Etteplan Oyj - Company Announcement

ETTEPLAN COMPLEMENTS ITS MANAGEMENT GROUP

ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, APRIL 4, 2016, AT 1.30 P.M.


ETTEPLAN COMPLEMENTS ITS MANAGEMENT GROUP

Etteplan Oyj extended its service concept into embedded systems and industrial
internet solutions with the acquisitions of Espotel Oy and Soikea Solutions Oy,
published on March 15th, 2016. To support Etteplan’s expansion to the fast
growing market of industrial internet applications, Company complements its
Management Group. The new organization will take effect on April 4th, 2016. 

M.Sc. (Telecommunications), B.Sc. (Engineering) Kari Liuska has been nominated
as Senior Vice President, Embedded Systems and Industrial Internet. Liuska
transferred to Etteplan from the position of CEO at Espotel Oy. Liuska will be
responsible of the business of Espotel Oy and Soikea Solutions Oy which
transferred to Etteplan’s ownership on April 4th, 2016. 

“Kari Liuska brings his long international experience in leading and developing
expert business to Etteplan. His competence in embedded systems and industrial
internet solutions will support the execution of our business strategy
excellently. I warmly welcome Kari Liuska and the entire Espotel personnel to
the Group”, says Juha Näkki, President and CEO of Etteplan. 

As of April 4, 2016 Etteplan’s Management Group will consist of the following
persons in addition to President and CEO Juha Näkki: 
Per-Anders Gådin, Senior Vice President, Finance
Petri Ikonen, Senior Vice President, Technical Documentation Services
Veikko Lamminen, Senior Vice President, Operations Finland
Outi-Maria Liedes, Senior Vice President, HR & Operational Development
Kari Liuska, Senior Vice President, Embedded Systems and Industrial Internet
Riku Riikonen, Senior Vice President, Engineering Services
Mikael Vatn, Senior Vice President, Operations Sweden

All members of the Management Group report to the President and CEO.

Vantaa, April 4, 2016

Etteplan Oyj

Board of Directors

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

DISTRIBUTION:
Nasdaq Helsinki
Major media
www.etteplan.com

Etteplan’s services cover engineering, technical documentation, embedded
systems and IoT solutions. Our customers are the world’s leading companies in
the manufacturing industry. Our services are geared to improve the
competitiveness of our customers’ products and engineering processes throughout
the product life cycle. The results of Etteplan’s innovative engineering can be
seen in numerous industrial solutions and everyday products. 

In 2015, Etteplan had turnover of EUR 141.1 million. The company has about
2,400 professionals in Finland, Sweden, the Netherlands, Germany, Poland and
China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETT1V
ticker.