Vertu Looks to the Future Following Purchase by EQT VI

            Vertu Looks to the Future Following Purchase by EQT VI

  PR Newswire

  LONDON, October 15, 2012

LONDON, October 15, 2012 /PRNewswire/ --

Vertu, the market leader in luxury mobile phones, is looking forward to a
bright future following the sale of the business from Nokia to EQT VI.

With plans in place for further investment into the business and a strong
product roadmap in development it will allow the brand to present an increased
offering to both existing and new Vertu customers.

Vertu CEO Perry Oosting will continue to lead the business having successfully
done so since 2009. Oosting and his management team will be supported by a
newly appointed non-executive board, chaired by former Nokia Executive Anssi
Vanjoki.

" This is a logical and exciting new chapter for the Vertu brand " said Perry
Oosting. " We believe that under the ownership of EQT VI our talented
workforce, management team and non-executive board will form a formidable
proposition to drive the business to the next level " .

Nokia retains a 10% minority shareholding in Vertu.

Vertu is the pioneer and leading manufacturer of luxury mobile phones. Created
to complement the discerning customer ' s lifestyle, Vertu offers tailored,
luxury services in combination with the finest in design, engineering and
manufacture. With three distinct collections- Signature, Ascent and
Constellation- Vertu uses innovations in manufacturing technology with
traditional technology with traditional craftsmanship, assembling each phone
at the company ' s headquarters in  England . Vertu is available in over 500
stores, including over 70 Vertu boutiques, in 66 countries worldwide. For more
information please visit http://www.vertu.com

For further media information, please contact: Louisa McCarthy, Neville
McCarthy Associates louisa@nevillemccarthy.com Tel:+44(0)20-7940-2900
 
Press spacebar to pause and continue. Press esc to stop.