2011 at 10.00 am 

COMPTEL ACCELERATES ITS CUSTOMER AND PARTNER INTIMATE BUSINESS MODEL AND STARTS
STATUTORY COOPERATION NEGOTIATIONS IN FINLAND 

Comptel's growth strategy is based on providing OSS solutions and expertise to
customers and partners. Success in the chosen strategy requires having experts
working closer to the customers to ensure continuous interaction. The company
will accelerate its business transformation in European and MEA business units
by having more resources nearer to its key customers and partners in certain
growth markets. 

Comptel has today convened a meeting for statutory cooperation negotiations to
address the potential personnel impacts in Finland due to restructuring of the
European and MEA business units. It is estimated that the maximum reduction
need is 30 persons. The negotiation process is expected to be completed during
February 2011. Due to the investments in the other markets the total Group
headcount is not expected to decrease. 

COMPTEL CORPORATION

Juhani Hintikka
President and CEO

For further information, please contact:

Juhani Hintikka, President and CEO, tel. +358 (9) 700 1131

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