ComTel SpA — Earnings Release 2012

Jun 15, 2012

Comptel reduces its guidance for 2012

Comptel reduces its guidance for 2012

Comptel Corporation Stock Exchange Release, 15 June 2012 at 11.30 am

Comptel reduces its guidance for 2012

Comptel reduces its financial guidance for 2012 given in April due to a weaker
than expected development of the Group's net sales and costs during the second
quarter of the year. Comptel's 2012 operating profit excluding one-off items is
estimated to represent 0 - 5 per cent of net sales. Due to the impairment loss
and one-off items, operating result is estimated to remain negative. Net sales
are estimated to grow approximately 10 per cent from 2011.

According to earlier guidance, net sales were expected to grow over 10 per cent
in 2012 from the previous year. Following the impairment loss, operating result
was estimated to remain negative and operating profit excluding one-off items
to represent 5 - 10 per cent of net sales.

The operating result for the second quarter this year will be impaired by costs
related to project deliveries and marketing as well as an increase in bad debt
provision. Revenue from license sales will remain low.

Comptel will initiate actions to improve its profitability. The company aims to
achieve cost savings of approximately EUR 10 million on annual level. Comptel
will continue to invest in its strategic focus areas.

COMPTEL CORPORATION
Juhani Hintikka
President and CEO

For further information please contact:
Juhani Hintikka, President and CEO, tel. +358 9 700 1131

Distribution:
NASDAQ OMX Helsinki
Major media
www.comptel.com

Since 1986, Comptel has helped more than 280 service providers across 85
countries meet over one billion subscribers' communications and infotainment
needs. Comptel's solutions are built on an event - analysis -
action strategic framework that leverages the company's strengths in event data
processing and advanced predictive analytics to enable real-time action.
Comptel's service fulfillment, mediation, charging and policy control, and
predictive social analytics products with implementation and professional
services enable service providers to enhance customer engagement and, in turn,
create revenue, reduce costs and lessen churn. Comptel has a global team of
nearly 700 professionals, and net sales were EUR 77 million in 2011. For more
information, visit www.comptel.com