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Tapio Vailahti joins Valimo Wireless as CEO


Helsinki - 2.04.2007 - Tapio Vailahti will take over for Will Cardwell as CEO of Valimo Wireless Ltd. Mr. Vailahti comes to Valimo from Gemalto where he was most recently Vice President of Identity Product and Solution Management. Mr. Cardwell joins the board of directors and continues to support the business as a senior advisor.

“Tapio’s professional connection with us has deep roots in Valimo’s cooperation with Setec – the SIM card vendor, bought by Gemplus and recently merged with Axalto to become Gemalto. He has a wide range of managerial experience having run the product development and the product marketing efforts at different points in time at Setec,” Will Cardwell explains.

“Tapio Vailahti’s experience combined with retaining Will Cardwell as an advisor and board member adds to Valimo’s competitive business advantage. Tapio also has the technical background to further build Valimo’s strategy and will certainly help us to make the most out of our current experience and leading market position for mobile signature and identity solutions,” continues Alexander Ehrnrooth, CEO of Atine Group Oyj, Valimo’s majority owner.

“Tapio has the right mix of industry connections and leadership skills to guide the Valimo team through the next growth phase. I am very happy to get him on board. At the end of April we are presenting the Valimo Mobile Authentication Client (VMAC) to the SIM vendor community at the SIMposium 2007 in Berlin, and this is an excellent opportunity to have Tapio spearhead our marketing campaign,” adds Jarkko Elonen, Valimo’s Chief Operating Officer.

Combined with the recent strategic investment from Risto Siilasmaa and Mr. Siilasmaa joining the board of directors, Valimo is well positioned to continue its rapid growth. With the two recently announced deals delivering mobile signature service infrastructures to Turkcell in Turkey and Telefónica Móviles in Spain, the subscriber coverage ready to use mobile signatures has increased from 7 million to about 60 million subscribers.

About Valimo’s market and opportunities

With Valimo's software solutions, mobile operators can offer mobile signature services for banking, purchases and corporate security. Only a mobile signature-enabled SIM card is necessary. Strong mobile authentication and the generation of digital signatures becomes as easy as sending a short message.

Contact Valimo Wireless

Heli Koenkytö
Valimo’s PR - Account Manager, Hill and Knowlton Finland Oy
Tel. +358 9 3486 1247
E-mail: heli.koenkyto@hillandknowlton.fi

Will Cardwell
CEO
Tel: +358-9-4365-0080

About Valimo Wireless

Helsinki-based Valimo Wireless is the leading provider of mobile signature solutions for mobile operators, banks and corporate customers. Valimo's solutions are used by more than 40 European and Middle Eastern customers to date, assuring non-repudiation, high data security and high availability over most network infrastructures and end-user devices. Valimo is growing strongly with offices in Finland, Sweden, Germany and Turkey. For more information about Valimo, please visit www.valimo.com.


Publisher Contact Information:

Valimo Wireless Ltd.
+358-9-4365-0080
juha.mitrunen@valimo.com

Company profile of Valimo Wireless Ltd.
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