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Suominen Ikamer issues layoff warning

Due to the general market situation, and on the basis of estimates by customers, a temporary decline is predicted in demand for products of Suominen Ikamer. Therefore, the Ikamer business unit will initiate employee negotiations concerning potential lay-offs that involve the entire personnel, approximately 60 people. The intention is to implement the lay-offs in short periods for 38 days during the rest of the year.
Suominen Ikamer has its operations in the town of Ikaalinen and manufactures flexible security and system packages.

Tampere, 25 June 2009

SUOMINEN CORPORATION

Petri Rolig President and CEO

For additional information please contact: Mr. Petri Rolig, President and CEO, tel. +358 (0)10 214 300 Mr Mikko Pellinen, Vice President and General Manager, tel. +358 (0)10 214 300

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