F-Secure Acquires Steek SA

Acquisition to Strengthen F-Secure's Value-Added Service Offering and
Competitiveness with ISPs and Mobile Operators Globally
SAN JOSE, Calif.--(Business Wire)--
F-Secure Corporation has announced the acquisition of Steek SA, a leading
European software provider for online storage and data management solutions to
fixed line and mobile operators. Steek SA is recognized for its services that
enable consumers to store, share and manage personal digital content with PCs
and mobile phones.

The acquisition further strengthens F-Secure's position as the leading Software
as a Service (SaaS) partner for ISP and mobile operators globally. The acquired
solutions and operator partnerships are highly complementary to F-Secure's
existing business. The combined operations extend F-Secure's growth
opportunities within the rapidly developing fixed and mobile broadband services
market.

Kimmo Alkio, President and CEO of F-Secure Corporation said, "By bringing the
Steek technology and operator partnerships into F-Secure, we are further
strengthening our competitive position in the Software as a Service markets.
This acquisition is a natural step in F-Secure's strategy to broaden our Value
Added Service (VAS) offerings to consumers. The rapidly developing online
storage market gives us great opportunity to accelerate our operator revenue
growth. This acquisition strongly supports our pursuit of driving innovation and
growth for Internet related services."

During the second half of 2009 (after the consolidation) the acquisition is
estimated to improve the Group's operator revenues by EUR 2-3 million (approx.
$2.8 - $4.2 million US) and be slightly EPS dilutive. In the long term,
management estimates that the acquisition will improve the Group's operator
revenues significantly and it is estimated to be EPS accretive already during
2010.

Under the terms of the agreement, the cash and debt free purchase price is EUR
27.5m (approx. $38.4m US). In addition, F-Secure may pay in 2010 an additional
purchase price of a maximum of EUR 2.5m (approx. $3.5m US) based on the
performance of the acquired business. The transaction price will be paid in cash
and financed with the company's liquid assets. The acquisition has been signed
and closed. The acquired company will be consolidated to the Group from the
beginning of July 2009.

Steek SA was founded in 2002 in Bordeaux, France and was privately owned by
Venture Capital firms Innovacom, AGF Private Equity and the management. Steek
has an operator centric strategy to develop and deliver online storage and data
management related software services for the individual consumer and for small
and medium-sized businesses. Its operator partner network includes SFR (France),
Virgin Media (UK), TDC (Denmark), Singtel (Singapore) and Terra (Spain) that
have all together more than 2.2 million active users. As a growth company,
Steek's 2008 revenues grew over 300% to EUR 2.5m and showed a net loss of EUR
0.7m. The company currently employs 50 people.

About F-Secure Corporation

Innovation, reliability and speed of response - these are the qualities that
have made F-Secure one of the world`s leading IT security providers since the
company was founded in 1988. Today F-Secure`s award-winning and easy-to-use
products are trusted in millions of homes and businesses around the world. We
provide powerful real-time protection that works quietly and smoothly in the
background, so computer and smartphone users can enjoy the benefits of connected
life to the full. F-Secure`s solutions are available as a service subscription
through more than 180 Internet service providers and mobile operator partners
around the world, making F-Secure the global leader in this market. F-Secure has
been listed on the NASDAQ OMX Helsinki Ltd since 1999. The company has
consistently been one of the fastest growing publicly listed companies in the
industry. The latest news on real-time virus threat scenarios is available at
the F-Secure Data Security Lab weblog at http://www.f-secure.com/weblog/.

LEWIS PR for F-Secure
Monica Appelbe, 415-992-4400
fsecureus@lewispr.com

Copyright Business Wire 2009