TELESTE CORPORATION STOCK EXCHANGE RELEASE 25.6.2008 KLO 13:15
TELESTE CONTINUES DELIVERIES TO SNCF
Teleste has been granted by SNCF, the French National Railways Company, an order
to supply high quality video surveillance recorders and management system.
These new systems will be used to expand the previously implemented 120 stations
project in Paris and its surroundings.
These deliveries, which are in addition to previously announced frame agreement,
strengthen Teleste's position in mass transit video surveillance market. The
value of the order is exceeding one million euros.
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 2007 the group's net sales totalled EUR 125.1 million and the
group employed 672 persons at the year-end. The company has approximately 30
offices world-wide and over 91% 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