Teleste Oyj

Regulatory Filings • Sep 11, 2009

Disclosure 272644

Teleste - Company Announcement

TELESTE RECEIVES A VIDEO NETWORKS ORDER FROM CHICAGO

TELESTE CORPORATION STOCK EXCHANGE RELEASE 11.9.2009 AT 10:30 TELESTE RECEIVES A VIDEO NETWORKS ORDER FROM CHICAGO The Chicago Transit Authority has awarded a contract to Teleste Corporation for a system-wide security camera control and recording system covering 144 rail stations. The contract includes the supply, integration, and support of Teleste's VMX video management and network recording system to accommodate nearly 4,000 cameras at completion. The surveillance of rail stations is increased to better protect the public against potential terrorism as well as crime. The system deliveries will be completed by June 2010. In addition the contract includes two year's extended warranty service agreement. The order value is approximately EUR 3 million. 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 2008 the group's net sales totalled EUR 109 million and the group employed 677 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 NASDAQ OMX Helsinki Ltd. 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: NASDAQ OMX Helsinki Media www.teleste.com