Innofactor cancels treasury shares

27.12.2013 00:00

Innofactor Plc Stock Exchange Release December 27, 2013, at 12:50 Finnish time

Innofactor has decided to cancel 3,539,189 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 notified to be cancelled without delay in the Trade Register. Following the cancellation the number of shares in the Company will be 32,051,362.

Espoo, December 27, 2013

INNOFACTOR PLC

Board of Directors

Additional 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 its own product development is Microsoft Azure based cloud solutions. Innofactor's customers include over 1,000 companies and government organizations in Finland, Denmark, Sweden and elsewhere in Europe. In its operation, Innofactor strives for long-term customer relationships. Innofactor has over 400 motivated and skilled employees in several locations in Finland, Denmark, Sweden and Russia. The five year growth of Innofactor's net sales in 2008 to 2012 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.