Tapio Niskanen appointed as the Head of BIQ Unit

Tapio Niskanen (48), (M.Sc.(Eng.)), has been appointed as Senior Vice President, Business Infrastructure and Quality, as of 7 April 2008. He will be a member of VTI Management Group and report to the CEO of VTI.

Tapio Niskanen is coming to VTI from Nokia Corporation where he has worked over ten years in different senior management positions in process, system and application develoment areas in Nokia Business Infrastructure organization.

Further information

Markku Hirvonen, CEO, VTI Technologies Oy, tel. +358 9 879 181, markku.hirvonen(@)vti.fi

VTI in Brief

VTI Technologies is a global market leader of low-g acceleration sensors for automotive industry applications and Cardiac Rhythm Management (CRM). Application areas for the company's motion and pressure sensors include the automotive industry, sports & wellness, medical & instruments as well as handheld terminals.

VTI develops and produces silicon-based capacitive sensors using its proprietary 3D MEMS (MicroElectroMechanicalSystem) technology, with application areas in acceleration, inclination, shock, vibration, angular rate and pressure measurement.

VTI is owned by EQT III private equity fund. VTI's net sales in 2006 totaled €72,4 million and the company has approx. 700 employees. Along with the head office in Finland and the global partner network, VTI's international sales and marketing network includes offices in Germany, USA, Japan and China. Besides Finland, VTI also has manufacturing operations in Mexico. More than 99% of the company's products are sold on international markets.