TELESTE CONTINUES TO UPGRADE THE GERMAN CABLE NETWORKS
TELESTE CORPORATION STOCK EXCHANGE RELEASE 12.01.2007 AT 09.30 TELESTE CONTINUES TO UPGRADE THE GERMAN CABLE NETWORKS Teleste has received an order from Kabel Deutschland AG (KDG) worth over five million euros. The order involves Telestes BK Optiflex product family that is used in KDGs upgrade project for bi-directionality and capacity upgrades. The deliveries will take place during 2007. All target cities that have been allocated to Teleste have not been identified. 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 2005 the group's net sales in continuing business totalled EUR 82.6 million and the group employed 557 persons at the year-end. The company has approximately 30 offices world-wide. Close to 90% of Teleste's net sales are generated outside Finland. The company is listed on the main list of Helsinki Exchanges. Visit www.teleste.com for more information. TELESTE CORPORATION Jukka Rinnevaara CEO ADDITIONAL INFORMATION: CEO Jukka Rinnevaara, tel +358 2 2605 866 or +358 400 747 488 DISTRIBUTION: Helsinki Exchanges Media www.teleste.com