DONE SOLUTIONS SELLS PROVIDOR LOGISTICS' BUSINESS
Done Solutions Corporation
Stock Exchange Release, September 30, 2005, at 10.00 am
DONE SOLUTIONS SELLS PROVIDOR LOGISTICS' BUSINESS
On September 30, 2005, Done Solutions Corporation's subsidiary, Providor
Logistics Oy, will sell its distribution and warehousing services business
including assets, rights and liabilities to Hahka Way Oy for EUR 1.7 million, one
third of which was paid upon signature today and two-thirds will be paid on
October 31, 2005. The resulting capital gains under "Profit for the period of
discontinuing businesses" total EUR 1.1 million. As a result, Providor Logistics
Oy's accounts will be treated under discontinuing businesses separately from
continuing businesses in future financial reports for 2005 and the 2004
comparatives, according to IFRS. Due to the sale of Providor business the company
will give more precise information on prospects towards the year-end in Q1-
Q3/2005 Interim Report on October 28, 2005.
Done Solutions Corporation
Pekka Pystynen
President and CEO
For further information, please contact:
Pekka Pystynen, President and CEO, tel. +358 (0)205 253427, gsm +358 (0)50 0508
962, pekka.pystynen@donesolutions.com
http://www.donesolutions.com
Distribution
Helsinki Exchanges
Major media
With its shares having been quoted on the Helsinki Stock Exchange's NM List since
2001, Done Solutions is organized into the two following business units: Done
Logistics provides comprehensive logistics systems, based on automated materials-
handling and supporting information systems; and Done Information provides
multilingual documentation services. The Group's largest customers are based in
the Nordic countries, Central Europe and the United States.