Superb Business Experience into Picosun Board

ESPOO, Finland, December 2, 2013 /PRNewswire/ --

Picosun Oy, the leading Atomic Layer Deposition (ALD) equipment manufacturer, has elected a new Board of Directors in the company's General Shareholders' Meeting.

The Board consists of five members. Mr. Kustaa Poutiainen continues as the Chairman of the Board and Dr. Tuomo Suntola, the inventor of the ALD method, and Professor Jorma Routti as Board Members. The two new Board Members are Mr. Hannu Turunen, co-founder of the successful network security company Stonesoft Oyj and one of the capital investors who recently placed a significant investment on Picosun, and Mr. Jukka Jäämaa, the Head of Global Operations of Philips Lighting. Mr. Jäämaa and Mr. Turunen both have diverse, extensive industrial backgrounds and prominent presence in the Finnish and international business scene. Prior to his position at Philips, Mr. Jäämaa has held leading positions at Elcoteq, Perlos, and Moventas, whereas Mr. Turunen made a career at Oracle before co-founding Stonesoft.

Picosun's finance department too will start the year 2014 with a new head, when Mr. Mikael Nyberg, also of Stonesoft background, will start his work as the company's Chief Financial Officer.

"In addition to the recent monetary investments our company received, the entrance of experienced, successful, and creative entrepreneurial minds to the Picosun team is an enormous asset to the company's human capital. The top-notch business expertise of the new Board will realize Picosun's leap into a completely new era as a company," summarizes Mr. Kustaa Poutiainen, Chairman of the Board of Picosun.

Picosun's world leading ALD technology enables industrial leaps into the future by novel, cutting-edge coating solutions, with four decades of pioneering, groundbreaking expertise in the field. Today, PICOSUN™ ALD systems are in daily production use in numerous prominent industries around the globe. Picosun is based in Finland, it has its subsidiaries in USA and Singapore, and world-wide sales and support network.

SOURCE Picosun Oy



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