DONE SOLUTIONS TO INCREASE ITS HOLDING TO 100 PERCENT IN TIOLAT OY
Done Solutions Corporation Stock Exchange Release August 22, 2006, at 1:10 p.m.
DONE SOLUTIONS TO INCREASE ITS HOLDING TO 100 PERCENT IN TIOLAT OY Today, Done Solutions Corporation purchased Eyemaker's Finland Oy's (19.51 percent holding in Tiolat Oy), Jukka Lunden's (19.51 percent) and Lauri Soratie's (3.83 percent) holdings in Tiolat Oy. The transaction with Eyemaker's Finland Oy was based on a share swap according to which Done Solutions Corporation offered 6 million new shares for subscription for EUR 0.30 per share. The transactions with Jukka Lunden and Lauri Soratie were based on cash. The purchase price of Jukka Lunden's shares was EUR 1.80 million and Lauri Soratie's shares EUR 0.35 million. Waiving the shareholders' pre-emption rights, this private placement of 6.0 million shares was based on the share-issue authorization given by the Annual General Meeting of March 31, 2006. The unexercised share-issue authorization of the Board of Directors is 5,988,496 shares after the transaction. Done Solutions Corporation increased its holding in Tiolat Oy from 57.1 percent to 100.0 percent as a result of these transactions. As a result of the private placement, Done Solutions Corporation's share capital will increase by EUR 480,000.00 from EUR 4,834,918.72 to EUR 5,314,918.72, and the number of shares by 6,000,000 from 60,436,484 shares to 66,436,484 shares. Tiolat Oy is a healthcare company which designs, sells and manufactures patented iCare-tonometers for healthcare professionals mainly to abroad. 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 Stock Exchange Major media With its shares having been quoted on the Helsinki Stock Exchange's NM List since 2001, Done Solutions is organized into three business areas: Services (Done Information) provides multilingual documentation services; Systems (Done Logistics) provides comprehensive logistics systems, based on automated materials- handling and supporting information systems; and Health Care (Tiolat) provides iCare-tonometers for eye specialists and opticians. The Group's largest customers are based in the Nordic countries, Central Europe and the United States.