Teleste - Company Announcement

TELESTE SIGNS MAINTENANCE AGREEMENT WITH SNCF

Turku, Finland, 2014-10-28 09:30 CET (GLOBE NEWSWIRE) -- TELESTE CORPORATION
STOCK EXCHANGE RELEASE 28.10.2014 AT 10:30 

TELESTE SIGNS MAINTENANCE AGREEMENT WITH SNCF

SNCF (French National Railway Company) has awarded Teleste a three-year
agreement for maintenance of its video surveillance system supplied by Teleste
and deployed during more than 10 years throughout the whole country of France. 

According to the agreement, Teleste will handle the high-level maintenance of
the system, which per today cover approximately 15.000 cameras exploited by
more than 350 workstations. 

The value of this agreement is over two million euros.

Teleste is an international technology company that develops and offers video
and broadband technologies and related services. Our supply of technology
contributes to the convenience and safety of daily living. Our core business is
video - image and data processing, transfer and management. Our customer base
consists of cable and telecom operators, as well as public sector
organizations. Our business is divided into two divisions, which are Video and
Broadband Solutions and Network Services. In both areas, we rank among the
world's leading companies and technological forerunners. Video and Broadband
Solutions focuses on access networks and product solutions in video
surveillance applications. Network Services offers comprehensive services for
network design, construction and maintenance. In 2013, Teleste's net sales
totaled EUR 193 million, and the company employed more than 1,300 people.
Teleste runs a worldwide network of offices and more than 90% of its sales are
generated outside Finland. The company is listed on the NASDAQ OMX Helsinki
Ltd. For more information see www.teleste.com 



TELESTE CORPORATION

Jukka Rinnevaara
CEO



ADDITIONAL INFORMATION:
CEO Jukka Rinnevaara, phone +358 2 2605 866 or +358 400 747 488

DISTRIBUTION:
NASDAQ Helsinki
Main Media
www.teleste.com