QPR Software - Company Announcement

QPR SOFTWARE PLC TO ACQUIRE ITS OWN SHARES

Helsinki, Finland, 2011-04-01 08:00 CEST (GLOBE NEWSWIRE) -- 

QPR SOFTWARE PLC STOCK EXCHANGE BULLETIN APRIL 1, 2011 at 9.00 a.m.

QPR SOFTWARE PLC TO ACQUIRE ITS OWN SHARES

QPR Software Plc´s Board of Directors has decided, according to the
authorization granted by the Annual General Meeting on March 18, 2011 to
acquire its own shares. 

According to the authorization the company may acquire own shares in order to
strengthen the company's capital structure, to be used as payment in corporate
acquisitions or when the company acquires assets related to its business and as
part of the company's incentive programs in a manner and to the extent decided
by the Board of Directors, and to be transferred for other purposes or to be
cancelled. The authorization granted by the Annual General Meeting is in force
until the next Annual Shareholders' Meeting. 

The acquisition of own shares will start at the earliest on April 8, 2011. The
shares will be acquired through public trading on NASDAQ OMX Helsinki Ltd at
the market price prevailing at the time of acquisition. According to the
decision by the Board of Directors the company may acquire a maximum of 250,000
own shares. 

QPR SOFTWARE PLC
Board of Directors

Additional information:
Jari Jaakkola, Chief Executive Officer
QPR Software Plc.
Tel. +358 40 502 6397
www.qpr.com

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main media

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