Revenio Group Oyj - Changes board/management/auditors

BOARD OF DIRECTORS OF REVENIO GROUP CORPORATION

BOARD OF DIRECTORS OF REVENIO GROUP CORPORATION

Helsinki, 2011-03-31 16:40 CEST (GLOBE NEWSWIRE) -- Revenio Group Corporation 
STOCK EXCHANGE RELEASE, 31 March 2011 at 5:40 pm 

BOARD OF DIRECTORS OF REVENIO GROUP CORPORATION

Today, on 31 March 2011, the Annual General Meeting of Revenio Group
Corporation elected Rolf Fryckman, optician; Timo Mänty, M.Sc. (Econ. &
Bus.Adm.); Pekka Tammela, M.Sc. (Econ. & Bus.Adm.), APA; Julia Ormio, Senior
Legal Counsel; and Matti Hyytiäinen, M.Sc. (Econ.), as members of the Board of
Directors. 

At its meeting held after the AGM, the Board of Directors elected Mänty as its
chairman. Mänty, born in 1960, will be managing director of Onninen Oy from 1
April. Before this, he was the president of Rautakirja Ltd., head of the Sanoma
Trade division, and a member of Sanoma's Executive Management Group. From 1996,
he held the title Senior Vice President for Movie Operations at Sanoma Trade
and was the managing director of Finnkino Ltd. In 1990-1993, he held the posts
of Vice President with Suomalainen Kirjakauppa Ltd. (handling bookstore
operations) and Director of Press Distribution at Sanoma Trade. 

In addition to pursuing his career with Sanoma Trade, Mänty has worked at
Hartwall Ltd. as senior vice president for Marketing and Exports as well as
managing director of Mallasjuoma Oy and in various sales and marketing
positions with Unilever Finland. Mänty has been a member of the Revenio Board
of Directors since 15 April 2009. 

Board member Fryckman (b. 1954) is the chairman of the Board of Directors of,
and a shareholder in, Eyemaker's Finland Oy. He also plays a leadership role
vis-à-vis companies in which Eyemaker's Finland Oy has a stake. His previous
work includes time as an entrepreneur in the optical industry, from 1974, and
various sales and marketing roles. Most recently, he was the managing director
of Cazze Optikot, from 2000. Fryckman has been a member of the Revenio Board of
Directors since 8 April 2010. 

Board member Tammela (b.1962),  M.Sc. (Econ. & Bus. Admin.), APA is a partner
in Pajamaa Partners Oy. He served in various managerial posts in 1999-2006,
such as CFO of Solteq Corporation and Panostaja Corporation and a senior
manager in KPMG and PricewaterhouseCoopers. Before 1999, he worked as an
Authorized Public Accountant. He has sat on Revenio's Board since April 3,
2007. 

Board member Hyytiäinen (b. 1960) is president and CEO of Etteplan Oyj. He also
holds the position Member of the Board with both PKC Group Oyj and Prewise
Group Oy. His previous work includes posts as senior vice president for KONE
Corporation's Escalator Business operations in 2002-2007, an executive vice
president at Perlos Corporation in 2001-2002, managing director of KONE China
in 1996-2000, and managing director of KONE Indonesia in 1994-1996. 

Board member Ormio (b. 1970), EEA Aptitude, Law, holds the title Senior Legal
Counsel at Outotec Oyj. She is also chairman of the Industrial Lawyers
Association and a member of the Advisory Board of Finnish Listed Companies
(Listayhtiöiden neuvottelukunta). Previously, she worked as a senior associate
with Castrén & Snellman Attorneys Ltd., in 2006-2008, and legal counsel for
Elcoteq SE, in 2001-2006, as well as legal trainee at the European Court of
First Instance in 2000 and with the European Commission's DG Competition in
1999. 

Revenio Group Corporation

Olli-Pekka Salovaara

President and CEO

For further information, please contact:

Olli-Pekka Salovaara, President & CEO, at +358 40 567 5520 (cell) or

olli-pekka.salovaara@revenio.fi

http://www.revenio.fi/

DISTRIBUTION:

NASDAQ OMX Helsinki

Financial Supervisory Authority (FIN-FSA)

Key media

www.revenio.fi

Revenio Group Corporation, the parent company of the Finnish business group
Revenio Group, is listed on the NASDAQ OMX Helsinki Ltd exchange. Revenio's
subsidiaries share a focus on Finnish specialist expertise and export-based
operations. 

Revenio Group is made up of seven independent subsidiaries, in five business
areas. These subsidiaries are Done Information Oy, Done Logistics Oy, Done
Software Solutions Oy, Icare Finland Oy, Boomeranger Boats Oy, Finnish
Led-Signs Oy, and Midas Touch Oy.