Heikki Hiltunen

Business Finland together with Metsä Group is creating the Metsä pavilion for the 2020 summer Olympics and Paralympics in the grounds of Embassy of Finland in the heart of Tokyo. The pavilion will operate as the official National Hospitality House during the Olympics and Paralympics for Finnish teams. digital locking systems Among the topics promoted in the pavilion are smart energy, sustainability, digitalization, health and wellbeing Among the topics promoted in the pavilion are smart energy, sustainability, digitalization, health and wellbeing. It was a logical decision therefore that iLOQ would be a partner of the Metsä pavilion, and deliver its self-powered, digital locking system to the house. iLOQ is an innovator in the locking industry and has a strong portfolio of safe and sustainable products that maximize safety and minimize administration and lifecycle costs. iLOQ’s mobile and digital locking systems are self-powered and enable electronic locking without batteries or cables. They cater to the needs of industry and the utility sector by providing smart locking and secure and simple access management solutions for the buildings and spaces used daily. President and CEO of iLOQ, Heikki Hiltunen, commented: “We are delighted to showcase our state-of-the-art and environmentally friendly digital and mobile access management systems in the Metsä pavilion. This will open business opportunities for us in the Japanese markets and among Japanese customers and will help us establish new connections with partners in the region and globally”. Advanced remote control services In accordance with the Company’s environmental program, iLOQ conserves natural resources and the environment. For example, it maximizes the usability of their products, minimizes battery and metal waste, favors recyclable packaging and reduces the need for maintenance-related travel by developing advanced remotely control services. Every year, iLOQ’s solutions save 27,000 kg or battery waste and, compared to mechanical locking solutions, 7000 kg of metal waste. The aim of the pavilion is to provide Finnish companies with the opportunity to create new business in Japan and gain new contacts in the market. iLOQ – Metsa platform integartion We are happy to cooperate with iLOQ and present their locking solutions  “We are happy to cooperate with iLOQ and present their locking solutions among other leading Finnish technologies in the Metsä pavilion. We believe that Finland can offer numerous complementary products, services and innovations for Japan” states Petri Tulensalo, Head of Sports Cluster, Business Finland. Joni Lampinen, Chief Marketing Officer, explains: “We are looking forward to working closely with the Metsä pavilion and raising iLOQ’s brand awareness in Asia. We have a lot to offer customers and partners in the region, and they will be able to see this firsthand as our locking systems will be in use in the pavilion”.

On 5 October, iLOQ celebrated its 15th anniversary by hosting a unique business seminar and customer event in Helsinki, Finland. As a part of the celebrations, iLOQ CEO, Heikki Hiltunen, revealed the company’s new brand identity to staff, partners and key customers from Finland and abroad. “Anniversaries are a time to be proud of what we’ve achieved so far; but they also give us the chance to focus on the next stage in our journey, and to a future that’s full of potential. Our new slogan – Making life accessible – is more than just a customer promise. “It is a philosophy that drives us as a company. It communicates that we choose to be present in people’s everyday lives, bringing security and ease to both customers and end users across a wide scope of applications all around the globe. We are in the business of offering people, businesses and organizations freedom from the limitations of the mechanical lock and key,” sums up Heikki Hiltunen. NFC-Enabled Mobile Access Technology The company’s innovative technology and software enable electronic locking without batteries or cables to significantly lower maintenanceiLOQ’s self-powered digital locking and mobile access management solutions have already revolutionized the locking industry. The company’s innovative technology and software enable electronic locking without batteries or cables to significantly lower maintenance and lifecycle expenses. While keyless, NFC-enabled mobile access technology and secure cloud-based access sharing simplify daily operations and save time and resources in the utilities industry. “Our business has grown consistently, expanding into new markets, applications and technologies. Our renewed brand is one way of reflecting how far we have come, where we are today, and where we see ourselves in the future,” states Heikki Hiltunen. The strong values on which the company has been founded are still as relevant today as they were 15 years ago. iLOQ remains dedicated to challenging convention and creating solutions that deliver unbeatable performance in terms of reliability, efficiency and sustainability. “In short, at iLOQ, we’re dedicated to putting people first,” explains Joni Lampinen, Chief Marketing Officer, iLOQ. “As we continue to grow, we will continue to focus on what makes us unique and competitive. We are leading innovators in self-powered digital and mobile access management, providing solutions designed to make life easier.”

