Revenio Group Corporation Stock Exchange Release, December 1, 2014 at 11:10 am REVENIO TO ESTABLISH A SUBSIDIARY REVENIO RESEARCH OY TO MANAGE RESEARCH AND DEVELOPMENT PROJECTS Revenio Group Corporation's Board of Directors has today made a decision to establish a subsidiary Revenio Research Oy to manage the research and development projects of Revenio Group. Revenio Research Oy will focus on the development of the current products and on the health technology related research and development projects that aim to discover and commercialize new health technology related opportunities. The common nominators for these projects are screening, monitoring and worldwide need for cost savings in health care through preventive health care. The goal is to build growth paths from these new openings alongside the current products of Revenio Group. Revenio Research Oy will be attached to group reporting in connection with the financial statement for 2014. "Our goal is, in line with our strategy, to invest in the future growth in health technology. During the current year we have made progress in this area and therefore the establishment of Revenio Research Oy to manage the new innovations is both relevant and timely. In our view, it is possible to build interesting growth paths with the new technologies we have been able to recognize alongside our current products", says Revenio Group's President and CEO Olli-Pekka Salovaara. 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#1875534]
Revenio Group Corporation: REVENIO TO ESTABLISH A SUBSIDIARY REVENIO RESEARCH OY TO MANAGE RESEARCH AND DEVELOPMENT PROJECTS
| Source: Revenio Group Oyj