TECNOTREE TO START PERSONNEL CONSULTATION IN IRELAND

Tecnomen Lifetree Corporation       STOCK EXCHANGE RELEASE                      
                                    6 October 2009 at 7.00 pm                   
TECNOTREE TO START PERSONNEL CONSULTATION IN IRELAND                            

Tecnotree announces that it is considering a proposed reduction in its workforce
in the Irish subsidiary Tecnotree Ltd based in Shannon, County Clare, due to    
reduction in demand and global economic conditions. Current estimates expect a  
personnel reduction in Ireland of up to 80 personnel.                           

The situation is therefore one of potential collective redundancies and the     
company, with a view to reaching an agreement, will begin a consultation process
over the coming days with the representatives of the employees for 30 days as   
required under The Protection of Employment Acts 1977 to 2007 and Redundancy    
Payments Acts 1967 to 2007.                                                     


TECNOMEN LIFETREE CORPORATION                                                   


FURTHER INFORMATION                                                             
Eero Mertano, Interim President and CEO, tel. +358 50 5354 970                  
Liam Keane, Deputy Managing Director, Tecnotree Ltd, tel. +353 61702200 


DISTRIBUTION                                                                    
NASDAQ OMX Helsinki Ltd                                                         
Main Media                                                                      
www.tecnotree.com                                                               


About Tecnotree                                                                 
Tecnotree, (Tecnomen Lifetree) founded in 1978, is one of the leading suppliers 
of  Business and Operations Support Systems (BSS/OSS) and Value Added Services  
(VAS) for telecom operators worldwide. Tecnotree 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 120 customers around the   
world. Headquartered in Espoo, Finland, Tecnotree has over 800 employees working
in 20 locations worldwide. The company is listed on the main list of NASDAQ OMX 
Helsinki Ltd with the trading code TEM1V. For more information on Tecnotree     
visit www.tecnotree.com

About Us

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.

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