RELEASE: Teldat achieves historic results with 23% growth in 2022

(Information sent by the signatory company).

RELEASE: Teldat achieves historic results with 23% growth in 2022

(Information sent by the signatory company)

Madrid, February 14, 2023.

The good performance of the business generated around Edge Computing, sales of cybersecurity solutions and income from new strategic sectors such as IoT, 5G and SDN (software-defined networks), keys to economic growth

The Spanish technology company Teldat has achieved historic results in 2022, the year in which its sales have grown by 23% compared to the previous year of 2021. And an increase of 17% compared to the best year of the company with more than 38 years of history . Total sales exceed the pre-pandemic figures, when Teldat concatenated several years of significant growth. The company exports to markets in more than 40 countries. One of the causes of the economic success is attributed to the figures generated by Edge Computing, which the company estimates as "a very important achievement, taking into account the high level of competition in this market and worldwide shortage of electronic components". Teldat's great flexibility has allowed it to collect in secondary markets, redesign hardware and launch new, more competitive models; where other companies have been affected and have not been able to react. It should be noted that the growth experienced has been consolidated by the new R&D lines, where IoT, cybersecurity and SDN have registered increases of 62%, 24% and 13% , respectively. Increasing the company's operating margins by more than five tenths of a percentage compared to 2021. In vertical markets, sales of solutions in the utilities sector stand out, which have increased significantly in 2022, multiplying by 2.3 compared to 2020. Large companies, public administrations and mobility appear below.Prospects for 2023 "Our intention is to maintain an ascending line of economic growth for this year" –says Antonio García Romero, CEO of Teldat. "To this end, we are reinforcing all our staff, both in the commercial area, to bring our solutions to the market, and in I D i to continue developing innovative solutions, one of the company's hallmarks. We will continue striving to achieve 2023 double-digit growth in all our business areas, as well as in those countries where we are present." "In industrial operations, a global supply chain problem and constant covid closures in Asia have been overcome. This circumstance has forced us to managing logistics, setting up new manufacturing lines in Europe to meet the needs of customers with high stress, but with a degree of efficiency that has provided us with equipment availability without affecting our sales Additionally, although costs have increased, we have managed to contain them compared to the industry", concludes the chief executive of Teldat. Before, Teldat highlights the large order book with which it has started the year, achieved by the commercial policy implemented throughout 2022 by the company. About Teldat Founded in 1985, Teldat is a Spanish company whose mission is to provide companies with value solutions for cloud access, remote office communications, cybersecurity and voice/data connectivity both in the office and in specific environments, whether industrial, rail, vehicle or public services. With a great avant-garde vocation, Teldat invests heavily in R&D, including the most innovative and sophisticated technologies in the design and development of its solutions such as network virtualization, cybersecurity, artificial intelligence, Federated Learning, 5G or DLT. Its ability to work closely with its clients to adapt solutions and products to the specific needs of each project is an added value for the company that is currently among the European leaders in the corporate communications market. Teldat is based in both Spain and Germany. Website: //www.teldat.com

Contact Contact name: Paulino Baena Díaz Contact description: BeuVe Comunicación Contact telephone number: 636 83 38 31

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