Telestone Technologies Corporation Files Extension for Form 10-Q for the Third Quarter of 2012

Telestone Technologies Corporation Files Extension for Form 10-Q for the Third
                               Quarter of 2012

PR Newswire

BEIJING, Nov. 14, 2012

BEIJING, Nov. 14, 2012 /PRNewswire-FirstCall/ -- Telestone Technologies
Corporation (NASDAQ: TSTC) (the "Company"), a leading supplier of local access
network solutions for communications networks in China, today announced that
the Company plans to file a Form 12b-25 extension for the filing of its
quarterly report on Form 10-Q for the third quarter ended September 30, 2012.

Telestone will request an extension, because the Company requires additional
time to complete the report and is therefore unable to file its third-quarter
2012 report on Form 10-Q by the initial filing deadline of November 14, 2012.

The Company anticipates that it will file its quarterly report on Form 10-Q on
or before November 19, 2012.

About Telestone Technologies Corporation

Telestone is a leader and innovator in wireless local-access network
technologies and solutions. The company has a global presence, with 30 sales
offices throughout China and a network of international branch offices and
sales agents. For more than ten years, Telestone has installed radio-frequency
(RF)-based 1G and 2G systems throughout China for leading telecommunications
companies. After intensive research on the needs of carriers in the 3G age,
Telestone developed and commercialized its proprietary third-generation
local-access network technology, WFDS(TM) (Wireless Fiber-optic Distribution
System), which provides a scalable, multi-access local access network solution
for China's three cellular protocols. Telestone also offers services including
project design, manufacturing, installation, maintenance and after-sales
support. The Company has approximately 1,500 employees.

Company Contacts:                            Investor Relations Contact:

Telestone Technologies Corporation           CCG Investor Relations

Ms. Jun Man , Manager of the Office of the   Mr. John Harmon, CFA, Sr. Account
Board of Directors                           Manager

Phone: +86-10-6860-8335 x1104                Phone: +86-10-8573-1014

E-mail: manjun-z@telestone.com              E-mail: john.harmon@ccgir.com

                                            

SOURCE Telestone Technologies Corporation