Telestone Technologies Corporation to Host First Quarter 2010 Financial Results Conference Call on May 14 at 9:00 a.m. ET

BEIJING, May 11 /PRNewswire-Asia-FirstCall/ -- Telestone Technologies Corporation ("Telestone" or the "Company") (Nasdaq: TSTC), a leading developer of telecommunication local access network solutions, products, and engineering services based in China, today announced that it will hold its first quarter 2010 financial results conference call at 9:00 am ET on Friday, May 14, 2010.

    To attend the call, please use the dial-in information below. When
prompted, ask for the "Telestone Technologies Corporation Q1 2010 Earnings
Call".

    Conference Date:            Friday, May 14, 2010
    Conference Time:            9.00 a.m. Eastern Time
    Duration:                   1 hour
    U.S. Participants:          US +1 800 860 2442
    International Participants: +1.412 858 4600
    Call Title:                 "Telestone Technologies Corporation Q1 2010
                                Earnings Call"
    Webcast:  http://www.visualwebcaster.com/event.asp?id=69270

Please dial in at least 10-minutes before the call to ensure timely participation. This call is also being webcast and can be accessed by clicking on this link http://www.visualwebcaster.com/event.asp?id=69270

About Telestone Technologies Corporation

Telestone is a leading innovator in local access network technologies and solutions. Telestone is a global company with 30 sales offices throughout China and a network of international branch offices and sales agents. For more than 10 years, Telestone has been installing radio-frequency based 1G and 2G systems throughout China for China's leading telecommunications companies. After intensive research on the demands of carriers in the 3G age, Telestone developed its third generation technology, WFDS(TM) (Wireless Fiber-Optics Distribution System), which provides a scalable, multi-access local access network solution for China's three cellular protocols. Telestone offers services that include project design, project manufacturing, installation, maintenance and after-sales support. Telestone Technologies has approximately 1,200 employees.

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to the business of Telestone Technologies Corporation and its subsidiary companies. Forward looking statements can be identified by the use of forward-looking terminology such as "believes, expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, concentration in a single customer, raw material costs, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. Telestone Technologies is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

    For further information, please contact:

    Company:
     Vicente Liu, VP of Finance
     Cell:  +852-6683-6256
     Email: [email protected]

     Feng Dan, Assistant Secretary of the Board
     Tel:   +86-10-8367-0088 x1232
     Email: [email protected]

    Investor Relations:
     John Mattio
     HC International Inc.
     Tel:   +1-203-616-5144
     Email: [email protected]

SOURCE Telestone Technologies Corporation