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TELESTE PROVIDES VMX SYSTEM TO BUILD VIDEO SURVEILLANCE FOR PARIS CITY CENTER MONITORING(OMX (English) Via Acquire Media NewsEdge) TELESTE CORPORATION STOCK EXCHANGE RELEASE 29.10.2010 AT 09:45 TELESTE PROVIDES VMX SYSTEM TO BUILD VIDEO SURVEILLANCE FOR PARIS CITY CENTER MONITORING Teleste has undersigned an agreement with INEO (GDF Suez Group) to provide a video surveillance system for Paris police organisation (Paris Préfecture de Police). The implementation of the urban video protection system (public areas) will provide a decision tool to facilitate traffic management, maintenance of law and order, fight against crime, rescue operations and fight against terrorism. The system includes active video networking equipment, recording infrastructure, software applications, and the required elements for the proper operation and security of such a system, according to regulations related to video surveillance. The system will manage directly more than 1.100 cameras within Paris territory, and will interconnect with other security networks across Paris metropolitan area, in total covering more than 10.000 cameras: railways, underground, city of Paris traffic control, large Parisian malls, etc. In addition, the system will include 260 workstations, 55 monitoring centers, 2500 operators, digital video storage for 30 days recordings and authentication of video evidential material. Value of the order is EUR 6.9 millions, and it consists of design services, hardware, software licences. The deliveries will take place in 2011 and 2012. In addition to the previously mentioned, the agreement includes maintenance services for duration of six years. Teleste is an international technology group founded in 1954, which is specialised in broadband video and data communication systems and services. The group is active in two business segments, Video and Broadband Solutions and Network Services; in both fields, we are among the global leaders. Video is at the core of our business activities, with a focus on the processing, transmission and management of video and data for operators and public authorities who provide multiple video-related information, entertainment and security services to end-users. Video and Broadband Solutions business segment has the emphasis on product solutions for broadband access networks, video service platforms and video surveillance applications. Network Services segment deliver comprehensive network service solutions including new construction, rebuilding, upgrading, planning and maintenance services of cable networks. In 2009 the group's net sales totalled EUR 142 million and the group employed 1260 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. www.teleste.com for more information. TELESTE CORPORATION Jukka Rinnevaara CEO ADDITIONAL INFORMATION: Mr Jukka Rinnevaara, CEO, Tel. +358 2 2605 866 or +358 400 747 488 Distribution: NASDAQ OMX Helsinki Ltd Main Media www.teleste.com www.teleste.com Copyright © 2010 OMX AB (publ). Copyright © 2010 OMX AB (publ) |