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SYSOPEN TO SELL MAJORITY SHAREHOLDING IN

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Sysopen Plc           STOCK EXCHANGE RELEASE      
          10 January 2003 13 p.m.


SYSOPEN TO SELL MAJORITY SHAREHOLDING IN SUBSIDIARY
SPECIALISING IN ACCESSIBILITY SOLUTIONS FOR PABX

SysOpen Plc has signed an agreement to sell its majority
shareholding of around 85 per cent in its subsidiary,
CallCom Oy, specialising in accessibility-service and
information systems integrated into PABXs, to five of the
subsidiary’s managers and employees. As a result of the
divestment, SysOpen Plc will still hold 10 per cent of
CallCom Oy but has agreed, as provided by the terms and
conditions in the agreement, to sell the remaining
holdings to the buyers by the end of 2004.

CallCom Oy’s net sales accounted for approximately 2 per
cent of SysOpen’s consolidated net sales for 2002. The
parties have agreed not to disclose the price of the
transaction. The deal will have a positive impact on
SysOpen’s consolidated operating profit before goodwill
amortisation (EBITA).

All of the five CallCom employees concerned will remain
on the subsidiary’s payroll. Three private shareholders
with their current combined holding of 15 per cent in
CallCom will also remain the company’s shareholders. The
parties have also agreed that SysOpen will provide
marketing and sales support to Callcom.

This deal supports SysOpen’s strategy of becoming a
strong integrator and technology expert in selected
customer industries and sectors. The company is aiming at
above-industry-average profitability and growth in 2003.

SysOpen Plc

Arto Sahla
Managing Director

For further information, please contact:

Arto Sahla, Managing Director, tel. +358 400 442986
e-mail: arto.sahla@sysopen.fi

Kirsi Lindroth, Director of Corporate Communications,
tel. +358 40 5216332
e-mail: kirsi.lindroth@sysopen.fi

www.sysopen.fi

Distribution:
Helsinki Exchanges
Major media


SysOpen Plc’s shares are quoted on the Main List of the
Helsinki Exchanges under the telecommunication and
electronics business sector. SysOpen is one of the
leading integrators of eBusiness solutions (Integrated
eSolutions) in Finland. The company has offices in
Helsinki, Tampere, Kuopio, Varkaus, Jyväskylä, London and
Warwick (near Birmingham). Consolidated turnover for
January–September 2002 totalled EUR 21.3 million and
operating profit before goodwill amortisation for the
same period accounted for 10 per cent of turnover. The
number of Group employees will decrease to some 310 as a
result of the deal.

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