Innofactor cancels treasury shares

17.09.2013 00:00

Innofactor Plc Stock Exchange Release September 17, 2013, at 11:10 Finnish time

Innofactor has decided to cancel 569,000 shares held by the company. The cancellation of shares does not have an effect on the amount of share capital of the company. The cancellation of shares will be registered in the Trade Register before end of September 2013. Following the cancellation the number of shares in the Company will be 34,575,179.

INNOFACTOR PLC

Board of Directors

Further information:

Sami Ensio, CEO
Innofactor Plc
Tel: +358 50 584 2029

Distribution:

NASDAQ OMX Helsinki
Principal media
www.innofactor.com

Innofactor is one of the leading software providers focused on Microsoft solutions in the Nordic Countries. Innofactor delivers to its customers IT projects as a system integrator and develops its own software products and services. The focus area in Innofactor’s own product development is Microsoft Azure-based cloud solutions. Innofactor's customers include over 1,000 commercial and public sector organizations in Finland, Denmark and elsewhere in Europe. In its operation, Innofactor strives for long-term customer relationships. Innofactor has about 400 motivated and skilled employees in several locations in Finland, Denmark and Russia. The five year (2008 to 2012) growth of Innofactor's net sales has been about 35 percent annually. Innofactor is the fastest growing technology company in the Finnish stock exchange. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ OMX Helsinki Oy.