INCAP CHOSEN AS THE BEST EMPLOYER OF THE YEAR 2009 IN KURESSAARE

Incap Corporation     Press release 18 January 2010 at 1.00 p.m.


INCAP CHOSEN AS THE BEST EMPLOYER OF THE YEAR 2009 IN KURESSAARE


Incap Group’s subsidiary Incap Electronics Estonia OÜ has been nominated for the first ever title of the Best Employer of the Year 2009 in Kuressaare by the Kuressaare Town Government.


The award was granted based among others by the fact that Incap has been a stable employer throughout the years, also during bad times. Incap’s factory is one of the biggest employers in Kuressaare and today, the personnel number amounts to 185.


“This award is a recognition of our persistent work in Kuressaare. We have been willing to invest in our production in Estonia, since Kuressaare factory serves well our operations. High quality and convenient location of the factory ensure the best possible service and cost-effective deliveries to our customers. In the future, we will expand our technical competence further and continue to enhance our high quality standards”, tells Mikko Hirvinen, Incap Group’s Chief Operations Officer.


This year Kuressaare unit is also celebrating its 10-year-anniversary of operations. Incap established the subsidiary in Kuressaare in 13 March 2000, when the business of a local contract manufacturer of electronis with 50 skilled workers were transferred to Incap. The new factory building was inaugurated in 2006.


The factory‘s current size and modern equipment serve well Incap’s present manufacturing needs in electronics and box-build products. Kuressaare factory is an essential part of Incap’s operations and has operated successfully since its establishment. The personnel number has developed as planned and deliveries from the factory have constantly increased.


Further information:

Sami Mykkänen, President and CEO, Incap Group, tel. +358 40 559 9047

Mikko Hirvinen, Chief Operations Officer, tel. +372 555 15 295

Hannele Pöllä, Director, Communications and HR, tel. +358 40 504 8296



INCAP IN BRIEF

Incap Corporation is an internationally operating contract manufacturer whose comprehensive services cover the entire life-cycle of electromechanical products from design and manufacture to after-sales services. Incap’s customers include leading equipment suppliers in energy efficiency and well-being technologies, for which the company produces competitiveness as a strategic partner. Incap has operations in Finland, Estonia and India. The Group’s revenue in 2008 amounted to EUR 94 million and the company currently employs approximately 770 people. Incap’s share is listed on the NASDAQ OMX Helsinki. Additional information: www.incap.fi.