ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE March 1,2002 at 2.45
p.m. 1(2)ASPOCOMP AND PERLOS TO START A RESEARCH AND
DEVELOPMENT COMPANYAspocomp Group Oyj and Perlos Corporation have today
agreed on founding a joint research and development
company. The new company has been named Asperation Oy
and its ownership will be shared equally between
Aspocomp Group Oyj and Perlos Corporation. Mr. Jukka
Ranta, D.Sc.(Electrical Engineering and Computer
Sciences), has been appointed managing director of
Asperation Oy as from 1 March 2002. Dr. Ranta has
previously worked in Aspocomp Group Oyj as Senior Vice
President, Business Development & Research.Asperation Oy will focus on research and development
of integrated components for the telecommunications
and electronics industry. The objective is to produce
new innovations that both companies can use in their
own operations. Moreover, the cooperation aims to cut
down the time to market of development process and
innovations. Already during its first year of
operations, Asperation Oy is expected to produce
commercially significant and value-adding solutions
for the customers.Asperation Oy means a new industrial approach in which
combining various technologies and cooperation between
companies brings new kinds of solutions for the
increasing requirements of the electronics industry.
With the help of Asperation, the owner companies are
seeking to strengthen their position in the supply
chain and to improve their ability to meet the
challenges of a changing industry.The new company will operate in the high tech
community of the Helsinki area, and it will work in
close cooperation with universities as well as
research institutes both in Finland and abroad.Both Aspocomp and Perlos will continue their own
research and development activities. Aspocomp R&D will
continue to focus on finding new ways to make use of
new PWB (Printed Wiring Boards) technologies and
materials in production as well as technical customer
service. The main focus of Perlos’ research and
development will be the further development of
material, production and radio frequency technologies.ASPOCOMP GROUP Oyj
Jarmo Niemi
President and CEOPERLOS CORPORATION
Timo Leinilä
President
2(2)
ADDITIONAL INFORMATION:ASPOCOMP GROUP Oyj
Jarmo Niemi
President and CEO
Tel. +358 9 7597 0711
PERLOS CORPORATION
Timo Leinilä
President
Tel. +358 9 2500 7201ASPOCOMP IN BRIEF
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.PERLOS IN BRIEF
Perlos focuses on the mass production of small and technically
challenging components and partial assemblies that must meet
stringent accuracy, quality and finishing requirements. The
company is one of the world’s leading manufacturers of
precision plastic and metal components, electromechanical
connectors injection moulds, antennas and assembly automation.Perlos´ subsidiaries Moteco and gigaAnt design and manufacture
antennas for mobile phones as well as short-range antennas
which are used in Bluetooth and WLAN equipment and similar
applications.Perlos offers its customers product development support, mould
design and manufacturing services, automated assembly lines
for use in production, and value-adding post-moulding
services, such as painting, printing, protection, surface-
treatment, automated assembly and handling and procurement
operations.Perlos Group´s net sales in 2001 amounted to EUR 431.6 million
and the number of personnel at the end of 2001 was 3 334. The
Group operates in Finland, Sweden, the UK, the United States,
Hungary, China, Malaysia and Singapore.Distribution:
Helsinki Exchanges
Main media
www.aspocomp.com
www.perlos.com