TURKU, Finland, January 10, 2014 /PRNewswire/ --
In January 2014, Teleste Corporation opens a sales office in Dubai. The new presence will enhance the availability of Teleste's world-class IP-based video surveillance solutions for security professionals in the Middle East.
Teleste, an international technology group specialised in broadband video and data communication systems and services, today announced the opening of a new sales office in Dubai. The office will be operational in January 2014. The expansion follows Teleste's strategy of providing its world-class video surveillance solutions to customers on a global scale.
Due to increasing security concerns and threats, the global video surveillance market is projected to expand rapidly in the next coming years. The development is especially strong in the IP/Network video surveillance market, which is projected to grow at a CAGR of almost 25 percent over the period 2013-2018. One of the key regions for expansion is EMEA, including the Middle East.
"The market demand for networked video surveillance solutions in the Middle East is rapidly expanding. To secure new critical infrastructure and services, as well as foster economic growth and development, security professionals are looking for solutions that can fulfil their requirements for demanding environments as well as state-of-the-art technology. Teleste is pleased to support the growing market with our comprehensive solutions portfolio, which fulfils the highest international standards", said Johan Slotte, Deputy CEO of the Teleste Corporation.
"We are very excited to announce our new sales office in Dubai this month. This expansion demonstrates our commitment to the important Middle Eastern market", said Søren Kannov, Director of Business Development at Teleste Dubai. "Teleste's video surveillance solutions are based on the latest IP technology and a core understanding of networked video. Our solutions are trusted by major international security professionals and we are thrilled to be able to further enhance the availability of our software and equipment for our new and existing customers in the Middle East."
Teleste is an international technology company that develops and offers video and broadband technologies and related services. Our supply of technology contributes to the convenience and safety of daily living. Our core business is video - image and data processing, transfer and management. Our customer base consists of cable and telecom operators, as well as public sector organizations. Our business is divided into two divisions, which are Video and Broadband Solutions and Network Services. In both areas, we rank among the world's leading companies and technological forerunners. Video and Broadband Solutions focuses on access networks and product solutions in video surveillance applications. Network Services offers comprehensive services for network design, construction and maintenance. In 2012, Teleste's net sales totalled EUR 194 million, and the company employed more than 1,300 people. Teleste runs a worldwide network of offices and more than 90% of its sales are generated outside Finland. The company is listed on the NASDAQ OMX Helsinki Ltd. For more information see http://www.teleste.com and follow @telestecorp on Twitter.
SOURCE Teleste Corporation