DONE INFORMATION TO SELL SOFTWARE UNIT A
Done Solutions Corporation Stock Exchange Release, April 28, 2004, at 6:00 p.m.
DONE INFORMATION TO SELL SOFTWARE UNIT AS PART OF STRATEGY TO FOCUS ON MULTILINGUAL DOCUMENTATION Today on April 28, Done Information Oy, a Done Solutions Corporation subsidiary, signed an agreement with SysOpen Plc for selling its Software Solutions business to SysOpen, encompassing customer-solutions and product businesses based in Jyväskylä and Helsinki. Done Informations 26 employees will join SysOpens payroll under their current employment terms. In 2003, Software Solutions reported net sales of around EUR 1.7 million, and net sales for 2004 are expected to total about EUR 1.3 million. Based on a cash transaction, the total price of the deal is EUR 0.79 million payable at signing of the agreement. This divestment is part of Done Informations strategic decision to focus on multilingual documentation, the companys core business. "As a result of the deal, Done Information will be better positioned to cater for its customers in the field of multilingual documentation", says Kari Åkman, Done Informations CEO. Done Solutions Corporation Kari Åkman President and CEO For further information, please contact: Kari Åkman, President and CEO, tel. +358 (0)205 253427, gsm +358 (0)40 586 5927, kari.akman@donesolutions.com http://www.donesolutions.com Distribution: Helsinki Exchanges Major media With its shares having been quoted on the Helsinki Exchanges NM list since 2001, Done Solutions is organized into three business areas: Done Logistics provides comprehensive logistics systems, based on automated materials handling and supporting information systems. Providor Logistics provides distribution and warehousing services. Done Information provides multilingual documentation services. Done Solutions Corporation operates in selected industries in the Nordic countries, Central Europe and the United States.