Incap Corporation Press release 25 May 2011 at 10.15 a.m. INCAP MANUFACTURES ELECTRONICS FOR SAUNA HEATERS MADE BY TULIKIVI Tulikivi Corporation, the world's biggest manufacturer of heat-retaining fireplaces, has chosen Incap Corporation as the manufacturer of the control electronics for its new collection of electric sauna heaters. The serial manufacture of the products has already started at Incap's Kuressaari factory, from where they are delivered to Finland for final assembly. The new collection of Tulikivi is based on high-quality raw materials and new innovations in design and electronics. A pre-programmed control system is used in the sauna heaters to adjust the heating period and the temperature of the sauna. The electronics of the heaters makes it possible to adjust the sauna temperature with an accuracy of one degree. With accurate temperature control, the energy consumption of the heaters can be decreased by up to 30 per cent. The electronics of the heaters also enable monitoring energy consumption and the usage time of the sauna. The memory of the control unit can also be programmed with functions adjusted according to personal preference, such as different temperature settings. Kimmo Akiander, Business Unit Director at Incap, says: "The delivery contract signed with Tulikivi is an important opening for us into household energy devices. High quality is emphasised in Tulikivi's products, and we are very happy that Tulikivi has assessed Incap to be a quality business partner. Building a new customer relationship is a process that takes time, and our objective is to extend our cooperation with Tulikivi from the manufacture of control electronics to larger entities." Heikki Vauhkonen, the Managing Director of Tulikivi, says: "The new collection of sauna heaters is the result of an extensive product development project. During the project, we have found Incap Corporation, both in its operating method as well as its products, to be a high-quality company." The turnover of the Tulikivi Group is approximately EUR 60 million, of which exports account for about half. The company employs approximately 500 people and has more than three decades of experience in the manufacture of a range of fireplaces. Electric sauna stoves were added to the company's product range in early 2011. INCAP CORPORATION Additional information: Kimmo Akiander, Business Unit Director, tel. +358 40 839 7966 Hannele Pöllä, Director of Communications and HR, tel. +358 40 504 8296 DISTRIBUTION Principal media The company's website: www.incap.fi INCAP IN BRIEF Incap Corporation is an internationally operating contract manufacturer whose comprehensive services cover the entire life-cycle of electromechanical products from design and manufacture to maintenance services. Incap's customers are leading equipment suppliers in energy efficiency and well-being technology, for which the company produces competitiveness as a strategic partner. Incap operates in Finland, Estonia, and India. The Group's revenue in 2010 amounted to around EUR 59.2 million, and the company currently employs approximately 730 people. Incap's shares are listed on the NASDAQ OMX Helsinki Oy. For additional information, please visit www.incap.fi This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Incap Oyj via Thomson Reuters ONE [HUG#1519394]