Negotiation result has been reached in the statutory negotiations started on December 23, 2008 in Cencorp Corporation.

Lay-offs based on financial and production related grounds in Finnish companies of the group will start on January 26, 2009. Maximum time period for lay-offs is 90 days.

Lay-offs will be realized in scales so that operation capacity and delivery capacity of the company stays in the level which corresponds demand situation.

In Lohja, January 8, 2009

Cencorp Corporation

BOARD OF DIRECTORS

Further information:  

Hannu Timmerbacka

President & CEO

+358 400620845 

Cencorp develops and supplies automation solutions to the electronics and semiconductor industry that enhance productivity. 

Distribution:

NASDAQ OMX Helsinki

Main media

www.cencorp.com