Tieto Oyj - Changes board/management/auditors

Tieto appoints Kimmo Alkio as President and CEO

Stock exchange release 26 July 2011 at 12.05 pm EET

Tieto Corporation's Board of Directors has appointed Kimmo Alkio President and
CEO as of 1 November 2011. Alkio joins Tieto from F-Secure Corporation where he
has been working as the President and CEO since 2006. 

Kimmo Alkio (born 1963) is a Finnish citizen and holds a BBA degree from Texas
A&M University and Executive MBA degree from Helsinki University of Technology.
Alkio has been a member of Tieto's Board of Directors and its Remuneration
Committee since 2009. He will resign from the Remuneration Committee
immediately. 

Kimmo Alkio has over 20-years experience from senior positions in various large
and smaller product- and service-oriented technology companies. Prior to his
current position as the President and CEO of F-Secure, he has worked in Nokia
Corporation (2005-2006) as the Vice President for the Consulting & System
Integration business and as a member of the Global Services Business Unit
management team within Networks. Between 2001 and 2005, Alkio worked in
F-Secure as the Chief Operating Officer and before 2001, he worked 14 years in
Digital Equipment Corporation and Compaq Computer in numerous management
positions with both European and global responsibilities in the headquarter
operations in Switzerland, Germany and the United States. 

“I am pleased to announce the appointment of Kimmo Alkio as Tieto's new
President and CEO. Kimmo has vast experience from the IT industry in various
global management positions. He has also gained experience as a CEO of a listed
company, which was one of the key criteria in our CEO selection process.
Furthermore, Kimmo has an excellent track record as a leader. Having been a
Board member in Tieto for two years he already knows the company well, which is
a clear advantage,” says Markku Pohjola, Chairman of the Board. 

“I take on my new role as the President and CEO of Tieto with a great deal of
enthusiasm. The company has a well established position in the Northern
European IT services market, which serves as a solid foundation for future
results and expansion. I also expect to personally bring a good degree of
global experience for our future competitiveness and operational execution. I
look forward to working with our customers and employees in creating customer
experiences that take us to a successful and innovative future,” states Kimmo
Alkio. 

Kimmo Alkio's CV and photo are available on Tieto's website at
www.tieto.com/Appointments. 



For further information, please contact:
Markku Pohjola, Chairman of the Board, tel. +358 50 1654



Press conference at 2.30 pm EET

Tieto will introduce the new President and CEO to media, analysts and investors
in a press conference today, 26 July at 2.30 pm EET in Tieto's headquarters,
address Aku Korhosen tie 2, Helsinki, Finland. Markku Pohjola and Kimmo Alkio
will be present in the meeting, which will be held in Finnish. 

International conference call at 4.00 pm EET

The company will arrange an international conference call hosted by Markku
Pohjola and Kimmo Alkio starting at 4.00 pm EET (3.00 pm CET, 2.00 pm UK time).
Participants may access the conference directly at the following telephone
numbers: UK Toll: +44 (0)20 7136 6283, US callers +1 718 354 1385, code
4169279. Lines are to be reserved ten minutes before the start of conference
call. 

An on-demand audiocast of the conference will also be published on Tieto's
website later during the day. A replay will be available until 2 August in the
following numbers: UK Toll: +44 (0)20 7111 1244, US callers: +1 347 366 9565,
access code: 4169279#. 



TIETO CORPORATION

DISTRIBUTION
NASDAQ OMX Helsinki
NASDAQ OMX Stockholm
Principal Media



Tieto is the leading IT service company in Northern Europe providing IT and
product engineering services. Our highly specialized IT solutions and services
complemented by a strong technology platform create tangible business benefits
for our local and global customers. As a trusted transformation partner, we are
close to our customers and understand their unique needs. With about 18 000
experts, we aim to become a leading service integrator creating the best
service experience in IT. www.tieto.com