Tecnotree Oyj - Company Announcement

Tecnotree receives a USD 7 million upgrade and expansion order from Central America

Tecnotree Corporation
Stock Exchange Release
19 August, 2014 at 5.20 pm EEST

Espoo, Finland - Telecom IT solutions provider Tecnotree today announced it has
received a USD 7 million order from an operator group in Latin America. The
order includes hardware and software upgrades and expansions to Tecnotree
AgilityTM Convergent Charging solution for Costa Rica, El Salvador, Guatemala,
Honduras and Nicaragua. Deliveries will start immediately and continue towards
the end of the year 2014. 

“Demand for digital content and data services is growing fast in the Central
American markets both with prepaid and post-paid customers. Communications
service providers in the region are acting upon this opportunity by enhancing
capabilities of their existing business support systems and deploying new
technologies such as LTE. We are honored to be in a position to help our
customers meet the new market demand by rapidly deploying the upgrades and
expansions required to support this growth,” says Oscar Fernandez, Vice
President Tecnotree Latin America. 

TECNOTREE CORPORATION

More information
Ilkka Raiskinen, CEO, tel. +358 (0) 45 311 3113
Vicki Fertnig at Liberty Communications: tel. +44 (0) 207 751 4444,
tecnotree@libertycomms.com 

Distribution
NASDAQ OMX Helsinki Ltd
Main Media
www.tecnotree.com

About Tecnotree
Tecnotree is a global provider of telecom IT solutions for the management of
products, customers and revenue. Tecnotree helps communications service
providers to transform their business towards a marketplace of digital
services. Tecnotree empowers service providers to monetise service bundles,
provide personalised user experiences and augment value throughout the customer
lifecycle. With over 1000 telecom experts, Tecnotree serves more than 100
service providers in over 70 countries. Tecnotree is listed on the main list of
NASDAQ OMX Helsinki with the trading code TEM1V. For more information on
Tecnotree, please visit www.tecnotree.com.