YIT AND TURVATIIMI AGREE ON THE OUTSOURCING OF SECURITY SYSTEM INSTALLATION AND MAINTENANCE OPERATIONS

 YIT AND TURVATIIMI AGREE ON THE OUTSOURCING OF SECURITY SYSTEM INSTALLATION AND  MAINTENANCE OPERATIONS                                                          

YIT and Turvatiimi Corporation have today signed an agreement on the transfer of project, installation, servicing and maintenance operations of image surveillance, access control, burglar alarms and related security systems to YIT Kiinteistötekniikka Oy through a business transfer from the beginning of 2011. 

In connection with the business transfer, nine people employed by Turvatiimi in  Helsinki, Pori and Seinäjoki will join the service of YIT Kiinteistötekniikka Oy as old employees at the beginning of 2011.                                      

In addition, the companies have entered into an agreement under which YIT        provides the security technology installation and maintenance services for       Turvatiimi's customers. The aim is to develop business processes in cooperation  and introduce even more efficient services and forms of operation into the       field.                                                                          

“Turvatiimi continuously develops service solutions aimed at taking care of the  security of our customers' operations, property, personnel and customers in all  conditions. The new service concepts are based on possibilities enabled by       technical development, and therefore we wanted the best possible partner to      serve our customers in the installation, servicing and maintenance operations    related to our service products. For the Turvatiimi personnel now joining YIT,   the new employer offers a large working community of building systems            professionals and an opportunity to continue development as top professionals of security technology,” says Pekka Lindeman, Turvatiimi's Managing Director.      

YIT Building Systems is a leading provider of building system solutions and      technical building services in Finland. Our service offering also includes       security technical services and solutions for properties.                       

“Our aim is to further increase the comprehensiveness of our service range to    more broadly cover security technology services as well. Turvatiimi is a         significant player in the security services sector, and we are confident that    our cooperation will produce developing forms of operations for the field.       Through our extensive network of local offices we can also bring the security    technology services close to customers. The personnel joining us will reinforce  our know-how through their own professional skill and experience,” says Pekka    Pöykkö, Senior Vice President, YIT Kiinteistötekniikka.                         

 For further information, please contact:                                          Pekka Pöykkö, Senior Vice President, YIT Kiinteistötekniikka Oy,  telephone +359(0)400 618 151, pekka.poykko@yit.fi 

Pekka Lindeman, Managing Director, Turvatiimi Corporation,  telephone +358(0)400 445 171, pekka.lindeman@turvatiimi.fi 



YIT Corporation                                                                 

Virva Salmivaara                                                                 Senior Vice President, Corporate Communications                                  

Distribution: Principal media, local media, www.yit.fi                           

YIT is a leading European service company in building systems, construction      services and services for industry. We build, develop and maintain quality       living environments in the Nordic countries, Russia, the Baltic countries and    Central Europe. In 2009, YIT's turnover was EUR 3.5 billion. The Group has more  than 25 500 employees. YIT's shares are listed on NASDAQ OMX Helsinki. The       market leader in its industry in Finland, Building Systems produces all services related to the installation, maintenance and repair of building systems and      services related to the use of the facilities.                                  

Turvatiimi is a leading Finnish service company in the security sector. Its      turnover was more than EUR 27.3 million in 2009. The merging of Turvatiimi and   Otso palvelut Oy in July 2010 created an even stronger security service company  employing more than 1,000 people. The company's shares are listed on Nasdaq OMX  Helsinki Ltd in the Small Cap segment. Turvatiimi Corporation's parent company   is Atine Group Oy, which belongs to the Virala Corporation Group having a good   financial standing.