GIWANO AND INCAP START CO-OPERATION

 
Giwano Computers Ltd. and Incap Corporation have signed a co-operative agreement concerning the manufacturing of safe computers. Incap has done the mechanical design of the product and will be responsible for its manufacturing, assembly and testing. Pre-series production was started at the end of 2002, and the first deliveries will be shipped from Incap’s Helsinki Unit in February 2003.
 
“The agreement with Giwano is fully accordant with out strategy. We aim to provide our customers turnkey assemblies by utilizing all of our competence areas. This agreement is important for us, and we appreciate Giwano’s choice of Incap as the manufacturer of their high-quality products. We believe that this contract will consolidate Incap’s position as a high-standard, flexible and customer-oriented partner in the design and manufacturing of electronic products,” says Seppo Ropponen, President and CEO for Incap Corporation.
 
“The safe computer we have developed has been recently introduced into the market, and it is important for us to react to the increasing demand both quickly and reliably. Our co-operation with Incap has started well, and we trust that Incap is able to respond to the needs of both our R&D operations and our customers,” says Teijo Fabritius, President for Giwano.
 
The unique structure of the safe computer developed by Giwano eliminates some of the risks related to the handling of confidential and statutorily classified data. The computer consists of two separate processing units, one for internal and the other for external data. All data crucial for corporate operations will be stored in the Safe Unit physically separate from the Internet. Giwano safe computer can also be used to integrate the data systems of networked companies and their customers.
 
 
GIWANO COMPUTERS LTD       INCAP CORPORATION
 
Teijo Fabritius            Seppo Ropponen
President                  President and CEO
 
 



Giwano Computers Ltd. began to work on safe computers in 1999. The company develops and markets data security solutions, safe computers and security software. Giwano aims to reach an internationally acknowledged position in the selected market segment. The company’s key markets are in Europe, North America and the Far East. In Finland, Giwano operates in Helsinki and Oulu. For further information of the company and its products, see www.giwano.com.

Incap Corporation provides to the leading suppliers of electronic and electric appliances flexible and first-rate services that integrate its diverse electronic and mechanical expertise. The services include design, manufacturing, final assembly, testing, material management and delivery of products to end customers. Apart from manufacturing services, the company has special expertise in RF technology, which is applied specifically to components for wireless communication networks.

Incap’s production units are located in Helsinki, Kempele, Ruukki, Vaasa and Vuokatti as well as in Kuressaare, Estonia. The company’s pro forma net turnover in January-September 2002 was EUR 47.1 million, and it employs about 610 persons. Incap Corporation is listed on the Helsinki Exchanges I-list (HEX: INC). For further information of the company and its services, see www.incap.fi.