The U.S. Federal Communications Commission Approved WFDS(TM) Technology Developed by Telestone Technologies Corporation

Tue Oct 20, 2009 8:00am EDT
 
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The U.S. Federal Communications Commission Approved WFDS(TM) Technology
Developed by Telestone Technologies Corporation
Approval allows Telestone to market and sell 3G Access Network Products and
Services in the United States and the Americas

BEIJING, Oct. 20 /PRNewswire-Asia-FirstCall/ -- Telestone Technologies
Corporation (Nasdaq: TSTC; "Telestone" or the "Company") a leading developer
and provider of local access network solutions based in China, announced today
that its Wireless Fiber Distribution System (WFDS(TM)) passed all testing
procedures of the U.S. Federal Communications Commission ("FCC"), including
all of the existing 2G and 3G systems in the U.S.
    The WFDS(TM) system had a successful debut at the April 2009 CTIA trade
show in Las Vegas. After the trade show, Telestone assembled a special team
for the sole purpose of completing the FCC certification process for the
system's equipment. This team consisted of corporate-level officers, R&D and
marketing personnel, along with a partner in the United States. In September
2009, Telestone's proprietary WFDS(TM) technology, which provides for indoor
multi-services access networks, successfully passed all FCC testing
procedures.
The FCC certification letter will not only apply to the U.S. market, but also
to Telestone's WFDS(TM) products in Central and South America. Leveraging
successful installations for this new fiber-optic equipment in China, this
approval is a significant milestone in the Company's efforts to gain market
share in the North and South American markets.
    Mr. Daqing Han, Chairman and CEO of Telestone, commented, "The
certification of Telestone's WFDS(TM) technology by the FCC has removed the
final hurdle for us to effectively launch our marketing initiatives throughout
the Americas. In the coming months, we expect to secure new contracts in the
U.S. from telecommunication carriers and through our local partners while
expanding our reach to countries in Latin America. Diversifying our revenue
base as we move into 2010 is an important goal and we expect positive margin
enhancements through increased WFDS(TM) sales."
    About Telestone Technologies Corporation
    Telestone provides Local Access Network Solutions, products and
engineering integration to telecom carriers. In terms of 2G technologies,
Telestone is a main supplier in wireless access coverage infrastructure
building for the GSM and CDMA network base on its RFPA technologies primarily
in the PRC. The products; repeaters, line-amplifiers, antennas and radio
accessories are all based on RFPA technologies. After intensive research on
the demands of carriers in 3G technologies, based on its strong R&D
capabilities in both wireless and Fiber-Optics, Telestone has invented its
WFDS unification local access network solution and products which are highly
welcomed by all telecom carriers and property owners. Telestone also provides
services that include project design, project manufacturing, installation,
maintenance and after-sales services. Telestone currently has approximately
1,200 employees.
SOURCE  Telestone Technologies Corporation

Ren Hu, Board Secretary of Telestone Technologies Corporation,
+1-201-877-0415, arenhu@gmail.com; or Investor Relations, John Mattio, HC
International Inc., +1-203-616-5144, john.mattio@hcinternational.net

 

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