DONE INFORMATION TO PARTNER WITH PIC ENG
Done Solutions Corporation
Stock Exchange Release November 26, 2003 at 3.00 p.m.
DONE INFORMATION TO PARTNER WITH PIC ENGINEERING
Done Solutions Corporation has entered into a partnership with PIC
Engineering Corporation. The purpose is to create a service where Done
Information Oy will concentrate on multilingual documentation and
documentation management software solutions while PIC Engineering
Corporation will focus on product development and design services. As
part of the agreement Done Information Oy will sell its Engineering
business, excluding naval architecture and drawing services, on
December 1, 2003, whose staff will join PIC Engineering Corporations
payroll. The parties have agreed not to disclose the price.
This partnership will streamline Done Informations business, providing
the company improved opportunities to focus on its documentation
business. Deal will not have material effect on Done Solutions
Corporations profit or cash flow.
Done Solutions Corporation
Kari Åkman
President and CEO
For further information, please contact:
Kari Åkman, President and CEO, tel. + 358 (0)205 253427, gsm 040 586
5927, kari.akman@donesolutions.com
http://www.donesolutions.com
Distribution:
Helsinki Exchanges
Major media
Done Solutions shares have been quoted on the Helsinki Exchanges NM
list since 2001, and the company is organized into two business areas:
Done Logistics provides comprehensive logistics systems, based on the
automation of materials handling, the supporting information systems
and outsourcing services. Done Information provides information
solutions, from design and documentation to after-sales marketing. Done
Solutions operates in selected industries in the Nordic countries,
Central Europe and the United States, and its customers typically
represent leading international companies in their industries.