TELESTE CORPORATION STOCK EXCHANGE RELEASE 31.10.2007 AT 11:45
TELESTE DELIVERS CABLE TELEVISION SYSTEMS TO INDIA
Teleste has received orders worth over one million euros from Indian cable
television operator Digicable Network (India) Pvt.Ltd.
The placed orders consist of analogue and digital solutions alike and the
related installation and training services. The systems are based on Teleste's
cable TV headend products of DVX and IPX product families.
The deliveries will take place during Q4 2007.
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 recognized for
their know-how and ability to produce technically cutting edge solutions year
after year. In 2006 the group's net sales totalled EUR 101.8 million and the
group employed 621 persons at the year-end. The company has approximately 30
offices world-wide and over 90% of Teleste's net sales are generated outside
Finland. The company is listed on the OMX Nordic Exchange Helsinki. Visit
www.teleste.com for more information.
Mr Jukka Rinnevaara President and CEO, tel +358 2 2605 866 or +358 400 747 488
OMX Nordic Exchange Helsinki