Tecnotree Oyj - Company Announcement

Tecnotree starts co-operation negotiations in Finland

Tecnotree Corporation
Stock Exchange Release
30th September 2014 at 10.00 am EEST

Tecnotree will start co-operation negotiations in Finland regarding the
reduction of maximum seventeen positions on financial and productive grounds.
The negotiations concern the whole personnel in Finland but the planned
measures will mainly focus on the Value Added Services unit. The company has
worldwide 1060 employees of whom 91 work in Finland. 

In the frame of negotiations alternative ways to adjust company's activities in
addition to the staff reductions are also handled. 

The objective of the negotiations is to adjust the cost level with the current
business situation and to improve our operations in order to match the market
demands. 

TECNOTREE CORPORATION

Ilkka Raiskinen
CEO


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

About Tecnotree
Tecnotree is a global provider of telecom IT solutions for the management of
products, customers and revenue. Tecnotree helps communications service
providers to transform their business towards a marketplace of digital
services. Tecnotree empowers service providers to monetise on service bundles,
provide personalised user experiences and augment value throughout the customer
lifecycle. With over 1000 telecom experts, Tecnotree serves more than 100
service providers in over 70 countries. Tecnotree is listed on the main list of
NASDAQ OMX Helsinki with the trading code TEM1V. For more information on
Tecnotree, please visit www.tecnotree.com