TELESTE DELIVERIES IN GERMANY CONTINUES 2008
TELESTE CORPORATION STOCK EXCHANGE RELEASE 21.1.2008 AT 10:45
TELESTE DELIVERIES IN GERMANY CONTINUES 2008
Teleste has again received additional orders worth over one million euros from
Germany's largest cable operator Kabel Deutschland AG (KDG) to further upgrade
their BK network. The upgrade is meant for raising the network capacity from 450
MHz to 630 MHz enabling bi-directional services for digital TV as well as
broadband data and telephony.
In the project Teleste will be delivering its Germany specific BK amplifier
products for the upgrade of the coaxial access networks. Most of the deliveries
will take place during the first half of 2008.
Teleste, an international technology group founded in 1954, is specialized in
broadband data communication systems and solutions. The group is divided into
two strategic business areas: 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 areas 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 2006 the
group's net sales totalled EUR 101.8 million and the group employed 621 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's share is
quoted on the OMX Nordic Exchange Helsinki. 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:
OMX Nordic Exchange Helsinki
Main Media
www.teleste.com