SAMI MYKKÄNEN FOR INCAP’S VICE PRESIDENT, MANUFACTURING SERVICES

Incap Corporation Press release 7th March 2007 at 2 p.m.


Sami Mykkänen, (B.Sc. for Automation), born 1973, has been appointed Vice President, Manufacturing Services as from 1 March 2007. Mykkänen’s main responsibilities include the operations of Helsinki, Kuressaari, Vuokatti and Vaasa factories as well as the whole group’s design services. He will be a member of the management team and he will report to the CEO.

Sami Mykkänen has been employed previously by Powerwave Shanghai, where he has worked as Manufacturing Director and been responsible of testing and process development as well as manufacturing. On top of the 1200 subordinates in China, he was responsible of 15 person NPI unit in Finland, which is a part of Powerwave’s US organisation.

Sami has held several positions in Powerwave since 1994 when the company operated under name Solitra Oy. After that the company also held the names ADC and REMEC.

“Sami Mykkänen will bring experience on international manufacturing services to Incap. We are happy to receive new insight into Incap’s manufacturing services to support our growth strategies”, says President and CEO of Incap, Juhani Hanninen.


INCAP CORPORATION

For additional information, please contact:
Juhani Hanninen, President and CEO, tel. +358 50 556 7199
Hannele Pöllä, Director, Communications and Investor Relations, tel. +358 40 504 8296


DISTRIBUTION
Helsinki Stock Exchange
Principal media


INCAP IN BRIEF
Incap Corporation is a fast-growing electronics contract manufacturer whose comprehensive service covers the entire product life cycle from design and manufacture to repair and maintenance services. The company’s main customer sectors are leading equipment suppliers in telecommunications, electrical power technology, the automation and process industries as well as measurement technology, safety electronics and health care. The Incap Group’s revenue in 2006 amounted to EUR 89 million and the company currently employs approx. 540 persons. Incap’s share is listed on the Helsinki Stock Exchange and it is a component of the Nordic Small Cap list within the information technology sector. For additional information, please visit www.incap.fi