Tecnomen Corporation STOCK EXCHANGE ANNOUNCEMENT
3 December 2003 at 13.00 p.m.
MERGER OF KROCUS COMMUNICATIONS WITH TECNOMEN
Tecnomen Corporation has acquired on 23 of April 2003 the entire share
stock of Krocus Communications Oy, which develops messaging system
The Board of Directors of the companies signed on 24 of June 2003 the
merger plan. According to the plan, Krocus Communications Oy, with its
assets and liabilities, will be merged with its parent company
Tecnomen Corporation without merger consideration.
According to the plan the merger has been entered into the trade
register on 30 November 2003.
Director, Legal Affairs & Human Resources
Tel. +358 (0)9 8047 8310
Tecnomen develops value-added service systems for teleoperators and
service providers. The company is one of the world's leading suppliers
of messaging systems. Tecnomen has a strong market position in prepaid
systems and intelligent network components, and is the market leader
in paging systems. Tecnomen markets its products and services through
its own worldwide organisation, as well as through global and local
partners. The company operates in 10 locations worldwide and has
supplied its products to customers in over 40 countries. Tecnomen has
around 440 employees and its shares are quoted on the Helsinki
Exchanges. This year Tecnomen celebrates its 25th anniversary. For
more information on Tecnomen visit www.tecnomen.com.
Tecnotree is a global provider of IT solutions for the management of services, products, customers and revenue for Communications Service Providers. Tecnotree helps customers to monetise and transform their business towards a marketplace of digital services. Together with its customers, Tecnotree empowers people to self-serve, engage and take control of their own digital life.
Tecnotree is listed on Nasdaq Helsinki (TEM1V). For more information, please visit www.tecnotree.com.