Innofactor Oyj - Company Announcement

Innofactor was selected to deliver a Resource Booking System for the City of Espoo

Innofactor Plc Stock Exchange Release June 21, 2012, at 16:40 Finnish time



Innofactor Plc's subsidiary Innofactor Software Ltd was selected in a public
procurement procedure to deliver a Resource Booking System for the City of
Espoo. The delivery includes the delivery of the system and the services
related to its implementation, support, hosting and maintenance. The value of
the contract is approximately EUR 475,000. 

The goal of the purchase is to acquire a Resource Booking System to fulfill the
current and future needs which enables the allocation of facilities, courses,
people, equipment and other resources through the Internet. The system will
include 500 users and main users. The City of Espoo wanted to have a single
vendor who is capable to commit into the cooperation and possesses required
resources for comprehensive development and maintenance of the system with high
quality of the operations. 

This transaction strengthens essentially Innofactor's position as a provider of
Resource Booking Systems and eServices for municipalities in Finland, and opens
significant new business opportunities. The City of Espoo is a strategic and
long term partner for Innofactor. Previously delivered solutions include
Espoo's Tennis Field Reservation System and Swimming Pool Access Control as
well as Information Management Solution. Resource Booking System is based on
Innofactor® Prime™ ERP Software. 



INNOFACTOR PLC

Sami Ensio

CEO


Additional information:

Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029


Distribution:

NASDAQ OMX Helsinki
Main media
www.innofactor.com