Mr Matti Packalén, Mr Paul G Fullagar, Mr Ken-ichi Hatta and Mr Rauno Toivonen form the new Teamware Group Board of Directors. Mr Packalén holds the position of Chairman of the Board (see picture). The Board members represent the ownership structure of the company effective since April 2002. 3i holds 46 %, Fujitsu 43 % and current management 11 % of the company.

Matti Packalén acts as a member of Board of Directors in several companies. He is among others the former President and CEO of media company Alma Media Corporation.

Paul G Fullagar is currently non-executive Deputy Chairman of Staffware Plc, world leader in process automation software, having overseen its growth from a small private company through to its successful listing in 1996.

Ken-ichi Hatta is Group Executive Vice President of Platform Business Development and Management in Fujitsu, responsible for the computer hardware, software and peripherals divisions. Mr Hatta has been member of Teamware Groups Board since 1998.

Rauno Toivonen has been President and CEO of Teamware Group since April 2000. Mr Toivonen has held a number of positions with the company since he joined Teamware in 1996.