TELESTE CORPORATION INVESTOR NEWS 15.3.2019 AT 11:00 EET
TELESTE CONTINUES COOPERATION WITH ALSTOM BY DELIVERING ITS INTEGRATED ON-BOARD SOLUTION TO CORADIA STREAM TRAINS IN ITALY
Teleste continues cooperation with Alstom, a leading provider of integrated transport systems, by delivering its on-board solution to Coradia Stream trains designed for public transport operators in Italy, and operated by Trenitalia under the name POP. The now-agreed deliveries will begin in 2019 and they continue the collaboration between Teleste and Alstom that was launched under a frame agreement in 2017.
Teleste's deployment to Alstom will include the company's passenger information systems (PIS), on-board video surveillance, intercommunication and public address systems as well as TFT and LED information displays. The entire on-board solution is especially designed for easier, safer and more entertaining travelling, and it supports seamless integration and management of the on-board systems as part of larger public transport ecosystems.
The Alstom trains are designed to offer passengers an excellent travel experience by increasing availability, accessibility and passenger information as well as facilitating maintenance. Teleste's on-board solution adds to their focus on high-quality on-board technologies with easy adaptation to future public transport and passenger needs. For example, the integrated solution makes it possible for the operational control centre to remotely manage and share passenger information and other types of content, such as advertisements, on the smart on-board displays. Also commands and messages can delivered over the IP network to the moving vehicles while the on-board video surveillance system helps improve the safety and security of passengers by enabling a live, real-time camera view into the trains.
Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to your home, secure your safety in public places and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2018, Teleste's net sales reached EUR 250 million and on average it had approximately 1,400 employees. Teleste is listed on Nasdaq Helsinki.
ADDITIONAL INFORMATION: Jukka Rinnevaara, tel: +358 2 2605 611