Incap strengthens key functions by appointing new managing director to operations in Estonia

Incap Corporation                    
Stock Exchange Release                    9 November 2015 at 11.30 am (EET)                                   

INCAP STRENGTHENS KEY FUNCTIONS BY APPOINTING NEW MANAGING DIRECTOR TO OPERATIONS IN ESTONIA

Otto Pukk (M.Sc. B.E) has been appointed as Managing Director of Incap's operations in Estonia as from 17 November 2015.

Otto Pukk has during his career served in demanding positions in various technology companies, thereby gaining comprehensive experience in managing and leading operations in international companies. Most recently he has acted as CEO of Eesti Energia Technology Industries (Enefit). Before that he has held different managerial positions in the ETAL Group (ElektronikGruppen BK AB) both in Baltic countries, in Finland and in Asia. 

Otto Pukk is also appointed to the Management Team of Incap Group. The Management Team now consists of Ville Vuori (CEO of the Group), Murthy Munipalli (Director, Operations in India) and Otto Pukk (Director of Operations in Estonia). The Group's factories in Estonia and India are operating as independent profit centers, which are responsible besides the actual order-delivery process also for customer relations, quotations and pricing.

President and CEO Ville Vuori:"I wish Otto most welcome to our team. His appointment supports the strengthening of our operations further, as he has impressive expertise in technology industry and he has successfully held several leadership positions. I trust that he will make a great contribution to the Estonian team when aiming at continued profitable growth."

INCAP CORPORATION

Further information:
Ville Vuori, President and CEO of Incap Group, tel. +358 400 369 438

Distribution:
NASDAQ OMX Helsinki Ltd
Principal media
The company's home page www.incapcorp.com

INCAP IN BRIEF
Incap Corporation is an international contract manufacturer. Incap's customers are leading suppliers of high-technology equipment in their own business segments, and Incap increases their competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and China, and the company currently employs approximately 400 people. Incap's share is listed on the Nasdaq OMX Helsinki Ltd. Additional information: www.incapcorp.com.