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Tecnotree Receives a USD 5.4 Million Expansion Order in Latin America

Tecnotree Corporation
Stock Exchange Release
16 November, 2012 at 8.50 am (EST) 

Espoo, Finland – Telecom IT solutions provider Tecnotree today announced that it has received a USD 5.4 million contract with an operator group in Latin America.

The contract covers several countries in Latin America and provides subscriber and traffic expansions to Tecnotree real-time charging systems mainly due to increased data traffic. Deliveries have now started and are to be completed this year.

Oscar Fernandez, Vice President, Latin America of Tecnotree, comments: “Our client, a major operator group, is experiencing rapid increase in the usage of various kinds of consumer data services and it is our privilege to be able to help them meet the bullish demand.”

TECNOTREE CORPORATION

Further information
Kaj Hagros, President and CEO, tel. +358 40 849 1749
Georgina Heaume/Helen Gough at Liberty Communications, tel. +44 (0) 207 751 4444, tecnotree@libertycomms.com

Distribution
NASDAQ OMX Helsinki Ltd
Main Media
www.tecnotree.com

About Tecnotree
Tecnotree is a global provider of a broad range of telecom IT solutions focused on charging, billing, customer care, messaging and content services. Tecnotree empowers communication service providers to create and monetize a broad marketplace of digital services, and augment value across the customer lifecycle. Acknowledged for agility and commitment, Tecnotree has more than 1000 employees serving over 100 operators globally. Tecnotree is listed on the main list of NASDAQ OMX Helsinki Ltd. with the trading code TEM1V. For more information on Tecnotree visit www.tecnotree.com