PANTHER SECURITIES : Sigurd Skotte appointed Managing Director of Ponsse AS

PONSSE PLC STOCK EXCHANGE RELEASE 31 MAY 2011 AT 1:00 PM

Vieremä, Finland, 2011-05-31 12:00 CEST (GLOBE NEWSWIRE) --  

Sigurd Skotte appointed Managing Director of Ponsse AS

Sigurd Skotte (48), Master of Forestry, has been appointed Managing Director of Ponsse AS, a subsidiary of Ponsse Plc. The appointment will take effect on 1 September 2011. The current Managing Director of Ponsse AS, Lyder Ellevold, will retire part-time but will continue to work for Ponsse AS, being responsible for marketing-related project assignments.

Sigurd Skotte will transfer to Ponsse AS from Tretorget AS, where he has worked as a project manager in the forest sector. Mr Skotte has been employed by Ponsse AS previously from 2005 to 2007, during which time he was responsible for marketing and worked as a salesperson.

Sigurd Skotte will report to Jarmo Vidgrén, Sales and Marketing Director of Ponsse Plc, and his office will be located in Kongsvinger, Norway. 

Vieremä, 31 May 2011

PONSSE PLC

Juho Nummela

President and CEO

FURTHER INFORMATION:

Juho Nummela, President and CEO, Ponsse Plc, tel. [phone] 

DISTRIBUTION

NASDAQ OMX Helsinki Ltd 

Principal media

www.ponsse.com

Ponsse Plc is a company specialising in the sales, manufacture, servicing and technology of cut-to-length method forest machines and is driven by genuine interest in its customers and their business.Ponsse develops and manufactures sustainable and innovative harvesting solutions based on customers’ needs.

The company was established by forest machine entrepreneur Einari Vidgrén in 1970, and it has been a leader in timber harvesting solutions based on the cut-to-length method ever since.Ponsse is headquartered in Vieremä, Finland.The company’s shares are quoted on the NASDAQ OMX Nordic List.