First Elcoteq Forum a Success

Elcoteq SE Press Release October 29, 2008 at 11.00 am (EET) FIRST ELCOTEQ FORUM A SUCCESS The first-ever Elcoteq Forum was held on October 28, 2008 in the Dolder Grand Hotel in Zurich, Switzerland. Hosted by Elcoteq's Communications Networks Business Area, numerous Swiss and European technology industry leaders took part. The majestic Hotel and its beautiful surroundings provided participants with abundant benchmarking and networking opportunities. The event began with a highly informative presentation about trends in globalization and the changes and challenges facing European industry in 2009. The keynote speech was given by Professor Dr. Paul Schönsleben, well known for his work at Zurich's ETH University. Mr. Bruno Cathomen, Vice President, Sales and Business Development, Communications Networks Business Area, Elcoteq, then presented the host's perspective on globalization and the realities of communications technology manufacturing in Europe. An open and fruitful discussion followed. "Globalization still offers strong growth potential for the communication technology industry and other industries in Europe and Asia," Mr. Cathomen said at the event. "Globalization shows risks but also opportunities for key industries. Focusing on engineering competence and education still are keys for European and Swiss industrial companies", said Dr. Schönsleben. The Elcoteq Forum is a platform for decision makers in related industries that offers information about current topics in the communications technology industry. The target is to view and analyze trends, opportunities and challenges in global markets from a variety of perspectives. To learn more about the latest developments and key drivers in the EMS and communications technology industries, log on to the Elcoteq blog at www.elcoteq-blog.com ELCOTEQ SE Carsten Barth Director, Marketing and Communications About Elcoteq Elcoteq SE is a leading electronics manufacturing services (EMS) company in the communications technology field. Elcoteq's global service offering covers the entire lifecycle of products, from product development to after market services. By further combining mechanics expertise into its service offering, Elcoteq's vision is to be a leading integrated electronics manufacturing services (IEMS) company. Elcoteq provides global end-to-end solutions consisting of product development services, supply chain management, NPI, manufacturing, and after market services for the whole lifecycle of its customers' products. These products include Personal Communications products such as mobile phones and their parts, Home Communications products such as set-top boxes and electronics for flat panel TVs as well as Communications Networks products such as base-stations, tower-top amplifiers, and microwave systems. Elcoteq operates in 15 countries on four continents and employs some 21,000 people. The Group's consolidated net sales for 2007 totaled 4.0 billion euros. Elcoteq SE is listed on the Nasdaq OMX Helsinki Ltd. For more information visit the Elcoteq website at www.elcoteq.com. This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.