Tieto Oyj : Tieto selected to host Outokumpu's ICT infrastructure

Tieto Corporation         PRESS RELEASE         10 January 2012 at 1.00 pm EET

Tieto will enter into infrastructure services partnership with Outokumpu. The four-year agreement covers centralized and on-site capacity services as well as ERP platform management services that can be scaled according to the customer's needs. In addition, approximately twenty employees will transfer from Outokumpu to Tieto.

Tieto will provide Outokumpu with centralized governance, improved availability, scalability, best practices service production and reduced operational expenditure. The services include Tieto's SAP Dynamic Landscape solution, which ensures reliable delivery combined with cost effectiveness. Centralized processing and storage capacity is delivered by Tieto's energy efficient data centre in Finland and the manufacturing specific Mill-in-the-Box solution supports the customer's critical on-site IT operations.

"This agreement sets the foundation for our journey targeting improvements to the way we operate our core infrastructure today. We believe that our performance will improve and that related expenditure will be reduced through well-planned and well-executed transformation to the target solution. Under this agreement, Tieto will be able to offer us experience, good practices and standard methods of working that will benefit the whole Outokumpu Group," says Outokumpu's CIO Patrik Ekström.

"We are delighted to solve our key customer's challenges by applying our infrastructure services and bring in important service elements like reliability, availability, continuity, cost efficiency and innovative communications. Outokumpu is experiencing big changes and needs IT services which are able to adapt to their business needs," says Mikko Pulkkinen, Vice President, Industrial Manufacturing & Services, Tieto.

For further information, please contact:
Timo Suutari, Director, Industrial Manufacturing & Services, Tieto, tel. [phone], timo.suutari(a)tieto.com
Patrik Ekström, Senior Vice President - Information Technology and Processes, Outokumpu, tel. [phone], patrik.ekstrom(a)outokumpu.com

TIETO CORPORATION

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Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services complemented by a strong technology platform create tangible business benefits for our local and global customers. As a trusted transformation partner, we are close to our customers and understand their unique needs. With about 18 000 experts, we aim to become a leading service integrator creating the best service experience in IT.

Outokumpu is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 8 000 people in more than 30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki.