Incap - Company Announcement

Incap strengthens key functions by appointing new managing director to operations in Estonia

Incap Corporation
Stock Exchange Release                    9 November 2015 at 11.30 am (EET)



INCAP STRENGTHENS KEY FUNCTIONS BY APPOINTING NEW MANAGING DIRECTOR TO
OPERATIONS IN ESTONIA

Otto Pukk (M.Sc. B.E) has been appointed as Managing Director of Incap's
operations in Estonia as from 17 November 2015.

Otto Pukk has during his career served in demanding positions in various
technology companies, thereby gaining comprehensive experience in managing and
leading operations in international companies. Most recently he has acted as CEO
of Eesti Energia Technology Industries (Enefit). Before that he has held
different managerial positions in the ETAL Group (ElektronikGruppen BK AB) both
in Baltic countries, in Finland and in Asia.

Otto Pukk is also appointed to the Management Team of Incap Group. The
Management Team now consists of Ville Vuori (CEO of the Group), Murthy Munipalli
(Director, Operations in India) and Otto Pukk (Director of Operations in
Estonia). The Group's factories in Estonia and India are operating as
independent profit centers, which are responsible besides the actual order-
delivery process also for customer relations, quotations and pricing.

President and CEO Ville Vuori:"I wish Otto most welcome to our team. His
appointment supports the strengthening of our operations further, as he has
impressive expertise in technology industry and he has successfully held several
leadership positions. I trust that he will make a great contribution to the
Estonian team when aiming at continued profitable growth."


INCAP CORPORATION

Further information:
Ville Vuori, President and CEO of Incap Group, tel. +358 400 369 438

Distribution:
NASDAQ OMX Helsinki Ltd
Principal media
The company's home page www.incapcorp.com

INCAP IN BRIEF
Incap Corporation is an international contract manufacturer. Incap's customers
are leading suppliers of high-technology equipment in their own business
segments, and Incap increases their competitiveness as a strategic partner.
Incap has operations in Finland, Estonia, India and China, and the company
currently employs approximately 400 people. Incap's share is listed on the
NASDAQ OMX Helsinki Ltd. Additional information: www.incapcorp.com.

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