Teleste - Company Announcement

TELESTE DELIVERS CABLE TELEVISION SYSTEMS TO INDIA

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.                                           


TELESTE CORPORATION                                                             

Jukka Rinnevaara                                                                
CEO                                                                             


ADDITIONAL INFORMATION:                                                         
Mr Jukka Rinnevaara President and CEO, tel +358 2 2605 866 or +358 400 747 488  

DISTRIBUTION:                                                                   
OMX Nordic Exchange Helsinki                                                    
Media                                                                           
www.teleste.com