Incap continues negotiations concerning outsourcing of its Helsinki plant’s sheet-metal business to Lankapaja

Incap Corporation         Stock Exchange Release        
3 January 2011 at 11:30 a.m.


INCAP CONTINUES NEGOTIATIONS CONCERNING OUTSOURCING OF ITS HELSINKI PLANT’S SHEET-METAL BUSINESS TO LANKAPAJA


Incap Corporation and Lankapaja Corporation continue negotiations regarding the sale of the sheet-metal business of Incap’s Helsinki plant to Lankapaja. After the definition of contract details the target is to sign the actual agreement in February so that the sheet-metal production at the plant could be transferred to Lankapaja on 1 March 2011.


Incap published a release on the launch and background of negotiations on 17 September 2010.


INCAP CORPORATION



Sami Mykkänen
President and CEO


For additional information, please contact:
Sami Mykkänen, President and CEO, tel. +358 40 559 9047
Eeva Vaajoensuu, Chief Financial Officer, tel. +358 40 763 6570
Hannele Pöllä, Director of Communications and Human Resources, tel. 040 504 8296


DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.incap.fi


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 maintenance 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 2009 amounted to EUR 70 million and the company currently employs approximately 800 people. Incap’s share is listed on the NASDAQ OMX Helsinki. Additional information: www.incap.fi.