Etteplan Oyj - Company Announcement

Etteplan acquires the Dutch-based Tedopres International

ETTEPLAN OYJ STOCK EXCHANGE RELEASE MARCH 2, 2012 AT 10:20 A.M.


ETTEPLAN ACQUIRES THE DUTCH-BASED TEDOPRES INTERNATIONAL

Etteplan Oyj continues to invest in technical product information methods and
expands operations in Europe by acquiring Tedopres International B.V. 

Etteplan Oyj has signed on March 2, 2012 an agreement to acquire the entire
share capital of the Dutch-based Tedopres International B.V. The target is to
finalize the acquisition by March 5, 2012. The parties have agreed that the
purchase price will not be made public. In 1974 established Tedopres currently
employs approximately 85 persons and has offices in Best, the Netherlands and
in Austin, USA. The company's revenue in 2011 was approximately EUR 8 million. 

Tedopres International provides innovative methods for the creation and
distribution of technical product information. Company's customers are global
aviation and defence industry companies, equipment manufacturers in medical
technology as well as mining and consumer electronics manufacturers based in
Europe, Asia and North-America. 

Tedopres International has developed groundbreaking service solutions and
methods for controlled English (Simplified Technical English) and illustration
(Simplified Technical Illustrations). Simplified Technical English was
originally developed for the aviation industry to meet its high standards for
technical product information. With the help of Tedopres solutions the quality
of product information is improved and the high quality level enhances the
usability and safety of products. With effective content creation methods the
amount of text can also be shortened which leads to significant, up to 30-40%,
cost savings in translations, printing and distribution of technical
documentation. In addition Tedopres' technology transferred with the
acquisition enables innovative distribution of technical information for
example in mobile terminal devices and speech applications. 

After the acquisition Etteplan's service solutions will cover all the sectors
of technical product information from content creation to distribution. With
Etteplan's China offshoring service the combination is unique in the area of
technical product information. 

Juha Näkki, President and CEO of Etteplan Oyj: “The signed agreement follows
Etteplan's strategy to continuously develop new methods according to its
customers' changing needs. The first-class service solutions of Tedopres
complement Etteplan's service offering in an excellent manner in technical
product information and create even better growth opportunities for Etteplan
both in existing and new customer industries”. 

After the acquisition Etteplan has more than 300 technical product information
specialists including the personnel in China units. 

The acquisition has no effect in Etteplan Oyj's financial guidance for year
2012. 

Hollola, March 2, 2012

Etteplan Oyj

Board of Directors


Additional information:
Juha Näkki, President and CEO, tel. +358 400 606 372


DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.etteplan.com


Etteplan is a specialist in industrial equipment engineering and technical
product information solutions and services. Etteplan's engineering expertise
and service products cover the entire life cycle of the client's products. Our
customers are global leaders in their fields and operate in areas like the
automotive, aerospace and defense industries as well as the electricity
generation and power transmission sectors, and material flow management. 

Etteplan has comprehensive competence in electronics and embedded systems
development, automation and electrical design, mechanical design and technical
product information solutions and services. 

In 2011, Etteplan had turnover of EUR 119.4 million. The company currently has
more than 1,600 experts in Finland, Sweden, and China. Etteplan's shares are
listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.