Bittium Oyj - Company Announcement

New facilities for Bittium in Oulu, Finland

Stock Exchange Release

Free for publication on December 23, 2015 at 1.30 pm (CET+1)

New facilities for Bittium in Oulu, Finland

Today  Bittium Technologies Ltd  and NCC Rakennus  Oy have signed  a contract to
build  new facilities for Bittium in Oulu,  Finland. The agreement is design and
construct  contract in nature and the cost will be approximately EUR 13 million.
The  new facilities will consist of  approximately 8600 square meter and will be
located  at the intersection of Ritaharjuntie  and Tietolinja in Oulu. They will
be  ready  for  use  by  the  end  of  2017.  The  total  cost of the project is
approximately  EUR 15 million including land  property and fittings. The project
will  be financed from the company's existing financing structure as the project
moves  forward. The company expects to  streamline its operations and save costs
from 2018 onwards once the project has been completed.

The  plans for the  new facilities are  based on centralizing  the operations to
improve efficiency and to achieve cost savings. The building will be constructed
as  activity-spaced office, which improves the  usage of existing space and also
well-being  at work.  Compared to  traditional building  models, activity-spaced
office  has higher utilization  rate and supports  individual needs well. In the
activity-spaced  office, the employees have a new  type of freedom to choose the
working  space that best  supports individual tasks.  The new facilities planned
will  be  built  according  to  Bittium's  needs,  taking  into account the high
information security requirements.

In Oulu, December 23, 2015

Bittium Corporation
Hannu Huttunen
CEO

Further information:

Hannu Huttunen
CEO
Tel. +35840 344 5258

Distribution:

NASDAQ Helsinki
Main media

Bittium

Bittium  is  specialized  in  developing  reliable and secure communications and
connectivity solutions using the latest technologies and deep knowledge on radio
technology.  Bittium provides innovative products and customized solutions based
on  its product platforms, and R&D services for customers in various industries.
Bittium  also  offers  high  quality  information  security solutions for mobile
devices  and portable computers. Net sales  of continuing operations in 2014 was
EUR  52.7 million and operating profit was EUR 0.8 million. Bittium is listed on
Nasdaq Helsinki. www.bittium.com


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