Press Releases

TECHNOPOLIS CONTINUES ITS STRONG GROWTH IN KUOPIO

TECHNOPOLIS OYJ    PRESS RELEASE       August 18, 2010 at 14:30 

TECHNOPOLIS CONTINUES ITS STRONG GROWTH IN KUOPIO

Technopolis Plc is expanding its Viestikatu property in Kuopio. Construction of
Phase 2 of Technopolis Viestikatu will be continued. The parking building now
being completed will continue to its next phase without interruptions.
Construction will start immediately and the expansion will be completed by the
end of 2010. 

Phase 2A, currently under construction and scheduled for completion at the
beginning of October, consists of new company premises and a parking garage
with a total area of 13,400 m2. The stage 2B parking garage, for which
construction will now commence, comprises 5,100m2, with 184 new parking places
at an estimated cost of approximately EUR 2.2 million. 

“Technopolis wants to build a 60,000 square meter complex at Viestikatu,
containing premises for about 1,800 people. Approximately 35 percent of the
total work will be completed by the end of the year. The excellent, central
location of the area in the Kuopio Science Park, the strong demand for the
premises, and customers with strong growth potential all contribute to the
excellent growth potential of Technopolis in Kuopio. The close proximity of the
Viestikatu property to the already completed Microkatu property provides
synergies for both us and our customers,” says Hannu Eronen, Director of
Technopolis' Kuopio operations. 

Technopolis has more than 150 customers in Kuopio. As a result of this
expansion, the total extent of the premises owned by Technopolis in Kuopio will
be increased to 135,000 gross-m2. 

Technopolis Plc

For more information:

Keith Silverang, President and CEO, tel. +358 40 566 7785
Hannu Eronen, Director, Kuopio operations, tel. +358 40 754 0576

Distribution:
NASDAQ OMX Helsinki
Main news media 
www.technopolis.fi