PONSSE TO START CO-OPERATION WITH MAASEUDUN KONE
PONSSE OYJ PRESS RELEASE 12 AUGUST 2005 AT 2:00 P.M.
PONSSE TO START CO-OPERATION WITH MAASEUDUN KONE Ponsse Oyj and Maaseudun Kone Oy have signed a partnership agreement to further enhance their competitiveness. Arto Tiitinen, Ponsses President and CEO, explains that through this agreement the companies are committing themselves to long-term co-operation. "By entering into this partnership, we are seeking to ensure the manufacture of high quality, competitive cabin frames and components for PONSSE forest machines and the maintenance of the high domestic content of our products," he says. Maaseudun Kone is renowned as a highly specialised manufacturer of safety cabins for tractors. "I am confident that our partnership will prove very rewarding for both companies since our operating models are very similar. Both Ponsses forest machines and equipment and Maaseudun Kones cabins are individually tailored to each customer. Their high quality is based on close co-operation between partners in the fields of product design and production planning. Both companies are also well-known for the innovative design and ergonomics of their products," Tiitinen says. Maaseudun Kone has extensive experience in cabin manufacturing. The company began systematic development of cabins in 1963 when it started to manufacture safety frames. Co-operating with major machine manufacturers since 1964, it has since manufactured approximately 140,000 safety cabins in its cabin plant located in Ylihärmä, South Ostrobothnia. Maaseudun Kone Oy forms part of MSK Group. Vieremä, 12 August 2005 PONSSE OYJ Arto Tiitinen President and CEO FOR MORE INFORMATION, PLEASE CONTACT: Arto Tiitinen, President and CEO, Ponsse Oyj Tel. +358 (0)400 566 875 Erkki Rintala, Managing Director, Maaseudun Kone Oy Tel. +358 (0)6 4835 406 DISTRIBUTION Helsinki Exchanges Main media www.ponsse.com