2012-10-17 16:00:00 CEST

2012-10-17 16:00:02 CEST


REGULATED INFORMATION

Finnish English
Comptel - Company Announcement

Comptel Renews its Executive Board


Comptel Corporation             Stock exchange release, October 17 2012 at 5 pm



Comptel Renews its Executive Board

In order to execute its growth strategy and improve profitability, Comptel has
reorganized its Sales Leadership team and Executive Board by establishing a
Chief Market Operations Officer (CMO) role and reducing the number of Executive
Board members from twelve to seven. 

Mr. Mauro Carobene, SVP Europe West, will be appointed as CMO as of November 1,
2012.  The business area leaders will be part of the CMO Leadership team. They
will also be part of the extended Executive Board, meeting quarterly. 

The following appointments will take place as of November 1, 2012

Mr. Mika Korpinen will move from the Head of Asia-Pacific business area to the
Head of Middle East and Africa business area. 

Mr. Sami Ahonen, SVP Legal & M&A will become the Head of Europe East business
area. 

Mr. Kevin Taylor Head of UKBI cluster will become the Head of Europe West
business area 

Mr. Diego Becker will continue as the Head of Americas business area

Mr. Timo Koistinen will move from the Head of Europe East position to hold an
interim position as the Head of Asia Pacific business area, while a search for
a permanent Head is under way. After this assignment Mr. Koistinen will assume
the role of Head of Enterprise Sales for Comptel, reporting to the CMO. 

The current Head of Middle East and Africa business area - Mr. Veqar Islam has
decided to step down from his position due to family and health reasons. He
will support the new Head of the business area, Mr. Mika Korpinen, until the
end of year 2012 and after which he will leave the company. 

As of November 1, 2012, the members of Executive Board are, Mr. Juhani Hintikka
(CEO). Mr. Mauro Carobene (CMO), Mr. Mikko Hytönen (CFO), Mr. Antti Koskela
(CTO), Mr. Kari Onniselkä (Services), Ms. Niina Pesonen (HR) and Ms. Ulla
Koivukoski (Marketing and Communications). 

“I'm confident that these changes will further improve our operating mode and
support the successful execution of our growth strategy,” says Juhani Hintikka,
the President and CEO. 

Comptel amends its future disclosure policy regarding Executive Board
appointments to announce only the changes of the President and CEO and members
of the Board of Directors. 



COMPTEL CORPORATION

Juhani Hintikka
President and CEO

Distribution:

NASDAQ OMX Helsinki
Major media



Since 1986, Comptel has helped more than 280 service providers across 85
countries meet over one billion subscribers' communications and infotainment
needs. Comptel's solutions are built on an event - analysis - action strategic
framework that leverages the company's strengths in event data processing and
advanced predictive analytics to enable real-time action. Comptel's service
fulfillment, mediation, charging and policy control, and predictive social
analytics products with implementation and professional services enable service
providers to enhance customer engagement and, in turn, create revenue, reduce
costs and lessen churn. Comptel has a global team of nearly 700 professionals,
and net sales were EUR 77 million in 2011. For more information, visit
www.comptel.com.