SYSOPEN TO BEGIN JOINT DISCUSSIONS

Sysopen Plc                             
STOCK EXCHANGE RELEASE
19 May 2003 at 5:15 p.m.

SYSOPEN TO BEGIN JOINT DISCUSSIONS


SysOpen begins Group-wide joint discussions for
productional and financial reasons. Measures taken may
include layoffs of a maximum of 9 persons and temporary
dismissals for a maximum of 90 days. With these measures,
SysOpen aims to remain profitable and competitive and
save a minimum of EUR 0.6 million in 2003.

These measures are a result of the poor market situation
on the IT field caused by the general economic situation.
The Group’s cost structure as a whole will be modified to
suit the current situation.

Any possible layoffs and temporary dismissals will be
targeted at management and personnel not currently
performing billable work.

SysOpen is preparing the merging of the Varkaus and
Kuopio units, which would boost the company’s operating
conditions in the region.

The measures taken now will not degrade SysOpen’s
customer service. Any possible temporary dismissals are
intended to occur mainly in June–October, which would
allow the savings resulting from them and any possible
layoffs to show up on the third quarter.



Helsinki 19 May 2003



SYSOPEN PLC
Board of Directors

FOR FURTHER INFORMATION, PLEASE CONTACT

Arto Sahla, Managing Director,
Tel. +358 424 2020 339, GSM +358 400 442 986,
email: arto.sahla@sysopen.fi


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