<< Back
 
 
First Lease for Technopolis Pulkovo Technology Center Signed
08.07.2009

TECHNOPOLIS PLC  STOCK EXCHANGE BULLETIN  July 8th, 2009 at 11.40
a.m.


FIRST LEASE FOR TECHNOPOLIS PULKOVO TECHNOLOGY CENTER SIGNED

Technopolis Plc and M-Cloud, a spin-off of SmartPhoneLabs
Partners (SPL), have signed a binding pre-lease for the
Technopolis Pulkovo technology center now under construction in
St. Petersburg. The five year lease covers an area of 500 square
meters and is due to start June 1st, 2010.

M-Cloud is a Russian technology company providing content
management services to publishers of mobile content worldwide. M-
Cloud’s goal is to create a global ecosystem for mobile content
production and distribution that would take advantage of digital
distribution and retailing of mobile content.

This is the first signed binding preliminary lease for
Technopolis Pulkovo, although the normal procedure in Russia is
to sign leases close to the completion date of the building in
question.

Phase 1 of the Technopolis Pulkovo technology center in St.
Petersburg is due for completion in spring 2010. The new center
is being erected on a plot owned by Technopolis St. Petersburg
LCC near Pulkovo International Airport. The estimated cost of the
24,100 square meter building is about EUR 50 million.

Technopolis Plc

Keith Silverang
CEO
Phone: +358 40 566 7785


Distribution:
NASDAQ OMX Helsinki Ltd.
Major News Media
www.technopolis.fi


 
<< Back