GEOSENTRIC OYJ STOCK EXCHANGE RELEASE August 15, 2012 at 9:45
COMPANY’S EX-CFO HAS FILED A CLAIM AGAINST GEOSENTRIC OYJ
The Company reports that SoftTech Support Services Ltd, a company domiciled in the United Kingdom and owned by the Company’s ex-CFO Robin Halliday, has filed a claim against GeoSentric Oyj. The claim relates to the subcontractor agreement concluded by SoftTech between the Company and SoftTech Support Services Ltd. The agreement provided for CFO services by SoftTech to the Company on a contractor basis, and these CFO services were provided by Robin Halliday prior to termination of the agreement. The amount of the claim is approximately EUR 40,000. The Company has rejected the claim and will take all necessary actions to respond.
GEOSENTRIC OYJ
Board of Directors
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NASDAQ OMX Helsinki
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