Telestone Technologies (NASDAQ:TSTC)

BEIJING, Nov. 7, 2011 /PRNewswire-Asia-FirstCall/ -- Telestone Technologies Corporation (NASDAQ: TSTC) (the "Company"), a leading supplier of local access network solutions for communications networks in China, today announced that Mr. Daqing Han, Chairman and Chief Executive Officer of Telestone, was recently interviewed by the Economic Observer, a well-known Chinese-language business newspaper, on the Company's business evolution and future strategy.  An English translation of the interview is available at: http://ir.telestone.com/announce/121/EN/Telestone%20Road%20to%20Infrastructure%20Upgrades_nhAbeDFD3GHn.pdf

In the interview, Mr. Han explains how Telestone has aligned its research and development efforts in line with ever-evolving industry and technology trends during the 14 years since the Company was founded. Telestone has evolved from a company focused on 2G, and later, 3G wireless coverage technologies, into a technology leader at the forefront of the communications industry, with innovative solutions like the recently announced Telestone Intelligent Premises System (TIPS).

The interview also discusses Mr. Han's rationale for choosing Gu'an, a county in Hebei Province, as the site for Telestone's new TIPS Industrial Park research, development, manufacturing and training facility.  He also offers his expectation that the facility will be the catalyst for the Company's next phase of growth.