JUHA NÄKKI APPOINTED AS CEO OF ETTEPLAN OYJ Stock exchange release - Published: 20.12.2011 - 12:16:46 Back to Releases ETTEPLAN OYJ STOCK EXCHANGE RELEASE DECEMBER 20, 2011 AT 12:15 P.M. ETTEPLAN OYJ STOCK EXCHANGE RELEASE DECEMBER 20, 2011 AT 12:15 P.M. JUHA NÄKKI APPOINTED AS CEO OF ETTEPLAN OYJ The Board of Directors of Etteplan Oyj has appointed M. Sc. (Eng) Juha Näkki (born 1973) as the new President and CEO of Etteplan Oyj as of January 1, 2012. Juha Näkki has been employed by Etteplan Oyj since 2005 and has been a member of Management Group since 2008. He has been responsible for the entire group’s operational business since February 2011. The Chairman of the Board of Etteplan Oyj Heikki Hornborg: “Etteplan’s Board is pleased that as a result of a thorough selection process the best candidate for CEO was found within the company. Juha Näkki’s operational responsibility in Etteplan has grown consistently and the appointment as President and CEO of Etteplan is a natural continuation in his career development. Juha Näkki has proven achievements and he is profoundly familiar with the design industry and its’ market. His contribution in creating Etteplan’s strategy and increasing the business in China has been remarkable and in him we will have a strong leader to continue the implementation of Etteplan’s strategy. On behalf of Etteplan Oyj’s Board of Directors I warmly wish the best of luck to Juha in managing the CEO task successfully. We believe that he has excellent qualifications to develop the company and to realize the profitable growth according to strategy.” ”I am enthusiastic about my new task as Etteplan’s President and CEO and thankful for the Board of Directors for their trust in me. Engineering design is a growth industry which is in an interesting development phase due to internationalization. Etteplan has a strong market position and I believe that as CEO I am able to fulfill the targets the owners of the company have set for Etteplan”, says Juha Näkki. Mr. Matti Hyytiäinen, President and CEO of Etteplan since the beginning of 2008 will be acting as CEO until December 31, 2011 after which he will join the service of another company as previously announced. Information on Juha Näkki is available at Etteplan’s Web site at www.etteplan.com. Hollola, December 20, 2011 Etteplan Oyj Board of Directors Additional information: Heikki Hornborg, Chairman of the Board, tel. +358 400 873 063 DISTRIBUTION: NASDAQ OMX Helsinki Major mediawww.etteplan.com Etteplan is a specialist in industrial equipment engineering and technical product information solutions and services. Etteplan’s engineering expertise and service products cover the entire life cycle of the client’s products. Our customers are global leaders in their fields and operate in areas like the automotive, aerospace and defense industries as well as the electricity generation and power transmission sectors, and material flow management. Etteplan has comprehensive competence in electronics and embedded systems development, automation and electrical design, mechanical design and technical product information solutions and services. In 2010, Etteplan had turnover of EUR 104.8 million. The company currently has approximately 1,600 experts in Finland, Sweden, and China. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.