AFFECTO DELIVERS EMCS SYSTEM WORTH OVER FOUR MILLION EUROS TO LATVIAN STATE REVENUE SERVICE


AFFECTO PLC          STOCK EXCHANGE RELEASE          25 JANUARY 2008 at 10.40

AFFECTO DELIVERS EMCS SYSTEM WORTH OVER FOUR MILLION EUROS TO LATVIAN STATE
REVENUE SERVICE

The  IT  solution provider Affecto has signed a multi-year agreement with  the
Latvian state revenue service to deliver an Excise Movement and Control System
(EMCS). The value of the project is over four million euros.

The  project scope is in development, implementation and support of  EMCS  for
Latvian  state revenue service. Implementation of EMCS is part of  DG  TAXUD's
(Taxation  &  Customs  Union Directorate General) strategic  plan  to  improve
efficiency  of  work in European Union customs and tax administration  offices
utilising electronic information exchange.

The  Latvian  project starts in January 2008 and system will be delivered till
2010 by SIA Mebius IT, the Latvian subsidiary of Affecto.  The agreed  support
lasts until May 2013.  The project  employs  more  than 20 persons during  the
development phase. 

EMCS  (Excise  Movement  and  Control System) is  a  computerised  system  for
monitoring  movements  of  excise  goods  between  Member  States  under  duty
suspension.  It will replace the paper document that currently must  accompany
such  movements (the Administrative Accompanying Document or AAD).  EMCS  will
mean simplification of procedures, paperless administration, and effective use
of modern IT tools.



AFFECTO PLC
Pekka Eloholma
CEO


Additional information:
Pekka Eloholma, CEO, tel. +358 205 777 737
Kestutis Uzpalis, Director of Baltic operations, Tel. +370 5 212 3712


EU information about EMCS:
http://ec.europa.eu/taxation_customs/taxation/excise_duties/circulation_control/
index_en.htm