TELESTE CORPORATION STOCK EXCHANGE RELEASE 12.6.2008 AT 12:00
TELESTE DELIVERS A COUNTRYWIDE VIDEO SURVEILLANCE SOLUTION TO THE FRENCH
NATIONAL RAILWAY ORGANISATION
Teleste has entered into a frame agreement with the French National Railway
Organisation, SNCF, for the installation of video surveillance systems in the
major railway stations of France. The agreement covers the delivery and
installation of encoders, recorders and workstations in 50 railway stations all
over France. In total, more than 3000 surveillance cameras will be handled and
managed according to a variety of needs. One of the main drivers for the project
is to increase the security level in rail networks.
This new order is an additional evidence of SNCF satisfaction on Teleste
performance in several projects, including the major 120 stations project in
Paris and its surroundings which was completed last year.
Teleste estimates its part of the contract value to exceed 2 million euros and
the project is scheduled to be completed by the end of the year 2009.
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