Teleste - Company Announcement

TELESTE CONTINUES CABLE-TV NETWORK EQUIPMENT DELIVERIES TO FINNISH ELISA

TELESTE CORPORATION  STOCK EXCHANGE RELEASE   7.2.2008  AT 12:15                


TELESTE CONTINUES CABLE-TV NETWORK EQUIPMENT DELIVERIES TO FINNISH ELISA        

Finnish telecom operator Elisa Corporation continues having Teleste as its main 
supplier of cable-TV -products. Elisa and Teleste have signed a one year        
contract concerning product deliveries for both new build and upgrade of        
existing cable networks.                                                        

The national cable television network of Elisa includes some 236 000 households.
The contract value is approximately one million euros.                          

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 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