8 August 2012 at 2.30 p.m.
INCAP'S INDUSTRIAL PREMISES TO ANGRY BIRDS ACTIVITY PARK
Incap Corporation has today signed a contract on the lease of its industrial premises in Vuokatti to SuperPark Oy. SuperPark will operate in the premises an all-year in-house amusement park, which is having a great potential use thanks to the brisk tourist industry in the area. The activity park is run under Angry Birds brand but it also includes play arena and an area for freestyle, among others. The actual operation of the activity park will be started after some reconstruction of the premises in December.
Incap's premises of about 8,700 m² were built in several stages during 1978-2001. The premises were left unused in 2010, when Incap concentrated its electronics manufacture in Europe to Estonia. The Sotkamo municipality has already granted a special permission allowing the premises to be used also to other than industrial operation.
Sami Mykkänen, President and CEO of Incap Group: "I am very pleased that we have now found new use for our premises. For Incap, the most important issue is of course that the leasing will for its part contribute to improved profitability of our company. An activity park is an excellent solution not only for Incap but also to the new park entrepreneur and their partners as well as to the Sotkamo municipality and the tourism in the whole area. I am especially happy for Sotkamo – where we have had manufacturing for many years in the past – because our factory premises which are in good condition find this way new, productive use which is expected to boost the tourism and employment rate in the area."
INCAP CORPORATION
Sami Mykkänen
President and CEO
Additional information:
Sami Mykkänen, President and CEO, tel. +358 40 559 9047
Kirsti Parvi, CFO, tel. +91 990 204 2813
Hannele Pöllä, Director, Communications and Investor Relations, tel. +358 40 504 8296
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
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 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 2011 amounted to around EUR 68.9 million, and the company currently employs approximately 715 people. Incap's share is listed on the NASDAQ OMX Helsinki. Additional information: 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#1632655