TELESTE RECEIVES AN ORDER FROM ZIGGO, THE NETHERLANDS, FOR THE DELIVERY OF OPTICAL NODES

Company
TELESTE CORPORATION   STOCK EXCHANGE RELEASE  6.8.2008  AT 11:30                


TELESTE RECEIVES AN ORDER FROM ZIGGO, THE NETHERLANDS, FOR THE DELIVERY OF      
OPTICAL NODES                                                                   

Teleste has been selected by Ziggo to deliver their new compact node platform   
for upgrading their cable networks to anticipate to future capacity needs. The  
value of the initial order is approximately one million euros.                  

This is Teleste's first major order for Ziggo, Dutch largest cable operator     
(3.49 million subscribers) arise from the recent merger of @ Home (the former   
Essent Kabelcom), Casema and Multikabel.                                        

Teleste's solution is based on the successful AC800 platform. It combines a     
perfect price performance with sophisticated management facilities.             

This strategic order positions Teleste in the forefront of the Dutch cable      
television suppliers. The majority of the order is to be delivered during 2008  
and Q1 2009                                                                     

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 2007 the group's net sales totalled EUR 125.1 million and the    
group employed 672 persons at the year-end. The company has approximately 30    
offices world-wide and over 91% of Teleste's net sales are generated outside    
Finland. The company is listed on the OMX Nordic Exchange Helsinki.             
Visit www.staging.staging.staging.staging.teleste.com for more information.                                     


TELESTE CORPORATION                                                             

Jukka Rinnevaara                                                                
CEO                                                                             


ADDITIONAL INFORMATION:                                                         
Mr Jukka Rinnevaara President and CEO, tel +358 2 2605 866 or +358 400 747 488  


DISTRIBUTION:                                                                   
OMX Nordic Exchange Helsinki                                                    
Media                                                                           
www.staging.staging.staging.staging.teleste.com