NEW PRESIDENT AND CEO FOR INCAP

Incap Corporation            Stock Exchange Release              2 June 2008 at 3.30 pm
 
Incap Corporation’s President and CEO Mr Juhani Hanninen assumes responsibility for the development of Incap’s marketing and sales. He will also advance further internationalisation of the Group’s operations in the boards of Incap’s foreign subsidiaries.
 
Incap Corporation’s Board of Directors and Mr Kalevi Laurila, Chairman of the Board, wishes to thank Juhani Hanninen for his 5-years period as President as well as for his strong contribution especially in the internationalisation of Incap and expansion of the Group’s operations to Asia according to the company’s strategy.
 
Mr Sami Mykkänen, B.Sc., has been appointed President and CEO for Incap Corporation on temporary basis as from 1 June to 31 December 2008. Sami Mykkänen has previously been responsible for the manufacturing services and strategic sourcing of Incap as Vice President and member of the Management Team. Before joining Incap in March 2007, he acted as manufacturing director at Powerwave Shanghai and before that among others as production and purchasing director at REMEC and ADC.
 
 
INCAP CORPORATION
Board of Directors 
 
For further information, contact:
Kalevi Laurila, tel. +358 400 880 770
Juhani Hanninen, tel. +358 50 556 7199
Sami Mykkänen, tel. +40 559 9047
 
 
DISTRIBUTION
OMX Nordic Exchange Helsinki
Principal media
 
 
INCAP IN BRIEF
Incap Corporation is an internationally operating electronics contract manufacturer whose comprehensive service covers the entire product life cycle from design and manufacture to repair and maintenance services. In addition to electronics, Incap also manufactures mechanical products and parts. The company specialises in technically demanding products and product entities that are manufactured in small and medium-sized production series. Incap’s main customers are leading equipment suppliers in telecommunication, energy, industrial electronics, security as well as in medical and well-being. Incap has operations in Finland, Estonia and India. The Group’s revenue in 2007 amounted to EUR 83 million and the company currently employs approx. 720 persons. Incap’s share is listed on the OMX Nordic Exchange Helsinki. For additional information, please visit www.incap.fi