ASPOCOMP’S CHIEF EXECUTIVE OFFICER TO CHANGE

09.11.2007

ASPOCOMP’S CHIEF EXECUTIVE OFFICER TO CHANGE

Aspocomp Group Oyj   Changes management  November 9, 2007 at 1:55 pm 
 
Related to Aspocomp’s business arrangements, Maija-Liisa Friman will resign from her position as the company’s CEO on November 9. It has been agreed with the company’s Board of Directors that she will be available in an advisory role.
 
Isto Hantila (49), M.Sc. (Eng.), has been appointed new CEO of Aspocomp Group Oyj with effect from November 9. Mr. Hantila is currently Chairman of the Board of Efore Plc and Selmic Oy. He has previously worked as CEO in Perlos Corporation from 2004 to 2006, in various management roles in a Swiss company Ascom Group from 1991 to 2003, his latest role being a member in the Executive Management Team, and before this in several management roles in Fiskars Power System from 1983 to 1991. Provided the agreements with Meadville Holdings Limited will be carried out, most of Aspocomp’s business will be transferred to the joint venture owned by Aspocomp and Meadville. Consequently, Mr. Hantila’s primary task will be to plan and complete the related structural changes in the Aspocomp Group.
 
For further information, please contact Johan Hammarén, member of the Board, tel. +358 40 7520 402.
 
ASPOCOMP GROUP OYJ
 
 
 
Johan Hammarén
Member of the Board of Directors
 
 
Aspocomp: Innovative interconnection solutions for the electronics industry
 
The Aspocomp Group develops and offers high technology interconnection solutions for the electronics industry in close cooperation with its customers. Aspocomp supplies printed circuit boards for mobile data terminal equipments, data communications networks and automotive industry. The company supports its global customers in developing new technologies and offers a fast route from product development to applications and volume production. The Group’s production facilities are located in Finland, China and Thailand. In 2006, its net sales stood at EUR 149 million and it had about 3,350 employees.
 
Distribution:
The Nordic Exchange
Major media
www.aspocomp.com