Nasdaq Helsinki Ltd: VIKING ACQUISITIONS CORP.'S TENDER OFFER FOR ALL ISSUED AND OUTSTANDING SHARES IN TECNOTREE COMMENCES ON 19 MARCH 2018

Viking Acquisitions Corp.

16 March 2018 at 13:15 (EET)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH
AFRICA OR HONG KONG OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER
WOULD BE PROHIBITED BY APPLICABLE LAW. 

VIKING ACQUISITIONS CORP.'S TENDER OFFER FOR ALL ISSUED AND OUTSTANDING SHARES
IN TECNOTREE COMMENCES ON 19 MARCH 2018 

Viking Acquisitions Corp. ("Viking" or the "Offerror") and Tecnotree
Corporation ("Tecnotree")  announced on 8 March 2018 that they had entered into
a transaction agreement under which Viking undertook to make a voluntary public
cash tender offer to purchase all of the issued and outstanding shares in
Tecnotree that are not owned by Tecnotree or any of its subsidiaries (the
"Tender Offer"). The Tender Offer was announced on 8 March 2018. 

The Finnish Financial Supervisory Authority has today approved the tender offer
document relating to the Tender Offer (the "Tender Offer Document"). The
acceptance period under the Tender Offer will commence on 19 March 2018 at 9:30
(Finnish time) and expire on 13 April 2018 at 16:00 (Finnish time) (the "Offer
Period"). The Offeror reserves the right to extend the Offer Period in
accordance with the terms and conditions of the Tender Offer. 

The price offered for each share validly tendered in the Tender Offer is EUR
0.10 in cash (the "Offer Price"). The Board of Directors of Tecnotree
unanimously recommends that the shareholders of Tecnotree accept the Tender
Offer. Shareholders representing approximately 41.45 percent of all the shares
and votes in Tecnotree have irrevocably undertaken to accept the Tender Offer. 

The Tender Offer Document will be available in Finnish from on or about 16
March 2018 onwards on the internet at www.evli.com/tecnotree and
www.tecnotree.com and in English from on or about 16 March 2018 onwards on the
internet at www.evli.com/tecnotree and www.tecnotree.com. 

Most of the Finnish book-entry account operators will send a notification of
the Tender Offer, including instructions and the relevant acceptance form to
their customers who are registered as shareholders in the shareholders'
register of Tecnotree maintained by Euroclear Finland Ltd. Shareholders who do
not receive such notification from their account operator or asset manager can
contact Evli Bank Plc where such shareholders shall receive necessary
information and can give their acceptance. 

A shareholder in Tecnotree whose shareholdings are registered in the name of a
nominee and who wishes to accept the Tender Offer shall affect such acceptance
in accordance with the instructions given by the administrator of their nominee
registrations. 

As permitted under Finnish law, the Offeror may also purchase shares in
Tecnotree on Nasdaq Helsinki Ltd ("Nasdaq Helsinki") or otherwise prior to the
expiry of the Offer Period or the extended Offer Period, as the case may be, at
a price not exceeding the Offer Price. 

The terms and conditions of the Tender Offer are enclosed in their entirety to
this stock exchange release (Appendix 1). 

FURTHER INFORMATION

  -- Harri Koponen, chairman of the Board of Tecnotree, phone [phone]

  -- Padma Ravichander, CEO of Tecnotree, phone [phone]
  -- Mike Shinya, President of Viking, phone [phone]

Tecnotree in brief:

Tecnotree is a global supplier of telecom IT software products and solutions,
for charging, billing, customer care, messaging and content management
services.  The Company's product portfolio comprises virtually the full range
(order-to-cash) business management solutions for telecom operators, with
standard solutions for fixed networks, mobile services and broadband and for
managing subscriptions, services and cash flows for prepaid and post-paid
customers. 

Tecnotree is listed on Nasdaq Helsinki (TEM1V). For more information, please
visit www.tecnotree.com. 

Viking in brief:

Viking is a corporation incorporated and existing under the laws of Delaware,
the United States. Viking and its affiliates focus on buying, strengthening and
growing software companies worldwide. 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH
AFRICA OR HONG KONG OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER
WOULD BE PROHIBITED BY APPLICABLE LAW. 

THIS RELEASE IS NOT A TENDER OFFER DOCUMENT AND AS SUCH DOES NOT CONSTITUTE AN
OFFER OR INVITATION TO MAKE A SALES OFFER. IN PARTICULAR, THIS RELEASE IS NOT
AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES
DESCRIBED HEREIN, AND IS NOT AN EXTENSION OF THE TENDER OFFER, IN THE UNITED
STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG. INVESTORS SHALL
ACCEPT THE TENDER OFFER FOR THE SHARES AND OPTION RIGHTS ONLY ON THE BASIS OF
THE INFORMATION PROVIDED IN A TENDER OFFER DOCUMENT. OFFERS WILL NOT BE MADE
DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE EITHER AN OFFER OR
PARTICIPATION THEREIN IS PROHIBITED BY APPLICABLE LAW OR WHERE ANY TENDER OFFER
DOCUMENT OR REGISTRATION OR OTHER REQUIREMENTS WOULD APPLY IN ADDITION TO THOSE
UNDERTAKEN IN FINLAND. 

THE TENDER OFFER IS NOT BEING MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION
WHERE PROHIBITED BY APPLICABLE LAW AND, WHEN PUBLISHED, THE TENDER OFFER
DOCUMENT AND RELATED ACCEPTANCE FORMS WILL NOT AND MAY NOT BE DISTRIBUTED,
FORWARDED OR TRANSMITTED INTO OR FROM ANY JURISDICTION WHERE PROHIBITED BY
APPLICABLE LAW. IN PARTICULAR, THE TENDER OFFER IS NOT BEING MADE, DIRECTLY OR
INDIRECTLY, IN OR INTO, OR BY USE OF THE POSTAL SERVICE OF, OR BY ANY MEANS OR
INSTRUMENTALITY (INCLUDING, WITHOUT LIMITATION, FACSIMILE TRANSMISSION, TELEX,
TELEPHONE OR THE INTERNET) OF INTERSTATE OR FOREIGN COMMERCE OF, OR ANY
FACILITIES OF A NATIONAL SECURITIES EXCHANGE OF, THE UNITED STATES, CANADA,
JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG. THE TENDER OFFER CANNOT BE
ACCEPTED, DIRECTLY OR INDIRECTLY, BY ANY SUCH USE, MEANS OR INSTRUMENTALITY OR
FROM WITHIN THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG
KONG.

Attachment:
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