Teleste - Company Announcement

TELESTE RECEIVES 1.3 MILLION EURO VIDEO SURVEILLANCE ORDER FROM STANLEY SECURITY, FINLAND

Turku, Finland, 2013-09-02 08:30 CEST (GLOBE NEWSWIRE) -- 

TELESTE CORPORATION STOCK EXCHANGE RELEASE 2.9.2013 AT 09:30



TELESTE RECEIVES 1.3 MILLION EURO VIDEO SURVEILLANCE ORDER FROM STANLEY
SECURITY, FINLAND 

Teleste Corporation has received a video management, transmission and recording
solution order for tunnels and stations of Länsimetro from Stanley Security Oy.
Länsimetro is building the extension for metro traffic in the Helsinki
Metropolitan Area from Ruoholahti, Helsinki to Matinkylä, Espoo. 

The order includes products from the product families of Teleste VMX Video
Management Software, MPX Encoder and CFO Fiber Modem as well as technical
integration and configuration services related to the video system. 

Teleste's video management system is already installed at Helsinki Underground
in all existing stations. This order will further expand the system for a
better protection of the public against crime and potential terrorism as well
as help to run smooth operation of the underground traffic. 

The system deliveries are expected to be completed during 2014 and the order
value is approximately 1.3 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 baseconsists 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 2012, Teleste's net sales
totaled EUR 194 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 OMX Helsinki
Main Media
www.teleste.com