Telestone Technologies (NASDAQ:TSTC)

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Sunday, December 11, 2011

Telestone Technologies Corporation (the “Company”) has learned that, on September 28, 2011, an entity identifying itself as “Jadestone,” published an article online making various allegations and accusations against the Company. On October 18, 2011, the Company held an investor teleconference to refute those claims. In connenction with the teleconference, the Company has made available the PowerPoint presentation delivered during the conference call. A copy of the PowerPoint presentation is attached hereto as exhibit 99.1.

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