COMPLETION OF THE LIFETREE ACQUISITION AND TECNOMEN'S DIVIDEND PAYMENT
Tecnomen Corporation STOCK EXCHANGE RELEASE
April 28, 2009, at 9.30 am
COMPLETION OF THE LIFETREE ACQUISITION AND TECNOMEN'S DIVIDEND PAYMENT
Tecnomen announced on December 15, 2008 to have made an agreement on acquiring a
shareholding of 96.6 % in the Indian company Lifetree Convergence Limited. This
agreement included matters to be decided in a shareholders' meeting. These were
approved in the Annual General Meeting on March 19, 2009. The authorities in
India have also handled the acquisition and informed about the acceptance in
their internet pages. According to information received by the Company, the
final written document is coming. The completion of the acquisition is expected
to happen shortly and, in any case, by the end of May.
The Annual General Meeting resolved on March 19, 2009, in accordance with the
proposal of the Board of Directors, that a dividend of 0.07 euro per share be
paid for the financial year ended on 31 December 2008. The Board of Directors
resolves on the dividend payment date. The decision on the payment date will be
made and announced immediately after the completion of the Lifetree acquisition.
TECNOMEN CORP.
Board of Directors
FURTHER INFORMATION
Jarmo Niemi, CEO of Tecnomen, at tel. +358 9 8047 8799
DISTRIBUTION
NASDAQ OMX Helsinki Oy
Major media
www.tecnomen.com
About Tecnomen
Tecnomen, founded in 1978, is one of the leading suppliers of messaging and
charging solutions for telecom operators worldwide. Tecnomen markets and sells
its products and services through its own organisation, as well as through
global and local partners, and has supplied its products to more than 100
customers around the world. Headquartered in Espoo, Finland, Tecnomen has 360
employees working in 14 locations worldwide. Tecnomen is listed on the main list
of NASDAQ OMX Helsinki Ltd. For more information on Tecnomen visit
www.tecnomen.com