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Quartal Group starts a business through a new subsidiary

Press release - 19th of September 2007

Helsinki, 19th of September 2007. Quartal Group is expanding its operations by starting a new subsidiary called Quartal Corporate Governance Solutions (Quartal CGS). The new company provides a high-quality service supporting first-class corporate governance processes aimed at public and private corporations.

Quartal CGS offers a centralized solution for board work to ensure proper diligence and integrity, smooth distribution of information and confidential communication. The solution guarantees that information will always be secure and in the hands of the Board regardless of time or geographical location. The purpose is also to advance corporate governance processes and thus increase quality and transparency of board work

“Corporate Governance as a phenomenon in the western countries is here to stay. We want to help our clients to reach a new level with their Corporate Governance processes and board work activities” comments Aarne Aktan, Group CEO of Quartal.

Aarne Aktan, CEO of Quartal Group, will be heading up Quartal CGS. Mika Ahorinta will be responsible for product development and Riina Ahonen will be in charge of production and client services. Both above-mentioned persons have previously been working for other Quartal Group companies.

Quartal Group delivers high-quality software solutions and related services for the needs of the Asset Management Industry, Online Investor Relations and first-class Corporate Governance Processes. Quartal is located in Frankfurt, Helsinki, Würzburg and Zürich. The group employs 75 persons.

For additional information please contact:

Aarne Aktan, CEO, Quartal Group

+ 358 (0)40 7740204