Teleste - Company Announcement

INTEGAN DECIDES TO USE TELESTE FOR THEIR 1.2 GHZ NETWORK UPGRADE

Turku, Finland, 2015-03-02 12:10 CET (GLOBE NEWSWIRE) -- TELESTE CORPORATION 
STOCK EXCHANGE RELEASE  2.3.2015 AT 13:10 



INTEGAN DECIDES TO USE TELESTE FOR THEIR 1.2 GHZ NETWORK UPGRADE

Teleste has been selected as the vendor for Integan's 1.2 GHz network upgrade
project. Under the agreement Teleste provides Integan amplifiers and outdoor
passives enabling delivery of new broadband services according to DOCSIS 3.1
standard. DOCSIS 3.1 enables multigigabit broadband speeds to be offered to
subscribers. 

The Integan vendor selection was based on public bidding process. The selection
criteria were based on price, product performance, delivery and support
capability as well as customer references. The total value of the agreement is
estimated to exceed EUR 3 million within years 2015-2018. 

Integan is a cable network operator for the communities within Antwerp region
in Belgium. Integan is owned by the communities themselves. The cable
infrastructure is used to deliver TV, radio, Internet access and telephony
services to the subscribers. 

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 - video 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 video security and information
solutions. Network Services offers comprehensive services for network design,
construction and maintenance. In 2014, Teleste's net sales totaled EUR 197
million, and the company employed more than 1,400 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 Helsinki. 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