Innofactor Oyj - Changes in company's own shares

Innofactor Plc own shares purchase program has ended

Innofactor Plc Stock Exchange Release December 31, 2013, at 12:00 Finnish time

At its meeting on August 27, 2012, the Board of Directors of Innofactor Plc
decided to start the acquisition of its own shares. A maximum of 1,500,000
shares was decided to be acquired equaling approximately 4.97 % of the total
amount of the company's shares. The decision was based on the authorization
given to the Board by the Extraordinary General Meeting on August 27, 2012 to
acquire a maximum of 3,000,000 shares. The acquisition of own shares started on
September 4, 2012 and ended according to the original schedule on December 31,
2013. 

During the purchase program, Innofactor acquired a total of 569,000 shares at
an average price of EUR 0.5365 per share. Innofactor share closing price on
December 30, 2013, was EUR 1.26. The acquired 569,000 own shares have been
cancelled by a separate decision on September 17, 2013. 

Espoo, December 31, 2013

INNOFACTOR PLC

Board of Directors


Additional information:
Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029


Distribution:
NASDAQ OMX Helsinki
Principal media
www.innofactor.com

Innofactor is one of the leading software providers focused on Microsoft
solutions in the Nordic countries. Innofactor delivers to its customers IT
projects as a system integrator and develops its own software products and
services. The focus area in its own product development is Microsoft Azure
based cloud solutions. Innofactor's customers include over 1,000 companies and
government organizations in Finland, Denmark, Sweden and elsewhere in Europe.
In its operation, Innofactor strives for long-term customer relationships.
Innofactor has over 400 motivated and skilled employees in several locations in
Finland, Denmark, Sweden and Russia. The five year growth of Innofactor's net
sales in 2008 to 2012 has been about 35 percent annually. Innofactor is the
fastest growing technology company in the Finnish stock exchange. The
Innofactor Plc share is listed in the technology section of the main list of
NASDAQ OMX Helsinki Oy.