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TECNOMEN REFOCUSES ITS RESOURCES AND LOOKS FOR COST SAVINGS

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Tecnomen Corporation                    STOCK EXCHANGE RELEASE
                                        5 September 2006 at 10.30 am


TECNOMEN REFOCUSES ITS RESOURCES AND LOOKS FOR COST SAVINGS

Tecnomen's Board of Directors has decided on a new strategic policy that will
further reinforce the Charging business, the business units outside Europe and
Messaging channel sales, while looking to make major cost savings in the European
organization in both subcontracting and personnel costs.

In connection with this, Tecnomen is initiating a programme of remedial action
aiming at annual savings of EUR 4-5 million. These savings will have a full
impact as from the beginning of 2007, and the action taken will cause one-time
costs during the final part of this year that cannot be estimated yet. Employee
negotiations relating to this matter have started.


TECNOMEN CORPORATION

Jarmo Niemi
President and CEO


FURTHER INFORMATION
Jarmo Niemi, President and CEO, tel. +358 (0)9 8047 8799

DISTRIBUTION
Helsinki Exchanges
Main media

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