News

14th of August 2007

Experienced professionals to reinforce the growth of RFID company Idesco

Henrik Gayer and Juha Reinikka to join Idesco's management team

Idesco Oy, owned by its operative management and Venture Capital management company Sentica Partners, is accelerating its growth with the help of experienced professionals. The company has appointed Mr Juha Reinikka, who has a very strong background in the field of electronics and automation, as the Chairman of the Board. Mr Henrik Gayer, who is an important influencer in ICT industry, has been nominated as a member of the Board. Mr Pentti Tuunala, the investment manager of Sentica Partners, is also a member of the Board.

The Chairman of the Board, Mr Juha Reinikka, has recently acquired an ownership of the company. His previous appointments include the posts of Manager of Automatic Solutions unit at Elektrobit Group and the Sales Director at the JOT Automation. Mr Henrik Gayer, who has worked in the IT industry since 1980's has a long history in management. He has previously worked, among others, at Digital Equipment Corporation Oy and Oy Compaq Computers Ab and his most recent position, which he left in January 2007, was at multi-industrial company Siemens Oy, where Mr Gayer worked as the Chairman of the Board and CEO.

Idesco to gain more foothold in the European market

“Idesco is a pioneer of proximity identification applications that are based on radio frequency. The company has a strong technical know-how and profitable business activities. With the new ownership we are looking for rapid development and international growth. Our new members of the Board are reinforcing these ambitions with their experience and strengths that complement each other. Mr Juha Reinikka has a strong competence in entrepreneurship, management and long-term business planning. Mr Henrik Gayer has a wide experienced in management in international business; he is familiar with the big companies and their lines of action. Mr Pentti Tuunala brings solid economical know-how and the business operations development model of Sentica Partners”, says Jari Valtonen, the CEO of Idesco.

Idesco has started its internationalization by founding a subsidiary to the United Kingdom in the spring of 2007. UK is one of the biggest markets in the security industry, and there is great potential to the RFID solutions provided by Idesco. The launch of Idesco UK Ltd has been successful and the first significant business negotiations in the field of access control have already started.