EFECTE PLC -- COMPANY ANNOUNCEMENT -- 23 August 2018 at 16.30

Efecte: Niilo Fredrikson will start as CEO on 24 September 2018

Niilo Fredrikson's start date as the new CEO of Efecte Plc has been confirmed. He will start as CEO on 24 September 2018, as expected.

Further enquiries:

Hannu Nyman
CFO
Efecte Plc
hannu.nyman@efecte.com
+358 50 306 9913

Certified Adviser:
Evli Bank Plc, tel +358 40 579 6210

Efecte Plc

Efecte is a Finnish software company that provides cloud-based service and identity management software solutions, as well as related consultancy services. They simplify and improve the efficiency of managing the services, IT systems and infrastructure in an organization. Measured by number of customers, Efecte is one of the leading software vendors in its field to large, medium-sized and public organizations in Finland and the Nordic countries. The Company was founded in 1998. In addition to Finland, it has operations in Sweden, Denmark, and Germany. Efecte employs around 100 professionals and had a turnover of 10.6 million euros in 2017.

www.efecte.com