Tecnotree Oyj - Company Announcement

Tecnotree signs a USD 14.6 million expansion contract in Latin America

Tecnotree Corporation
Stock Exchange Release
6 September, 2012 at 8.30 am (EEST)

Espoo, Finland - Telecom IT solutions provider Tecnotree today announced that
it has been awarded a USD 14.6 million contract with an operator group in Latin
America. 

The contract covers functional, subscriber and traffic expansions to previously
deployed Tecnotree systems across several countries in Latin America. The
expanded solutions are related to Prepaid Charging, Voucher Management, Voice
Mail Systems and VPN and Interactive Voice Response Solutions. Deliveries will
start immediately and span across the next several months. 

Oscar Fernandez, Vice President, Latin America of Tecnotree, comments: “Latin
America is a growth market and Tecnotree is delighted to be a part of that
success working in close collaboration with a major operator group. As
subscriber numbers and usage of services are both rapidly increasing, we scale
our business in line with the growth expectations of the market.” 

TECNOTREE CORPORATION



Further information
Kaj Hagros, President and CEO, tel. +358 40 849 1749
Georgina Heaume/Helen Gough 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 a broad range of telecom IT solutions focused
on charging, billing, customer care, messaging and content services. Tecnotree
empowers communication service providers to create and monetize a broad
marketplace of digital services, and augment value across the customer
lifecycle. Acknowledged for agility and commitment, Tecnotree has more than
1000 employees serving over 100 operators globally. Tecnotree is listed on the
main list of NASDAQ OMX Helsinki Ltd. with the trading code TEM1V. For more
information on Tecnotree visit www.tecnotree.com