Tecnomen Corporation INVESTOR NEWS
22 Oct 2008 at 15.00 pm
TECNOMEN CORPORATION'S DISCLOSURE POLICY
The Tecnomen Corporation Board of Directors has confirmed this disclosure
Tecnomen Corporation is listed on the main list of NASDAQ OMX Helsinki Ltd. In
its disclosure policy the company complies with Finnish and European Union
legislation and with the instructions and regulations of the stock exchange and
the Finnish Financial Supervision Authority.
The central principles Tecnomen follows in its communication are openness,
integrity, consistency, and clarity. It is the company's objective to give all
stakeholder groups correct and up-to-date information about the company's
operations, in a balanced and timely manner.
The Information Disclosed
Stock exchange releases report on matters and events that are significant in
relation to the company's size and scope of operations and that are deemed to
have an essential influence on the stock price.
Tecnomen reports such orders it has received from its customers as are worth at
least EUR 1.7 million, if the customer authorises this. Tecnomen may report on
two or more normal orders in the same release, if these deals are deemed
important with regard to the development of the company. In such cases there may
be a delay between the orders and the publication.
The company reports corporate acquisitions when a letter of intent has been
signed, if an agreement is regarded as probable. In other cases, the company
will not publish a release until the final agreement has been signed.
The company releases information about appointments if they relate to changes in
the Management Board of the Group or to the Board of Directors. A stock exchange
release is published about significant changes in the structure or organisation
of the Group.
The company issues a profit warning if, in its estimation, the trend in its
financial position, the earnings forecast, or its prospects have changed
fundamentally from those published previously. The company always publishes a
stock exchange release if it issues a profit warning.
Comments on Market Information
Tecnomen does not comment on unfinished business, market rumours, stock price
trends, the actions of its competitors or customers, or analysts' forecasts,
unless doing so is necessary for correction of essential information. However,
if a piece of information that has fundamental impact on Tecnomen's stock price
has leaked (i.e., become known prematurely), the company issues a stock exchange
release addressing the matter.
Responsibilities and Commentators
Statements about the operations, development, and published releases of Tecnomen
are issued by the President and CEO, unless otherwise stated in such a release.
As far as financial information is concerned, the Chief Financial Officer also
handles investor relations.
The Chairman of the Board of Directors or the President and CEO, or the
person(s) appointed by them, are responsible for crisis communication.
Language and Channels
All essential information about Tecnomen is published simultaneously in Finnish
and English through the stock exchange; with major media; and on the company's
Web site, which also contains an archive of previous releases. Other means of
communication used are meetings and press conferences.
In its financial reports, Tecnomen observes a three-week quiet period before its
result is published. During that time, Tecnomen does not discuss its financial
position or the development of its business operations with representatives of
the capital markets or the media. The dates on which Tecnomen publishes its
result are available in the Financial Calendar section of the company's Web
President and CEO
Jarmo Niemi, President and CEO, tel. +358 (0)9 8047 8799.
NASDAQ OMX Helsinki Ltd.
Tecnomen, founded in 1978, is one of the leading suppliers of messaging and
charging solutions for telecom operators worldwide. Tecnomen markets and sells
its products and services through its own organisation, as well as through
global and local partners, and has supplied its products to more than 100
customers around the world. Headquartered in Espoo, Finland, Tecnomen has 360
employees working in 15 locations worldwide. Tecnomen is listed on the main list
of NASDAQ OMX Helsinki Ltd. For more information on Tecnomen visit
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.