INCAP DEEPENS ITS COOPERATION WITH ONNINEN TELETEKNO

Press release         29 March 2007 at 2.30 p.m.
 
 
Incap has signed a new agreement with Onninen Teletekno regarding deliveries of sheet-metal parts and mechanical assemblies for telecommunications and professional electronics. The contract covers manufacturing of different kinds of parts and entities, among others cross-connect racks, at Incap’s factory in Helsinki.
 
Onninen Teletekno is a subsidiary of Onninen Oy and it employs 120 persons. Onninen Teletekno was created when Onninen Oy and Teletekno Oy merged in the beginning of 2007. Onninen Oy is one of the leading companies offering material services in the Baltic and Scandinavian markets. Onninen Teletekno provides complete solutions and services in telecommunications to corporate customers. Company’s products include telecommunications networks, measuring and testing devices as well as cabling systems for properties.
 
Teletekno Oy has been Incap’s customer for some years already, and the agreement signed by the companies will reinforce their cooperation and enables expansion of the partnership in future.  
 
“We are seeking growth by acquiring new customers but also by strengthening our role as partner of our existing customers. We are very pleased to be able to deepen our cooperation with Onninen Teletekno, which is a provider of demanding total solutions for telecommunications sector. During the past few years we have invested strongly in increasing capacity of Helsinki factory and purchased modern machinery there in order to serve our customers even better and more flexibly”, tells Petri Saari, Vice President Sales and Marketing at Incap.
 
“The merger with Onninen has increased our sales channels and we now have even better possibilities to increase our business. With the support of our skilful partners such as Incap we are able to focus in servicing our own customers by offering complete solutions”, says Rolf Salenius, Sales Director of Onninen Teletekno.
 
 
INCAP CORPORATION
 
Further information:
Petri Saari, Vice President, Sales and Marketing, tel. +358 40 777 5769 
Hannele Pöllä, Director, Communications and IR, tel. +358 40 504 8296
 
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Helsinki Stock Exchange
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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