ASPOCOMP AND ELCOTEQ ESTABLISH TECHNOLOGY DEVELOPMENT COMPANY


ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE April 12, 2002 at 10
a.m.

ASPOCOMP AND ELCOTEQ ESTABLISH TECHNOLOGY DEVELOPMENT COMPANY

Aspocomp Group Oyj and Elcoteq Network Corporation have today
founded a joint venture that will focus on the development and
commercialisation of IMB (Integrated Module Board) technology.
The ownership of the new company, Imbera Electronics Oy, is
split evenly between Aspocomp and Elcoteq. This collaboration
will enable the owner-companies to strengthen their respective
market positions in the electronics industry supply chain and
meet the challenges created by structural change in the
sector.

Imbera Electronic’s objective is to develop an innovative
production process where active components are integrated
inside the printed wiring board (PWB) structure. This new
production process will allow for an entire product or some of
its functional parts to be integrated inside a PWB. The
process combines Aspocomp’s high-tech PWB expertise with
Elcoteq’s specialized electronics manufacturing and testing
know-how. The new technology is expected to be applied in
prototype production within a year. The use of IMB technology
in demanding consumer electronic applications is expected to
start up within three years.

Risto Tuominen, M.Sc. Engineering, Research Manager of
Aspocomp Group Oyj, has been appointed Managing Director of
the company, which operates out of Finland’s Espoo.

Aspocomp Group Oyj

Jarmo Niemi
President and CEO

For additional information contact:

Temmo Pitkänen
Director, Engineering Services, Elcoteq
Chairman
Imbera Electronics Oy
GSM +358 50 514 6168

Risto Tuominen
Managing Director
Imbera Electronics Oy
GSM +358 400 226 969

ASPOCOMP IN A NUTSHELL

Aspocomp Group is one of the leading high-tech printed wiring
board (PWB) manufacturers in the world. Besides PWBs, Aspocomp
manufactures hybrid circuits and mechanical assemblies for
mobile handsets, telecommunication infrastructure as well as
the automotive and other industries. Production facilities are
located in Finland, France, China and Thailand. In 2001, the
company´s net sales amounted to EUR 220 million. The number of
personnel at the end of 2001 was 3,178. Further information at
www.aspocomp.com.

ELCOTEQ IN A NUTSHELL

Elcoteq Network Corporation is the largest European
electronics manufacturing services company and one of the
global leaders in its field. Elcoteq provides engineering and
manufacturing services, supply chain management and after-
sales services to international high-tech companies. The
company has three business areas, which are terminal products,
communications network equipment and industrial electronics.
Elcoteq has manufacturing services plants in Finland, Estonia,
Russia, Hungary, Germany, Switzerland, Mexico and China, as
well as customer service centers in Sweden, Switzerland, the
USA, Japan and Hong Kong. Elcoteq’s consolidated net sales in
2001 totaled MEUR 1,862 and the company has approximately
8,000 employees. Elcoteq Network Corporation was listed on the
Helsinki Exchanges in 1997. More information about Elcoteq at
www.elcoteq.com.

DISTRIBUTION:
Helsinki Exchanges
Press and Media
www.aspocomp.com