F-Secure Oyj - Company Announcement

F-Secure plans to reorganize its operations to drive growth and starts employee negotiations

October 4, 2010 at 12.00
F-SECURE PLANS TO REORGANIZE ITS OPERATIONS TO DRIVE GROWTH AND STARTS EMPLOYEE
NEGOTIATIONS 

F-Secure plans to re-organize its operations to drive growth in the Software as
a Service business. Objective is to further emphasize and increase activities
in the operator channel to take advantage of the market opportunity for value
added services. 

The company seeks to streamline its organizational structure to drive
efficiency and focus in the core growth businesses. The planned structural
changes and related efficiency gains are intended to fund future growth
investments for the Software as a Service business globally. 

F-Secure has today initiated employee negotiations with the employee
representatives in Finland to plan the organizational changes. The management
estimates that the employee negotiations may lead to reduction of 80 employees
of which 50 in Finland. The scope of the employee negotiations cover all
employee groups and functions in F-Secure. 

F-Secure's business in the third quarter of 2010 has developed as planned and
guidance remains unchanged. The guidance given on July 29th for Q3 2010 was the
following: revenues 31-33m and costs around 25m. The next interim report will
be published on October 27 (Q3 2010). 

F-Secure Corporation

Kimmo Alkio, President and CEO      

Additional information

F-Secure Corporation 
Kimmo Alkio, President and CEO      
tel. +358 9 2520 0700

Taneli Virtanen, CFO     
tel. +358 9 2520 5655