Incap Corporation           Press Release       11 March 2015 at 8 am (EET)

INCAP AND AIDON TO STRENGTHEN THEIR CO-OPERATION  

EMS provider Incap Corporation and Aidon Oy, the developer of Automatic Metering Infrastructure (AMI), strengthen their co-operation by aligning and enhancing their operations to support optimal supply chain process. Incap will contribute to the co-operation by launching a new project focusing on a smart Prototype & New Product Introduction (NPI) model. Incap provides Aidon with EMS services from its Kuressaare factory and now the companies are taking steps towards better implementation of the Lean Supply Chain model.

Teemu Pokela, Director of Business Development at Incap: "Aidon has gained a strong position in the fast-growing market for automatic metering and I am very satisfied that we can enhance our strong partnership further. The mutual development offers Incap a great opportunity to grow together with our long-term customer. By efficient utilization of advanced processes we are able to provide full support to Aidon starting from prototypes and continuing all the way to high-volume manufacturing."

Petri Ounila, Head of Production at Aidon: "Incap is a long-term manufacturing partner of Aidon. Their delivery accuracy and flexibility very well support our business, and we look forward to developing new flexible operational models with them while Aidon's business is expanding to new markets."

INCAP CORPORATION

Further information:
Teemu Pokela, Director, Business Development Europe
Tel. +358 40 347 2073
teemu.pokela@incap.eu

Ville Vuori, President and CEO
Tel. +358 400 369 438
ville.vuori@incap.eu

DISTRIBUTION
Major media
www.incap.fi

MORE ABOUT INCAP
Incap Corporation is an international contract manufacturer whose comprehensive services cover the entire life-cycle of electromechanical products from design and sourcing to actual manufacture and further to maintenance services. Incap's customers are leading suppliers of high-technology equipment in their own business segments, and Incap increases their competitiveness as a strategic partner. Incap has operations in Finland, Estonia, India and China, and the company currently employs approximately 420 people. Incap's share has been listed on the NASDAQ OMX Helsinki Ltd since 1997. Additional information:
www.incap.fi.

MORE ABOUT AIDON
Aidon is a leading provider of open-architecture based smart metering systems and new generation energy service devices in the Nordics. Aidon's products serve today more than a million metering points in the Nordics. Aidon has offices in Jyväskylä and Vantaa in Finland, Täby in Sweden and Asker in Norway. Additional information: www.aidon.com.


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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Incap Oyj via Globenewswire

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