PRESS RELEASE TURKU, FINLAND FOR IMMEDIATE RELEASE October 22, 2007 NEW CEO APPOINTED AT SANAKO Editorial contacts: Jari Mielonen, CEO, puh: +358 (0)2 2166 500 sahkoposti: [log in to unmask] Matti Laakso, CFO, puh: +358 (0)2 2166 500 sahkoposti: [log in to unmask] The SANAKO Board of Directors has taken a significant step in advancing the development of the company and its business. In order to accelerate growth and profitability the Company's management will be strengthened with the appointment of a new CEO, Mr Jari Mielonen, who will take office from 22nd October, 2007. Before joining SANAKO Mr Mielonen was CEO of SYSOPENDIGIA Plc, a Nordic listed ICT company. Prior to that he held various management positions in telecom and ICT companies. Mr Matti Laakso, the CEO since February 2005, will continue his responsibilities as Chief Financial Officer, CFO. The Board sees Mr. Mielonen's appointment as the start of an important phase for SANAKO. Mr Mielonen's long experience in the international software business arena will ultimately strengthen the company's position in the educational business domain. SANAKO Corporation SANAKO, formerly Tandberg Educational, is a learning technology company developing language teaching solutions, teaching and classroom management software, virtual learning and professional development solutions, as well as supplying customer services. We are the world leader in live language learning technology. Today's solutions include modern software, wireless and mobile systems that act as a catalyst for improving teaching outcomes by motivating learning. Our sales network reaches customers all over the world and we've provided Tandberg Educational Quality to satisfied users in over 100 countries. We serve our customers through a network of resellers in 70 countries. Based in Finland, the company has sales offices in China, France, UAE, UK and US. SANAKO is a Microsoft(R) Certified Partner and Blackboard Building Blocks community member. Blackboard, the Bb logo, Building Blocks, the Building Blocks logo, Blackboard Developers Network, and the Blackboard Learning System are trademarks/registered trademarks of Blackboard Inc. in the United States and/or other countries. Usage by permission. Microsoft is either a registered trademark or trademark of Microsoft Corporation in the United States and/or other countries. ------------------------------------------------------------ This information was brought to you by Cision http://newsroom.cision.com The following files are available for download: http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=581958&fn=wkr000 1.pdf The following pictures are available for download: http://wpy.waymaker.net/client/waymaker1/ImageArchive/Image.aspx?image_id=29985 Return-Path: <[log in to unmask]> Received: from squidb.waymaker.se by listserv.dartmouth.edu (LSMTP for Windows NT v1.1b) with SMTP id <[log in to unmask]>; Tue, 23 Oct 2007 3:26:52 -0400 Received: from squidb.waymaker.se (localhost [127.0.0.1]) by squidb.waymaker.se (Postfix) with ESMTP id D1B596CBBEB for <[log in to unmask]>; Tue, 23 Oct 2007 09:26:51 +0200 (CEST) MIME-Version: 1.0 Message-ID: <[log in to unmask]> X-Waymaker-Job-Id: 581958 Date: Tue, 23 Oct 2007 07:24:48 GMT To: "[log in to unmask]" <[log in to unmask]> From: "=?iso-8859-1?Q?SANAKO_Corporation?=" <[log in to unmask]> Reply-To: <[log in to unmask]> Subject: =?iso-8859-1?Q?NEW_CEO_APPOINTED_AT_SANAKO?= Content-Type: multipart/alternative; boundary=----WaYmAkEr-0008E146-rEkAmYaW X-Waymaker-jobid: HTMEML_581958 X-Waymaker-transactionid: 75400008 ------WaYmAkEr-0008E146-rEkAmYaW Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable PRESS RELEASE TURKU, FINLAND FOR IMMEDIATE RELEASE October 22, 2007 NEW CEO APPOINTED AT SANAKO Editorial contacts: Jari Mielonen, CEO, puh: +358 (0)2 2166 500 s=E4hk=F6posti: [log in to unmask] Matti Laakso, CFO, puh: +358 (0)2 2166 500 s=E4hk=F6posti: [log in to unmask] The SANAKO Board of Directors has taken a significant step in advancing the development of the company and its business. In order to accelerate growth and profitability the Company's management will be strengthened with the appointment of a new CEO, Mr Jari Mielonen, who will take office from 22nd October, 2007. Before joining SANAKO Mr Mielonen was CEO of SYSOPENDIGIA Plc, a Nordic listed ICT company. Prior to that he held various management positions in telecom and ICT companies. Mr Matti Laakso, the CEO since February 2005, will continue his responsibilities as Chief Financial Officer, CFO. The Board sees Mr. Mielonen's appointment as the start of an important phase for SANAKO. Mr Mielonen's long experience in the international software business arena will ultimately strengthen the company's position in the educational business domain. SANAKO Corporation SANAKO, formerly Tandberg Educational, is a learning technology company developing language teaching solutions, teaching and classroom management software, virtual learning and professional development solutions, as well as supplying customer services. We are the world leader in live language learning technology. Today's solutions include modern software, wireless and mobile systems that act as a catalyst for improving teaching outcomes by motivating learning. Our sales network reaches customers all over the world and we've provided Tandberg Educational Quality to satisfied users in over 100 countries. We serve our customers through a network of resellers in 70 countries. Based in Finland, the company has sales offices in China, France, UAE, UK and US. SANAKO is a Microsoft=AE Certified Partner and Blackboard Building Blocks community member. Blackboard, the Bb logo, Building Blocks, the Building Blocks logo, Blackboard Developers Network, and the Blackboard Learning System are trademarks/registered trademarks of Blackboard Inc. in the United States and/or other countries. Usage by permission. Microsoft is either a registered trademark or trademark of Microsoft Corporation in the United States and/or other countries. ------------------------------------------------------------ *********************************************** LLTI is a service of IALLT, the International Association for Language Learning (http://iallt.org/), and The Consortium for Language Teaching and Learning (http://www.languageconsortium.org/). Join IALLT at http://iallt.org. Otmar Foelsche, LLTI-Editor ([log in to unmask]) ***********************************************