iLOQ has signed an agreement with leading residental developer Bonava Finland Oy. Under the agreement, the majority of new buildings developed by Bonava will be equipped with iLOQ’s unique digital locking and access control solutions. The agreement is initially valid until the end of 2020. iLOQ will supply unique self-powered locking and access management solutions to buildings developed by Bonava“We are happy about the upcoming collaboration. The new agreement with Bonava shows that digital access control has made its way into new construction. Digital access management will replace mechanical locking in the future, and this is a change where iLOQ is at the very forefront. The agreement is also a strong indication of us reaching a point in our growth where we are more strongly present in the production of new buildings,” says Heikki Hiltunen, President & CEO of iLOQ. iLOQ will supply unique self-powered locking and access management solutions to buildings developed by Bonava. The agreement aims to increase collaboration between iLOQ and Bonava and makes iLOQ’s self-powered locking and access management solutions available to an increasing number of tenants. Digital Locking System For Tenants’ Security With iLOQ’s locking system, the tenant can move around the neighbourhood using a single key with access rights that can be modified"“This is a fine step for Bonava and provides a good starting point for future living solutions. Bonava wants tenants to be able to move around in their neighborhood easily and safely, which is possible with a digital locking system. With iLOQ’s locking system, the tenant can, for example, move around the neighborhood using a single key with access rights that can be modified. New lock series are not necessary if the key is lost and using the key also leaves a mark that makes it easy to track possible misuses,” says Kaisu Nousiainen, Head of Design and R&D at Bonava. “Digital locking and access management are strongly linked with the living of the future, and we are a pioneer in the digitalisation of the locking industry. People are interested in smart home technology. Digital development makes the everyday lives of tenants and other users significantly easier. Due to the collaboration, an increasing number of tenants are able to enjoy the security digital access management brings,” states Toni Päivinen, Head of Sales Finland at iLOQ.

iLOQ, an innovative and fast growing digital access management company, has appointed Heikki Hiltunen as the new CEO and President as of 1st August, 2017. Hiltunen has a long and successful background in industrial automation in a global business environment. Currently, he is the Senior Vice President responsible for Sales, Marketing, and After Market Services at Danfoss Drives Segment. Prior to Danfoss, Hiltunen was the Executive Vice President, Market Operations at Vacon Plc. Industrial Automation “I am proud and excited to join iLOQ team. I am 54 years old and I have been in the drives and industrial automation business for 30 years. Now, I am excited to start a new chapter in a new role, and in a completely new type of business. iLOQ is not only about technology transformation. It also enables new business models and a new level of service within access management,” says Heikki Hiltunen.Vice President Esa Myllylä has been acting as the Interim CEO at iLOQ since March 2, 2017. He will continue as the Executive Vice President. The Former CEO and founder Mika Pukari continues as a Board member. Electronic Lock Cylinder “I am extremely happy to welcome Heikki to iLOQ team. His broad experience will be extremely valuable for us as we step up our growth pace, and it will allow me to focus on my duties as a member of the Board,” says Mika Pukari. As all the infrastructure around buildings, also access management and locks are going through a fundamental transformation, where new digital technologies play an important role. iLOQ has uniquely solved a lot of problems to enable a truly digitalized access management. iLOQ is the first and the only electronic lock cylinder in the world that self-powers by harvesting electricity from key insertion. "I feel that together with the iLOQ team we can build this into a truly global success story" Continued Business Growth“I have personally known Heikki for a long time, and I am confident that he can lead iLOQ towards its ambitious growth targets, and into the truly global company that it deserves to be,” iLOQ Chairman Veijo Karppinen summarizes. iLOQ was established in 2003. In 2016, its revenues totaled 33,7 MEUR (increase +46 % from 2015), and it has about 70 employees. iLOQ has received several awards for its products and technology including 2016 Detektor International Award for ‘Best Access Control Product’ and Deloitte technology FAST 50 Finland for ‘Fastest growing technology company in Finland'.“I love to work with technology in a global context. I feel that together with the iLOQ team we can build this into a truly global success story. I can’t wait to get going,” Hiltunen says.