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PONSSE TO DEVELOP COMPETITIVENESS IN NORTH AMERICA
PONSSE OYJ STOCK EXCHANGE BULLETIN 26 APRIL 2005 AT 9 A.M.
PONSSE TO DEVELOP COMPETITIVENESS IN NORTH AMERICA Established in 1995, Ponsse USA, Inc. will extend its operations to cover all North American operations and be renamed Ponsse North America Inc. Assuming total responsibility for the development of Ponsses maintenance and distribution network in North America, the company will extend its distribution network through private dealers. Its dealers in Canada include A.L.P.A. Equipment Ltd., Hydromec Inc. and ReadyQuip Equipment Sales Ltd. "This reorganisation will intensify our presence, customer and dealer support and improve our cost-efficiency and organisational competitiveness in the expanding North American market", explains Arto Tiitinen, Ponsse Oyjs President and CEO. With its North American headquarters based in Rhinelander, Wisconsin, the company also runs service centres in Michigan and Minnesota. Mikko Laurila (34), Ponsse USA, Inc.s President, will continue as the new companys President. Vieremä, 26 April 2005 PONSSE OYJ Arto Tiitinen President and CEO FOR MORE INFORMATION, PLEASE CONTACT: Arto Tiitinen, President and CEO, Ponsse Oyj tel. +358 20 768 8621 Mikko Laurila, President, Ponsse North America Inc. tel. +1 715 367 4836, +358 40 722 9838 DISTRIBUTION Helsinki Exchanges Main media www.ponsse.com