Incap Corporation               
Press release        10 June 2013  at 10.15 am

INCAP AND SPEKTIKOR LAUNCH COOPERATION IN MANUFACTURE OF DISPOSABLE ECG INDICATOR  

Incap Corporation and Spektikor Oy have signed an agreement on the manufacture of electronic subassemblies for ECG indicators utilising completely new technology.  

ECG indicators developed by Spektikor Oy are intended for health care professionals to ease their work in situations of first aid and follow-up monitoring. Spektikor's device visualises the patient's heart beat with a LED light, and therefore the heart beat can be monitored also from a distance without physical scanning of the patient's heart beat and without interrupting another on-going treatment. When developing the ECG indicators Spektikor has cooperated with the Oulu University Hospital, the Finnish Defence Forces, the Unit of Health and Social care at Oulu University of Applied Sciences as well as with TEKES (the Finnish Funding Agency for Technology and Innovation ) and the Foundation for Finnish inventions.

Volume deliveries from Incap to Spektikor will start during the year 2013. The subassemblies are manufactured at Incap's factory in Kuressaare, which is having the quality certificate meeting with the standard ISO 13485:2003 for the manufacture of medical instruments.

Jari Koppelo, Director, Business Units at Incap Corporation: "Spektikor is a start-up enterprise with an innovative product and good growth prospects. In line with our strategy we are looking for cooperation with companies like Spektikor, who are operating in the well-being sector and have a good product, and whose objective is to operate with a manufacturing partner in the industrial production of their product."

Kari Kivistö, CEO of Spektikor: "We are satisfied to have found a manufacturing partner like Incap for our product. The ability to deliver and produce high quality are important features to us. Further prerequisite is that the partner is capable of manufacturing health care products."

Further information:
Jari Koppelo, Director, Business units at Incap, tel. +358 40 347 2092
Hannele Pöllä, Director, Communications and IR at Incap, tel. +358 40 504 8296
Kari Kivistö, CEO at Spektikor, tel. +358 40 745 3167

INCAPIN SHORT
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 include leading equipment suppliers in energy efficiency and well-being technologies, for which the company produces competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and China. The Group's revenue in 2012 amounted to approx. EUR 64.1 million and the company currently employs approx. 600 people. Incap's share is listed on the NASDAQ OMX Helsinki.Additional information: www.incap.fi.

 

SPEKTIKOR IN SHORT
Spektikor Oy, established in 2010, is an electronics company specialising in disposable medical devices. Spektikor's mission is to help save medical staff time so that they can provide effective treatment.This is done by devices and solutions which automatise the control and follow-up. Further information: www.spektikor.com.

    Spektikor's ECG indicator


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#1708190