Ixonos - Company Announcement

IXONOS OPENS OFFICE IN SLOVAKIA

Ixonos Plc		Stock Exchange Release	6 March 2007	

IXONOS OPENS OFFICE IN SLOVAKIA                                                 

Ixonos Plc has founded a subsidiary in Slovakia and opened an office for the new
company in Kosice. The Slovakia-based subsidiary will produce testing services  
and software development and maintenance services for customer projects run by  
the Group's two business units and for the company's internal software          
development.                                                                    
                                                                                
With the establishment of a new office, the group aims at securing the          
availability of skilled software development and testing personnel to meet the  
needs of strong expansion and ever-larger individual customer projects. At the  
same time the idea is to boost the volume of lower-price services in the Group's
overall service offering.                                                       

The first customer projects run by the Group's Telecommunications Unit will be  
launched in Kosice during March.                                                

"For the moment we're transferring or preparing the transfer of several sub     
projects that are part of extensive ventures to Kosice", says Kari Liuska,      
director of the Telecommunications Unit of Ixonos Plc. "We started to recruit in
advance in Kosice at the end of 2006, and our first local employees have already
started their work at the office. At the same time a few of our experienced     
Finland-based software designers have been transferred to Kosice. This way we   
can smoothly embed the company way of doing things and our corporate culture    
into the local operations", Liuska continues.                                   

In future, the Kosice office will also produce services for the customers of the
Group's Systems Services Unit and for software projects related to the company's
internal service development.                                                   

The Kosice office is estimated to have dozens of employees by the end of 2007.  
Ixonos aims at developing Kosice into one of the Group's largest offices,       
employing over one hundred people in the next few years. "We also aim at        
increasing our personnel in Finland and in our Tallinn-based subsidiary which   
specializes in testing smartphones, but since resources are more readily        
available in Slovakia, our office in Kosice will grow faster than our other     
offices", says Kari Happonen, CEO and President of Ixonos. "The cost level in   
Kosice means that we can carry out extensive projects and produce life cycle    
solutions for software in a more economical way without giving up those benefits
we achieve by operating close to our customers in Finland or at the customers'  
overseas offices", Happonen continues.                                          

Kosice, which is located in Eastern Slovakia, was chosen as the location of the 
Group's new office based on a survey covering several Eastern European countries
regarding their technical and mathematical skills, the level of their           
educational institutes, infrastructure, traffic connections, as well as the     
level of costs. With approximately 245,000 residents, Kosice is the second     
biggest city in Slovakia. Kosice has both a technical university and a          
university. Slovakia became a member of the European Union in 2004.             

Ixonos is an information and communications technology service company producing
flexible software development, maintenance and project management solutions that
support its customers' competitiveness and risk management. Ixonos' clientele   
comprises leading mobile and smartphone manufacturers, mobile network suppliers 
and telecom carriers operating on the international markets, as well as Finnish 

companies operating in, for example, the finance sector.                        

Ixonos has offices in Helsinki, Jyväskylä, Kemi, Oulu, Rovaniemi, Salo and      
Tampere. In addition, the company's subsidiary has offices in Haapajärvi and    
Tallinn, Estonia. The Group's turnover in 2006 was EUR 39.2 million, and        
operating profit was EUR 3.9 million. The Group has a personnel of over 600.    


Distribution:                                                                   
Helsinki Stock Exchange                                                         
Main media                                                                      

Additional information:                                                         
Ixonos Plc                                                                      
President and CEO, Kari Happonen                                                
phone +358 424 2231, mobile +358 400 700 761                                   
kari.happonen@ixonos.com

Attachments:

ixonos_slovakiae_6.3.2007.pdf