ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE Sep, 1 2005 at 3:10 PM 1(2)
ASPERATION OY’S FUNCTIONS DIVIDED BETWEEN ASPOCOMP AND PERLOS
In spring 2005, Aspocomp Group Oyj and Perlos Corporation agreed on dividing their
joint R&D company Asperation Oy during 2005. Asperation Oy has now been dissolved
as planned and its demerger and dissolution were entered in the Trade Register on
August 31, 2005.
Asperation’s operations have been divided between established companies Aspocomp
Technology Oy and Perlos Technology, such that Aspocomp Technology obtained printed
circuit board-related and Perlos Technology mechanics-related innovations in radio
frequency, optical and materials technology. All of Asperation’s employees have
transferred into the employ of Aspocomp Technology and Perlos Technology on
September 1, 2005.
Asperation was established in spring 2002 to engage in R&D on the integration of
components used in the products of the mobile phone and electronics industries. The
company’s objective has been to generate innovations that can be utilised by the
parent companies in their own operations. In April, the parent companies agreed
that the original objectives had been achieved and that they could most effectively
harness Asperation’s innovations for commercial purposes by themselves. Aspocomp
and Perlos resolved to dissolve Asperation Oy such that its fixed assets,
agreements, innovations and employees would be divided equally amongst the two
companies, with both companies gaining the innovations that are of they key
importance to their operations.
For further information:
CEO Maija-Liisa Friman, tel. +358 9 7597 0711
Vice President, Corporate Development Sami Holopainen, tel. + 358 9 7597 0719
ASPOCOMP GROUP OYJ
President and CEO
Aspocomp: Innovative interconnection solutions for the electronics industry
The Aspocomp Group offers and develops innovative interconnection solutions for
the electronics industry in close cooperation with its customers. We hold a
strong and recognised position as a supplier of mobile data terminal equipment
components and we aim to further strengthen our position as a supplier to the
automotive industry and data communications networks. We offer our global
customers a fast road to mass production through flexible and cost-effective
adaptation of new technologies, to which our balanced production structure in
Europe and Asia is well adapted.
We strive to offer solutions to our customers that enable increased flexibility
in their own product development. We believe that this will give a greater edge
for our customers as end product lifecycles continue to shorten.
The Aspocomp Group’s production facilities are located close to its customers in
Finland, China and Thailand. In 2004 Group net sales stood at around 200 million
euros with a staff of some 3,500.
The Helsinki Stock Exchange