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Main events in 2007

Changes in Vaisala's Management

Matti Ervasti, born in 1955, M.Sc. (Chem.), was appointed Sales and Marketing Director as from May 15, 2007; Ari Meskanen, born in 1963, M.Sc. (Eng.), eMBA, was appointed Chief Technology Officer as from May 1, 2007; Scott Sternberg, born in 1964, M.Sc. (Phys.), was appointed Director of Vaisala Services as from June 1, 2007; Antti Ritvos, born in 1953, M.Sc. (Eng, Tech Physics), BA (Physics and Astronomy) was appointed Director of Vaisala Solutions as from November 15, 2007; Lauri Rintanen, born in 1955, M.Sc. (Eng.) was appointed Director of Operations as from November 1, 2007; Tapio Engström, born in 1963, M.Sc. (Accounting), was appointed Director of Business Development as from November 1, 2007; and Helena Marjaranta, born in 1963, M.A. (English philology, Communication and Organizational Psychology) was appointed Communications Director as from December 1, 2007.

Vaisala seeks growth from service and solutions business

Vaisala responds to the growing demand for services and solutions by streamlining its operations and simplifying its organization. All current service operations will be centralized under a new Vaisala Services division. Vaisala Solutions division will focus more clearly on comprehensive solutions. Vaisala assembly, production, procurement and deliveries will be centralized under a new Operations unit. Read more >>

Vaisala received its first weather radar orders

Vaisala received its first weather radar orders. The orders include a total of five dual-polarization radars, which carry Sigmet signal processors and application software. When fully realized, the total value of the radar orders is approximately EUR 4 million. Deliveries will be carried out between November 2007 and June 2008. Read more >>

Vaisala to supply synoptic upper-air observation network to Canada

Vaisala won a contract with the Meteorological Service Canada (PWGSC) for the modernization of Canada's synoptic upper-air observation network. The contract term is ten years, and estimated value 27 million USD. The contract covers 35 sounding systems and corresponding services as well as radiosonde supply for ten years. It also includes options for further deliveries and support services. The deliveries start in October 2007. Read more >>

Vaisala signed a contract for the long-term supply of automatic weather stations

Vaisala has signed a contract with a long-standing customer for fixed base automatic weather stations for aviation operations use. The contract covers the supply of automatic weather stations and support services, and can be extended to the end of the year 2012. The estimated value of the contract is over 10 million USD. Read more >>

Vaisala rationalize its North American operations

Vaisala outsourced some of the Measurement Systems' production and reorganized its North American research and product development operations. The financial effects of this outsourcing are estimated to improve the division's annual profit by some EUR 2 million beginning from the 2008 financial year. As part of these measures, Vaisala had to let 14 persons go in the USA. Due to this measure, an expense of EUR 0.3 million has been recognized in the 2007 financial statements. Read more >>