ETTEPLAN COMPLEMENTS ITS MANAGEMENT GROUP

ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, APRIL 4, 2016, AT 1.30 P.M.


ETTEPLAN COMPLEMENTS ITS MANAGEMENT GROUP 

Etteplan Oyj extended its service concept into embedded systems and industrial internet solutions with the acquisitions of Espotel Oy and Soikea Solutions Oy, published on March 15th, 2016. To support Etteplan’s expansion to the fast growing market of industrial internet applications, Company complements its Management Group. The new organization will take effect on April 4th, 2016. 

M.Sc. (Telecommunications), B.Sc. (Engineering) Kari Liuska has been nominated as Senior Vice President, Embedded Systems and Industrial Internet. Liuska transferred to Etteplan from the position of CEO at Espotel Oy. Liuska will be responsible of the business of Espotel Oy and Soikea Solutions Oy which transferred to Etteplan’s ownership on April 4th, 2016.

“Kari Liuska brings his long international experience in leading and developing expert business to Etteplan. His competence in embedded systems and industrial internet solutions will support the execution of our business strategy excellently. I warmly welcome Kari Liuska and the entire Espotel personnel to the Group”, says Juha Näkki, President and CEO of Etteplan.

As of April 4, 2016 Etteplan’s Management Group will consist of the following persons in addition to President and CEO Juha Näkki: 
Per-Anders Gådin, Senior Vice President, Finance
Petri Ikonen, Senior Vice President, Technical Documentation Services
Veikko Lamminen, Senior Vice President, Operations Finland
Outi-Maria Liedes, Senior Vice President, HR & Operational Development

Kari Liuska, Senior Vice President, Embedded Systems and Industrial Internet
Riku Riikonen, Senior Vice President, Engineering Services
Mikael Vatn, Senior Vice President, Operations Sweden

All members of the Management Group report to the President and CEO.

Vantaa, April 4, 2016

Etteplan Oyj

Board of Directors

Additional information:
Juha Näkki, President and CEO, tel. +358 400 606 372

DISTRIBUTION:
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www.etteplan.com

Etteplan’s services cover engineering, technical documentation, embedded systems and IoT solutions. Our customers are the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products.

In 2015, Etteplan had turnover of EUR 141.1 million. The company has about 2,400 professionals in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETT1V ticker.

About Us

Etteplan’s services cover engineering, technical documentation, embedded systems and IoT solutions. Our customers are the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products. In 2017, Etteplan had turnover of approximately EUR 215 million. The company has over 3,000 professionals in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker.

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