Westend ICT Oyj - Company Announcement

Information on business operations prior to the merger on 27 December 2010

Innofactor Plc Stock Exchange Release 1 March 2011 at 9.50

Information on business operations prior to the merger on 27 December 2010



As the Innofactor Plc financial statement for 2010 published today does not
include the financial development of Westend ICT Plc during the period from 1
January 2010 to 26 December 2010, key figures regarding the company's
operations in this period are provided below. 

Net sales by Westend ICT Plc during the period from 1 January 2010 to 26
December 2010 totalled EUR 4,493 thousand. 

Net sales by Westend ICT Plc during the period from 1 October 2010 to 26
December 2010 (Q4) totalled EUR 1,269 thousand. 

Operating profit during the period from 1 January 2010 to 26 December 2010 was
EUR -258 thousand. Other operating costs included a one-off transfer tax of EUR
262 thousand in connection with the merger announced on 3 December 2010 and
one-off redundancy compensation totalling EUR 197 thousand. 

Operating profit during the period from 1 October 2010 to 26 December 2010 (Q4)
was EUR -507 thousand. The one-off costs mentioned above and totalling EUR 459
thousand are included in other costs booked for the accounting period. 

Business profit for the period from 1 January 2010 to 26 December 2010 was EUR
-392 thousand, and business profit during the period from 1 October 2010 to 26
December 2010 (Q4) was EUR -506 thousand. 



Espoo 1 March 2011

Innofactor Plc

Sami Ensio, CEO



Further information:
CEO Sami Ensio
Tel. +358 (0) 50 584 2029
sami.ensio@innofactor.com



Distribution:
NASDAQ OMX Helsinki
Principal media
www.innofactor.com