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  6. Sweden Trainers' House sells its mobile technology unit to Nice

Sweden Trainers' House sells its mobile technology unit to Nice

March 06, 2008

Trainers' House divests its mobile technology to Nice-business Solutions Finland Oy. Nineteen people will transfer to Nice in connection with the sale. Nice is a joint venture of Fujitsu Services Oy and Nokia Oyj.

Trainers' House is a growth system company whose mission is to help its customers to grow. The divested mobile business was not at the core of the new Trainers' House strategy. This is why selling the mobile technology unit to a strong mobile technology enterprise will offer its customers better chances to succeed in their business goals and give staff more opportunities for career progression.

"After this divestment, the technological solutions provided by Trainers' House Group will be almost solely Microsoft-based, and we intend to strengthen our Microsoft expertise further in the future," says Tuomas Airisto, Strategy Director of Trainers' House.

"Purchasing the mobile technology unit expands our strategy in a natural way. For Nice this is a question of remarkable growth step and considerable investment in the starting phase of the software development lifecycle. Because of the transaction Nice strengthens its role as a designer and provider of mobile technology solutions, for now its services cover the whole range of mobile services and technology solutions: from the initiation phase planning and design work to mobile solutions usability and user interface planning and production. With mobile technology unit Nice's net sales will increase over to 50 million Euros a year. After transaction the number of our personnel is 565 including subcontractors," comments Jouko Seppä, Managing Director of Nice.

About Trainers' House

Trainers' House Plc is a Growth System Company. Satama is part of the Trainers' House Group. Our mission is to help our customers to grow. The group employs approximately 400 professionals. Offices in Finland are located in Helsinki, Tampere and Turku. It has international offices in Düsseldorf and Stockholm. The pro forma new revenue of the group in 2006 was 49.3 million euros (Satama 34.5 million euros, Trainers' House 15.0 million euros). Trainers' House Plc is a Growth System Company. Satama is part of the Trainers' House Group. Our mission is to help our customers to grow. The group employs approximately 400 professionals. Offices in Finland are located in Helsinki, Tampere and Turku. It has international offices in Düsseldorf and Stockholm. The pro forma new revenue of the group in 2006 was 49.3 million euros (Satama 34.5 million euros, Trainers' House 15.0 million euros). Trainers' House Plc's (TRH1V) shares are listed on the OMX Helsinki Stock Exchange. Plc's (TRH1V) shares are listed on the OMX Helsinki Stock Exchange. www.trainershouse.fi.

About Nice Business Solutions

Nice-business Solutions Finland Oy (Nice) is a software services company committed to providing effective solutions that support its customers' business. We operate across the whole life cycle of software - from planning, development and testing to maintenance and support. Owned by Fujitsu and Nokia, Nice has solid experience of working with a leading international company, operating with state-of-the-art global business applications.www.nice.fi

Kontakt

Tuomas Airisto
Phone Telefon:+358 (0)40 566 1331
Företag:Trainers' House Plc
Titel:Strategy Director

Kontakt

Jouko Seppä
Phone Telefon:+358 50 500 2115
Email E-post: jouko.seppa@nice.fi
Företag:Nice-business Solutions Finland Oy
Titel:Managing Director