The restructuring process is proceeding according to the plan

Tecnotree Corporation
Stock Exchange Release
3 November 2016 at 9.30 a.m. EET

The Administrator of the restructuring proceedings of Tecnotree Corporation, Attorney-at-Law Jari Salminen, has filed a report on the voting procedure into the District Court of Espoo. As a result of the voting procedure the administrator proposes the Restructuring Programme to be confirmed according to the provisions of the Restructuring of Enterprises Act.

The Extraordinary General Meeting of Tecnotree Corporation shall process the Restructuring Programme on November 9, 2016.

The District Court of Espoo shall give its decision in the matter on November 15, 2016.


TECNOTREE CORPORATION

FURTHER INFORMATION
Padma Ravichander, CEO
tel. +358 400 156 371

DISTRIBUTION
NASDAQ Helsinki
Main Media
www.tecnotree.co

About Tecnotree
Tecnotree is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps communications service providers to transform their business towards a marketplace of digital services. Tecnotree empowers service providers to monetise service bundles, provide personalised user experiences and augment value throughout the customer lifecycle. With around 900 telecom experts, Tecnotree serves around 90 service providers in around 70 countries. Tecnotree is listed on the main list of NASDAQ Helsinki with the trading code TEM1V. For more information on Tecnotree, please visit www.tecnotree.com.