Teleste Educational Signs Key Licensing Agreement with Linguaphone Group Plc

Teleste's DIVACE Media Assistant to Integrate with Publisher's Language Programs

Turku, Finland. 10th January, 2001 --Teleste Educational, Ltd. (HEX: TEL1V), the renowned leader in the global educational market as a developer and supplier of technology enhanced solutions for learning environments, today announced a key licensing agreement with Linguaphone Group Plc of the UK, the leading publisher of foreign language courses. Under the terms of the agreement, Teleste will integrate its DIVACE Media Assistant into Linguaphone's language courses to provide a vast array of activities designed around audio materials.

"Our partnership with Linguaphone offers language centres the outstanding content and the latest in digital educational technology" said Visa Vanamo, Managing Director of Teleste Educational. " We can now better service our world wide population of educational customers by providing instant access to the content, uniquely created and nurtured by Linguaphone."

This first step in bundling the popular DIVACE Media Assistant with the Classic Range language courses paves the way for similar ventures with Linguaphone's other language offerings and Teleste's digital technologies.

"Linguaphone is delighted to announce this important partnership with Teleste. Both companies are committed to giving language learners the very best opportunity to acquire another language, and we will be exploring many other opportunities together." said Ben Kittow, International Director of Linguaphone Group Plc.

ABOUT LINGUAPHONE:
Established in 1901, Linguaphone has always concentrated on teaching languages, and is today active in over 60 countries across the world. The product range is extensive covering 30 languages, and is growing due to the increasing quantity of Digital materials for distribution via a variety of new media. Linguaphone's product ranges are used by consumers, businesses, and governments, at home, in class and on the move. For more information please visit the main site at: www.linguaphone.com


ABOUT TELESTE:

Teleste Educational is a division of Teleste, the international technology Group specializing in broadband telecommunications networks and multimedia environments for language learning. Teleste has enjoyed a leading position for over thirty years in the global educational market as a developer and supplier of technology enhanced solutions for learning environments. From language laboratories to digital, multimedia resource centers, the Company has designed and deployed over 15,000 learning systems in schools of various levels, colleges, and university centers in 90 countries worldwide. For more formation, visit Teleste's site http://edu.teleste.fi










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