Tecnotree wins expansion orders worth USD 15.9 million

Tecnotree Corporation
Stock Exchange Release
30th June 2011 at 8.30 am

Tecnotree has received several expansion orders from a Latin American operator group. These expansions bring more capacity and functionality on previously deployed Tecnotree AgilityTM Prepaid Charging and Messaging installations across operations in Central and South America. The total value of orders is USD 15.9 million.

“At Tecnotree we take pride in providing a high level of service and competitive solutions generating concrete business value to our customers. Trusting significant expansion business with us is a powerful endorsement for our agility and commitment. While we are making tangible progress with our new convergent charging, billing and customer care solutions, it is heartening to witness the strong performance of our more established products and services”, says Kaj Hagros, President and CEO, Tecnotree Corporation.


TECNOTREE CORPORATION


Kaj Hagros
President and CEO


FURTHER INFORMATION
Kaj Hagros, President and CEO, tel. +358 40 849 1749


DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main Media
www.tecnotree.com


About Tecnotree
Tecnotree is a global provider of a broad range of telecom IT solutions focused on charging, billing, customer care, messaging and content services. Tecnotree empowers communication service providers to create and monetize a broad marketplace of digital services, and augment value across the customer lifecycle. Acknowledged for agility and commitment, Tecnotree has more than 900 employees serving over 120 operators globally. Tecnotree is listed on the main list of NASDAQ OMX Helsinki Ltd. with the trading code TEM1V. For more information on Tecnotree visit www.tecnotree.co