Elcoteq SE Stock Exchange Release October 7, 2010 at 9.15 am (EET) Elcoteq SE announces the appointment of Augusta & Co plc and Pohjola Corporate Finance Ltd as financial advisors to the Company in relation to the previously announced capital raising. Working together, Augusta & Co plc and Pohjola Corporate Finance Ltd will explore Elcoteq's capital raising options. About Augusta & Co plc Augusta & Co plc is an independent European merchant bank founded in 2002, providing corporate finance and capital markets advice and services to European middle market companies. About Pohjola Corporate Finance Ltd Pohjola Corporate Finance Ltd, a part of Pohjola Bank's investment banking business, is a leading provider of corporate finance services in Finland. Pohjola Corporate Finance advises on mergers & acquisitions and capital market transactions and acts as a lead manager in equity offerings and private placements. ELCOTEQ SE Satu Jaatinen Director, Corporate Communications & IR Further information: Mikko Puolakka, CFO, tel. +358 10 41 311 About Elcoteq Elcoteq SE is the global Life Cycle Service Partner for high-tech product and service companies. Elcoteq has a proven track record in electronics manufacturing services and a global factory network close to its customers coupled with modern manufacturing equipment and consistent systems and processes. Elcoteq´s Electronics Manufacturing Services (EMS) Business Segment serves customers globally in Engineering, Manufacturing and Fulfillment services. EMS products include devices such as mobile phones and their accessories, set-top boxes, LED lamps and luminaires, flat panel TVs, infrastructure systems, modules and other industrial segment products. The After Market Services (AMS) Business Segment concentrates on providing its customers with configuration, repair and refurbishment services. The Group's consolidated net sales for 2009 totaled 1.5 billion euros and it employs approximately 10,000 persons. Elcoteq SE is listed on the Nasdaq OMX Helsinki Ltd. For more information visit the Elcoteq website at www.elcoteq.com. [HUG#1449717]
Elcoteq Appoints Two Financial Advisors
| Quelle: Elcoteq