TELESTE WON ORDER FROM IBM TO BUILD VIDEO SURVEILLANCE CENTRALISED RECORDING SOLUTION FOR FRENCH NATIONAL RAILWAYS
TELESTE CORPORATION STOCK EXCHANGE RELEASE 1.7.2010 AT 12:15
TELESTE WON ORDER FROM IBM TO BUILD VIDEO SURVEILLANCE CENTRALISED RECORDING
SOLUTION FOR FRENCH NATIONAL RAILWAYS
Teleste has been awarded a contract to supply to SNCF (French National Railway
Corporation) a centralized recording solution to be used for their video
surveillance infrastructure. The project was won together in partnership with
IBM France, who is acting as the prime integrator.
The centralized recording system in question has capacity to record 8.300
surveillance camera streams simultaneously, expandable to 35.000 cameras, which
is one of the largest single recording platforms in use globally in video
surveillance systems. This system, which is comprised of IBM hardware and
Teleste software, is a next evolution of the previously delivered surveillance
platform to SNCF.
Value of this order is exceeding EUR one million and it consists of software
licenses and services for a duration of five years, with option to extend with
two additional 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
