Tecnotree Corporation
Stock Exchange Release, March 23, 2011 at 3.30 pm
The company is currently executing a realigned strategy with an expanded offering. We are transforming to become a broad telecom IT solutions provider with encouraging progress. The product businesses (mainly voice messaging and prepaid systems) are maturing, while we expect new growth based on our new product and solutions portfolio, as announced on 14th February 2011.
The full year revenue and adjusted operating result is estimated to be at the level of 2010. The first quarter revenue and adjusted operating result will be below Q1 2010. Quarterly variations are considerable.
Adjusted operating result is operating result before R & D capitalization, amortization of this and one-time costs.
TECNOTREE CORPORATION
Board of Directors
FURTHER INFORMATION
Kaj Hagros, President and CEO, tel. +358 40 849 1749
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 800 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
Tecnotree Corporation, Finnoonniitynkuja 7, FIN-02271 Espoo, Finland, Tel +358 9 804 781 | Privacy Statement | Personal Profile
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