Technopolis Plc  Stock Exchange Release May 6th, 2009 at 12.00



Nokia to Release Ideas and Innovations to Finnish ICT companies;

Unique Initiative to Recycle Innovations Coordinated by

Technopolis and Funded by Finnish Government and Cities



Nokia, Technopolis and Tekes today unveiled the Nokia Technopolis

Innovation Mill, a ground breaking initiative to recycle Nokia’s

unused ideas and innovations to selected Finnish ICT companies

for further development and exploitation. Prepared and launched

in cooperation with several Finnish cities, the initiative aims

to match ideas with companies that will be able to develop them

into world-class products and services.



Nokia’s research and development efforts produce massive amounts

of new mobile innovations. Only a fraction of the ideas and

concepts finally make it in the market as part of Nokia’s

offering. Consequently, over the years, thousands of potentially

successful innovations have been shelved.



This unique initiative to recycle innovations stems from the

founding organizations’ commitment to strengthen the Finnish

ICT sector and generate new, internationally competitive

businesses. The investments in the development projects to be

launched as part of the Nokia Technopolis Innovation Mill are

expected to total up to 8 Million Euros, including 4.5 Million

Euros of public funding.



The three-year initiative is a joint effort by Nokia,

Technopolis, Tekes and several Finnish cities. Tekes, the Finnish

Funding Agency for Technology and Innovation, has granted a

significant amount of the public funding. Technopolis will

coordinate the initiative and provide business development

services to support and enhance the funding effort. The

participating cities add to the funding with the aim of boosting

the ICT sector in their regions.



TECHNOPOLIS PLC



Keith Silverang

President and CEO

p. +358 40 566 7785



Distribution:

NASDAQ OMX Helsinki

Major news media

www.technopolis.fi