Revenio Group Corporation Stock Exchange Release, December 1, 2014 at 9:00 am REVENIO TO DIVEST ITS OPERATIONS IN THE TECHNOLOGY AND SERVICES SEGMENT AND TRANSFER THEM TO AVAILABLE-FOR-SALE DISCONTINUED OPERATIONS Today, the Board of Directors of Revenio Group Corporation has decided to divest Boomeranger Boats Oy and Done Software Solutions Oy, which represent its Technology and Services segment, and to transfer said companies to available- for-sale discontinued operations. According to the plans of Revenio's management, the sale of these companies will be carried out within a year of the classification decision in accordance with IFRS 5.8. These business operations will be sold due to Revenio's strategic focus on health tech and the related divestment of non-core operations. At the same time, Revenio has decided to write down Boomeranger Boats Oy's goodwill, about EUR 3.1 million. In operational terms, the companies will continue to operate as usual and the arrangement does not have an effect on the current or future customer relationships of these businesses. The arrangement is part of the Revenio Group's strategic focus on health tech. Boomeranger Boats Oy and Done Software Solutions Oy, which represent the Technology and Services segment and will be transferred to avalable-for-sale discontinued operations, had net sales of EUR 6,8 million and an operating result of EUR 0,6 million in 2013. Revenio Group Corporation Olli-Pekka Salovaara President & CEO For additional information, please contact President & CEO Olli-Pekka Salovaara, tel. +358 40 567 5520 olli-pekka.salovaara@revenio.fi www.revenio.fi DISTRIBUTION: NASDAQ OMX Helsinki Financial Supervisory Authority (FIN-FSA) Principal media www.revenio.fi The Revenio Group in brief Revenio is a Finnish health tech group whose core business lies in tonometers. The Revenio Health Tech segment comprises the business operations of Icare Finland Oy and Oscare Medical Oy. The widely patented Icare product family is the current cornerstone of the Group's success. Revenio seeks vigorous growth in health technology, both organically and through acquisitions and mergers. The Revenio Group also includes other business operations, which are grouped under the Technology and Services segment. This segment's operations have a shared global market and represent the cutting edge of technology products and services in their industry. In 2013, the Revenio Group's net sales totaled EUR 25.7 million, with its operating margin standing at 21.7%. The Revenio Group Corporation is listed on NASDAQ OMX Helsinki. [HUG#1875488]
Revenio Group Corporation: REVENIO TO DIVEST ITS OPERATIONS IN THE TECHNOLOGY AND SERVICES SEGMENT AND TRANSFER THEM TO AVAILABLE-FOR-SALE DISCONTINUED OPERATIONS
| Quelle: Revenio Group Oyj