Stonesoft Corporation stock exchange release 29.6.2009 at 1:55 p.m.
Stonesoft Corporation has entered into a strategic partnership with the leading national
telecommunications company Algeria Telecom in 2008. The partnership contract has now been renewed
by a contract that is in force for one year at the time, for a maximum period of three years,
unless terminated. The value of orders to be made annually under this frame agreement is at the
minimum two (2) million Euros and at the maximum eight (8) million Euros. The frame agreement is
also strategically significant to the company.
Stonesoft has received first orders related to the frame agreement and their value is in
total 1.2 million Euros. The deliveries will take place even during this quarter.
"These orders further strengthen Stonesoft's position in Algeria and demonstrate our
competence and commitment to fulfill our customers' network security needs in large and critical
service offerings", said Ilkka Hiidenheimo, CEO of Stonesoft Corporation.
The company estimates that taking into consideration these deliveries to Algeria, the
invoicing and net sales of the company will amount to approximately six (6) million Euros during
the second quarter, which is approximately 3 to 12 percent less than in the corresponding quarter
in the previous year.
Stonesoft Corporation
Ilkka Hiidenheimo
CEO
For further information:
Ilkka Hiidenheimo, CEO, Stonesoft Corporation
Puh. 09 476 711
E-mail: ilkka.hiidenheimo@stonesoft.com
Kim Fagernäs, Vice President, EMEA and APAC, Stonesoft Corporation
Tel. +358 9 476 711
E-mail: kim.fagernas@stonesoft.com
Distribution:
NASDAQ OMX Helsinki Ltd
Main media
www.stonesoft.com
Monday, June 29, 2009