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TJ Group subsidiary PlanMill Ltd's PSA solution to improve Iocore Plc's project operations

Press Release November 19, 2002 - PlanMill Ltd, a Professional Services Automation (PSA) provider  that is part of TJ Group, will deliver the browser-based PlanMill PSA  solution to Iocore Plc and Iocore Finland Ltd.

Iocore offers electronic business solutions to Finland's leading companies and its nearly 150 IT specialists will use the PlanMill PSA system for improving project, resource and time management and invoicing. The delivery project will start immediately and it is estimated to take about 6-8 weeks. The parties have agreed not to disclose the value of the deal.

- We implement very demanding projects for Finland's best companies. We wanted a system that will correspond with the needs of our project-oriented business and its operational processes. Among several offered systems, the PlanMill PSA solution stood out especially because of its ease-of-use, advanced functions that can be integrated with other systems, and cost-effectiveness, says Kari Katajamäki, CEO of Iocore.

- We are very pleased that Iocore, a significant provider of electronic business solutions, considered that our system's ease-of-use, integration possibilities and functionalities fulfill their needs best, says Thomas Hood, CEO of PlanMill.

- With the effective PlanMill implementation model, we can offer our customers a fast implementation of the entire PSA system, thus enabling them to capitalize the benefits of the system as soon as possible, says Hood. - It is important for us to be a close partner of Iocore as it further develops its project-oriented business model and continues to grow.

For additional information, please contact:
CEO Thomas Hood, PlanMill Ltd
Tel. +358 40 558 5138 or thomas.hood@planmill.com
www.planmill.com

Director Tom Puusola, Iocore Finland Ltd
Tel.  +358 9 3747 8400 or tom.puusola@iocore.fi
www.iocore.fi

About PlanMill
PlanMill Ltd is a leading provider of user-friendly PSA (Professional Services Automation) and EPM (Enterprise Project Management) solutions. Solutions by PlanMill help project-oriented organizations to improve the control of personnel, projects and business processes, which in turn improves their productivity and profitability. PlanMill was the first PSA software in the world to receive the respected Microsoft Windows 2000 certification. PlanMill solutions have been deployed to more than 60 leading service companies and IT and R&D divisions of companies in more than 12 countries he customers of PlanMill Ltd include Digita, Nordea, Raiffeisen, Skandia, Sofia Digital, TJ Group, and Tecnomen. The offices of PlanMill Ltd are located in Helsinki, and the company has established an authorized dealer network to Austria, Switzerland, and Germany. PlanMill is TJ Group Plc's subsidiary. Additional information: www.planmill.com

About Iocore
Iocore Plc builds and manages electronic business for many of the leading Finnish companies and it is listed in the Helsinki Exchanges. Iocore Plc's subsidiary Iocore Finland Ltd takes care of the business operations for Iocore Plc.  Iocore has subsidiaries also in Belgium, the Netherlands, and France. At the end of the financial year in September 2001, the net sales of the Iocore group were more than EUR 13 million. The number of employees is more than 180. Iocore Plc is part of the global Mican Ltd group. Additional information: www.iocore.fi

PLANMILL OY

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Info: info@planmill.com