TELESTE CORPORATION STOCK EXCHANGE RELEASE 9.8.2006 AT 11.00
TELESTE RECEIVES ADDITIONAL ORDERS FROM KABEL DEUTSCHLAND
Teleste has received additional orders worth one million euros
from Germany's largest cable operator Kabel Deutschland for an
upgrade in their BK network in Bavaria. With the upgrade the
network capacity is raised from 450 MHz to 630 MHz.
The deliveries will take place during the 4th quarter of 2006.
Teleste is an international technology group founded in 1954,
which is specialized in broadband data communication systems and
solutions. The group is divided into two Strategic Business Units:
Broadband Cable Networks and Video Networks. Broadband Cable Networks
serves cable operators and a major part of its business activities
are handled through direct customer contact. Video Networks supplies
solutions for optical signal transmission and video network
management software solutions for video surveillance and a major
part of its business is handled through system integrators. Both
Business Units are among the leading providers in their market
areas and are globally recognised for their know-how and ability
to produce technically cutting edge solutions year after year.
In 2005 the group's net sales in continuing business totalled
EUR 82.6 million and the group employed 577 persons at the year-end.
The company has approximately 30 offices world-wide. Close to 90%
of Teleste's net sales are generated outside Finland. The company
is listed on the main list of Helsinki Exchanges. Visit
www.teleste.com for more information.
CEO Jukka Rinnevaara, tel +358 2 2605 866 or +358 400 747 488