Stock Exchange & Press Releases 2009

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Elektrobit Group Oyj - EB, ELEKTROBIT CORPORATION, HAS APPOINTED JUKKA HARJU AS NEW CEO

June 04, 2009

EB, ELEKTROBIT CORPORATION, HAS APPOINTED JUKKA HARJU AS NEW CEO


STOCK EXCHANGE RELEASE             
Available for publication on June 4, 2009 at 9.00 am (CEST +1)
 
EB, ELEKTROBIT CORPORATION, HAS APPOINTED JUKKA HARJU AS NEW CEO
 
EB, Elektrobit Corporation, has appointed M.Sc (Eng.), M.Sc (Econ.) Jukka Harju as CEO as of June 4, 2009. Along with the appointment Harju resigns from the membership of the EB's Board of Directors and from the chairmanship of the Board's committee for Automotive Segment. Jorma Halonen, member of EB's Board of Directors, has been elected as the new chairman of the Automotive committee.  In addition to Halonen, Seppo Laine, Staffan Simberg, Erkki Veikkolainen will continue to serve as EB Board members and Juha Hulkko will continue as the Chairman of the Board.
 
Jukka Harju has been member of EB board since 2006. Harju has been working as a partner in Boier Capital Oy and before that he was Chief Operating Officer 2005-2006 and Executive Vice President, Business Development 2000-2004 in Elektrobit Corporation. During 1994-1999 he was Managing Director in Tellabs Ltd and before that Harju was Vice President in Nokia Telecommunications Ltd and served also other duties in Nokia.  
 
CEO Pertti Korhonen has resigned from EB as of June 3, 2009 and will move on to serve Outotec Oyj as President and CEO.
 
Further information:
 
Jukka Harju
CEO
Tel. +358 40 344 5466
 
Outi Torniainen
Director, Communications and marketing
Tel, +358 40 512 1375
 
Distribution:
NASDAQ OMX Helsinki Ltd
Main media
 
EB, Elektrobit Corporation
EB develops advanced technology and transforms it into enriching end user experiences. EB specializes in demanding embedded software and hardware solutions for the automotive industry and wireless technologies. The company's net sales for the year 2008 totaled EUR 172.3 million. Elektrobit Corporation is listed on NASDAQ OMX Helsinki Ltd. www.elektrobit.com