TELESTE EXPANDS CO-DETERMINATION NEGOTIATIONS

Company
TELESTE CORPORATION  STOCK EXCHANGE RELEASE  6.3.2009  AT 14:30                 


TELESTE EXPANDS CO-DETERMINATION NEGOTIATIONS                                   

Due to the continued uncertain market situation Teleste expands the             
co-determination negotiations in a manner, which, for some persons, may require 
layoffs of over 90 days as well as redundancies of over 9 persons. The exact    
number of employees and office workers who may be facing layoffs and            
redundancies will be established in these co-determination negotiations. At the 
first stage, the relevant measures are estimated to involve flexible layoffs.   

The negotiations aim at finding solutions for adapting Teleste operations to the
difficult-to-predict market situation without endangering the company's good    
growth opportunities.                                                           

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.staging.staging.staging.staging.teleste.com for more information.                                     


TELESTE CORPORATION                                                             

Jukka Rinnevaara                                                                
CEO                                                                             



FOR MORE INFORMATION:                                                           
CEO Jukka Rinnevaara, tel +358 2 2605 866 or +358 400 747 488                   


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NASDAQ OMX Helsinki                                                             
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www.staging.staging.staging.staging.teleste.com