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Eqvitec funds have sold their shares in Affecto


PRESS RELEASE OCTOBER 2, 2007

The funds managed by Eqvitec Partners Oy have sold all their 2.708.302 shares in Affecto Oyj. The shares represented an ownership of ca. 12,6%.

Affecto as it is today was created in 2004 when three companies from Eqvitec portfolio (Affecto, Genimap and Informacines Technologijos) were merged and the company was listed in the Helsinki Stock Exchange in 2005. After the IPO the company has continued its growth strategy.

The funds advised or managed by Eqvitec invest in unlisted companies. The funds divest their listed ownership in listed entities in due course.

For more information:
Jukka Mäkinen, Managing Partner, Eqvitec Partners Oy, gsm +358 50 665 63


Eqvitec Partners Oy is one of the largest technology focused venture capital firms in Northern Europe. The company was founded in 1997 and employs 15 investments professionals in Helsinki and Stockholm. Eqvitec Partners currently advises five funds with a total capital base of 440 million euros. The funds invest in growing technology companies from start-up to later-stage phases. At the moment the funds have investments in 40 technology companies and have successfully carried out 25 exits. More information can be found at www.eqvitec.com.


Publisher Contact Information:

EQVITEC Partners Oy
+358 50 665 63
-

Company profile of EQVITEC Partners Oy
Past press releases of EQVITEC Partners Oy.

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