2015-09-22 08:00:02 CEST

2015-09-22 08:00:04 CEST


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Innofactor Oyj - Company Announcement

Innofactor updates its Strategy


Innofactor Plc Stock Exchange Release September 22, 2015, at 9:00 Finnish time

Innofactor Plc Board of Directors has decided, in the meeting held on 21
September, to update Innofactor's strategy. The key items in the updated
strategy are: 

Mission: Empower organizations and people to make a difference in the digital
world. 

Vision: We are the number one Microsoft-based solution provider in the Nordics.

Innofactor's strategy for differentiate from the competition:

  -- Deep understanding of commercial and public sector customers in the Nordics
  -- The best Nordic professionals in Microsoft ecosystem
  -- Comprehensive Microsoft-based offering, products and services
  -- Fast delivery and value-adding customer support 

Board of Directors kept Innofactor's long-term financial goals the same, and
the target is to grow profitably: 

  -- By achieving over 10 percent EBITDA every year in 2014 to 2017
  -- By achieving an average annual growth of 25 to 35 percent in 2014 to 2017
     through organic growth as well as acquisitions
  -- By keeping cash flow positive and by securing solid financial standing in
     all situation

”I am very pleased with our strategy process, which was concluded together with
our Board of Directors, renewed Group Executive Board, company executives and
personnel. Our renewed mission reflects the passion that was the grounding
factor when I founded Innofactor 16 years ago - and it continues today when we
all at Innofactor work for our clients, their customers and employees.
Digitalization offers totally new opportunities for organizations and
individuals to succeed”, says Mr. Sami Ensio, founder, main owner and CEO of
Innofactor. 

Updated strategy will be the corner stone for the planning and budgeting
according our annual calendar. 

INNOFACTOR PLC

Board of Directors

Further information:

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


Distribution:

NASDAQ OMX Helsinki
Main media
www.innofactor.com

About Innofactor Plc

Innofactor is one of the leading Nordic IT solution providers focused on
Microsoft platforms. Innofactor delivers business critical solutions and
maintenance services as a system integrator and develops its own software
products and services. Innofactor's own product development is focused on
Microsoft's Azure based cloud solutions. Innofactor's customers include about
1,000 private and public sector organizations in Finland, Denmark, Sweden and
elsewhere in Europe. The company has about 400 motivated and skilled employees
in a number of locations in Finland, Denmark, and Sweden. From 2010 to 2014,
Innofactor's annual net sales growth has been 45 percent on average. Innofactor
was recognized as a winner for 2015 Microsoft Finland Partner of the Year and
finalist for two global Public Sector categories. The Innofactor Plc is listed
in the technology section of the main list of NASDAQ OMX Helsinki.