Tecnotree Oyj - Company Announcement

Tecnotree has been awarded USD 24 million convergent charging contract in Latin America

Tecnotree Corporation
Stock Exchange Release
April 24, 2012 at 8.30 am (CET+1)

Tecnotree has won a USD 24 million contract from an operator group in Latin
America to replace existing voice and data charging systems with the Tecnotree
convergent online charging solution in one country. The delivery also includes
content partner management and content charging and delivery solutions and an
expansion to previously supplied Tecnotree Enterprise VPN charging solution.
Delivered systems will be used to rate and charge voice and data services for
millions of mobile prepaid and post-paid customers as well as mobile broadband
customers. The systems will be taken into use in phases during 2012-2013. 

The Tecnotree solution is based on Tecnotree Agility(TM) Suite encompassing
Real-Time Convergent Charging, Prepaid IN and Telecom & Media Server. The
solution allows the operator to ripe immediate benefits such as to launch new
and innovative bundled offerings faster across services, business lines and
payment methods, and to improve their operational efficiency with
pre-integrated solution components. 

Kaj Hagros, President and CEO of Tecnotree comments: “Tecnotree is very proud
of the longstanding relationship with the operator group customer in Latin
America. In this case they trust us the entire charging infrastructure in one
country operation, which is a fantastic endorsement to our delivery capability
and our strategy of full business IT suite offering. Tecnotree has been
increasingly acknowledged by the analysts such as Gartner, and replacing
competitive platforms gives us confidence that we are picking up steam.” 

TECNOTREE CORPORATION

Kaj Hagros
President and CEO

Further information
Kaj Hagros, President and CEO, tel. +358 40 849 1749

Distribution
NASDAQ OMX Helsinki Ltd
Main Media
www.tecnotree.com

About Tecnotree
Tecnotree is a global provider of a broad range of telecom IT solutions focused
on charging, billing, customer care, messaging and content services. Tecnotree
empowers communication service providers to create and monetize a broad
marketplace of digital services, and augment value across the customer
lifecycle. Acknowledged for agility and commitment, Tecnotree has more than 900
employees serving over 100 operators globally. Tecnotree is listed on the main
list of NASDAQ OMX Helsinki Ltd. with the trading code TEM1V. For more
information on Tecnotree visit www.tecnotree.com