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Sasken announces name change of its Finnish subsidiary from Botnia Hightech Oy to Sasken Finland Oy

Change reflects alignment of identity and reinforces the company's focus on being global service provider for the communications industry

Kaustinen, April 2nd: Sasken Communication Technologies Limited, a leading player in communication software solutions, announced today that the name of its Finnish subsidiary would be changed from Botnia Hightech Oy to Sasken Finland Oy effective from April 2 nd 2007.

Sasken had completed the process of acquiring Botnia Hightech Oy, Finland on August 31 st, 2006 and since September 1 st 2006 the alignment has been progressing as per plan. Sasken Finland includes subsidiaries Botnia Hardware Oy and Ionific Oy, which are being merged with the parent.

Commenting on the alignment, Rajiv Mody, Chairman and CEO, states: “The alignment enables both parties to exploit synergies, helping extend offering portfolio and customer base. Synergies would also result from brand integration. With a unified company name and marketing messages, benefits and positive brand associations of separate business units can be grouped under one name.”

Hannu Timmerbacka , CEO, Sasken Finland, states, “For Sasken Finland, the alignment accelerates the access to international business and widens the customer base. Customers can benefit from Sasken’s service concept in content and scope combined with Botnia’s global availability of highly skilled competence centers.”

Sasken Finland, with a presence in Finland, Sweden, Denmark and Germany, supplies Hardware, Software, Mechanical Design and Testing Services to leading mobile handset vendors in Europe. The company also offers tailor-made turnkey solutions. Its services can be applied in R&D projects, subprojects, tester design, as well as in cost reduction. Sasken Finland complements Sasken communication software solutions and capabilities, which can be leveraged to serve customers worldwide. The international Sasken group creates work opportunities for its Finnish employees in Finland and abroad.

About Sasken
Sasken is an embedded communications solutions company that helps businesses across the communication value chain accelerate product development life cycles. Sasken offers a hybrid model of services and products, and works with Network OEMs, Semiconductor Vendors, Terminal Devices OEMs and Operators across the world. Global Fortune 500 and Tier 1 companies in these segments are part of Sasken's customer profile. Established in 1989, Sasken employs over 3,500 people at its offices in India, China, Finland, Germany, Japan, Mexico, Sweden, UK and the U.S. For further information please visit http://www.sasken.com

PR Contact:
Minttu Lampinen

Ph. +358 5857782
Minttu.lampinen@bothi.fi

 
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