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Teleste Fortifies Public Safety and Mobility Solutions through Strategic Manufacturing Partnership with Kyrel Oy

Submitted by J. Mikhail on

SHERIDAN, WYOMING – July 11, 2024 – Teleste Corporation, a global leader in broadband, security, and information technologies, today announced a strategic electronics manufacturing services (EMS) partnership with Kyrel Oy, a well-established Finnish electronics manufacturer. This collaboration is designed to enhance Teleste's Public Safety and Mobility business unit by ensuring consistent high quality, operational agility, and reliable delivery of critical solutions.

The partnership aligns with Teleste's strategic focus on optimizing operational efficiency and responsiveness to the rapidly evolving demands of the public safety and mobility sectors. By leveraging Kyrel Oy's proven expertise in customer-centric manufacturing, reliability, and world-class production capabilities, Teleste aims to elevate the value proposition it offers to its clients.

"This strategic alliance with Kyrel Oy represents a pivotal advancement in our commitment to delivering cutting-edge Public Safety and Mobility solutions," stated Marko Uutela, Director of Operations, Logistics and Sourcing for Teleste's Public Safety and Mobility business unit. "Kyrel's distinguished reputation, unwavering commitment to quality, and strategic proximity to our existing manufacturing and R&D facilities make them an ideal collaborator. We anticipate that this partnership will foster significant end-to-end synergies and operational efficiencies, ultimately translating into enhanced value for our esteemed clientele."

Mika Räty, Managing Director of Kyrel Oy, emphasized the mutual benefits of the partnership, stating, "We at Kyrel are enthusiastic about embarking on this long-term collaboration with Teleste. Our shared objective is to forge a close working relationship to drive operational performance and product innovation, not only propelling the growth of both companies but also contributing to the advancement of the Finnish electronics industry. Kyrel's core strengths,including exceptional personnel capabilities, robust supply chain management, and sophisticated production processes,combined with our family-owned business model, will equip Teleste with the agility and personalized service they require to excel in the market."

The strategic partnership between Teleste and Kyrel Oy is poised to solidify Teleste's position as a global leader in providing comprehensive solutions for public safety and mobility. The collaboration will focus on enhancing the safety and efficiency of transportation systems, while empowering communities with reliable and resilient communication networks.

About Teleste

Teleste is a leading international company specializing in broadband, security, and information technologies and related services. The company's comprehensive product and service portfolio enables the construction and operation of a better-connected society. Teleste's solutions facilitate the delivery of television and broadband services, enhance public safety, and streamline public transportation systems. With a strong commitment to innovation and a global network of offices and partners, Teleste is listed on Nasdaq Helsinki. For further information, please visit www.teleste.com.

About Kyrel Oy

Kyrel Oy is a family-owned Finnish EMS provider renowned for its commitment to high-quality electronics manufacturing. Leveraging its skilled workforce, robust supply chain management practices, and advanced production technologies, Kyrel Oy delivers tailored solutions that cater to the specific needs of its clients. The company's emphasis on customer-centricity and reliability positions it as a trusted partner in the electronics manufacturing landscape.