TELESTE CORPORATION INVESTOR NEWS 5.12.2019 AT 10:15 EET
TELESTE TO DELIVER ON-BOARD SOLUTION TO STADLER'S EMUS IN STOCKHOLM, SWEDEN
Teleste will deliver an on-board solution to Stadler's electrical multiple units (EMU) for Public Transport Administration Stockholm in Sweden. With deliveries starting in 2019, the deployment will consist of an on-board solution for 22 EMUs and the agreement also includes an option for another 45 EMUs.
The EMUs will operate on the Roslagsbanan route connecting the northern and eastern regions of the Swedish capital. To increase responsiveness and provide passengers with a safe travelling experience across the 65-kilometre route, Teleste's solution offers smooth integration between the on-board and central video surveillance systems. A live camera view with 24/7 access on each of the vehicles and reliable storing of video streams are enabled through indoor security cameras and video recorders.
Additionally, Teleste's solution enables integration of the on-board system with the PubTrans database. Through the database, correct and timely travel information on, e.g., events, schedules and routes is available, to make the public transport run smoothly and effectively. Access to real-time information also simplifies public transport for passengers who can then plan and complete their journey in the most convenient and effective way.
The deliveries to Stadler will also include LED and TFT LCD information displays with superior readability. A driver panel, systems for trains' internal and external video surveillance, passenger counting, public address and emergency calls, as well as an Ethernet network for each of the EMUs will be deployed.
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