Published: August 09, 2011
Norsat Awarded $1.3 Million Satellite Based Communications Equipment and Services Program
VANCOUVER, British Columbia - (BUSINESS WIRE) - Norsat International Inc. ("Norsat") (TSX: NII and OTCBB: NSATF),
a leading provider of broadband communications solutions, announced
today the award of a new satellite based communications equipment and
services program valued at $1.3 million from the NATO Consultation,
Command and Control Agency ("NC3A" ). The latest cutting edge equipment
is expected to be in theatre in Afghanistan and able to be showcased to
many of the 28 NATO Member nations with further opportunities for
purchase by them under the program. Norsat expects to deliver the
majority of the initial equipment and services by the end of the first
quarter of 2012.
Dr. Amiee Chan, President and CEO of Norsat, stated, "We are pleased to
have been selected by NC3A and take pride in knowing that our equipment
and services will be facilitating NATO's critical communications in the
remote and austere regions of Afghanistan. This contract requires
critical design and product customization and we welcome opportunities
to solve challenging communication issues and meeting or exceeding
customer demands. This type of contract win continues to further not
only our ongoing development initiatives, but also reaffirms our
expertise in the rapidly deployable terminal market."
Forward Looking Statements
Statements in this news release relating to matters that are not
historical fact are forward-looking statements based on current
expectations, forecasts and assumptions that involve risks and
uncertainties that could cause actual outcomes and results to differ
materially. Factors that could cause or contribute to such differences
include, but are not limited to general economic conditions, changes in
technology, reliance on third parties, managing rapid growth, foreign
exchange, global and other risks and uncertainties described in Norsat's
public filings with securities regulatory authorities.
About the NATO Consultation, Command and Control Agency ("NC3A" )
As a NATO institution, the Agency's mission is to enable NATO success.
NC3A is responsible for delivering cutting-edge technology in support of
NATO's missions and decision making. NC3A's primary customers are NATO's
operations command (Allied Command Operations) and the command
responsible for transforming NATO to meet new threats and challenges
(Alliance Command Transformation). NC3A offers:
-
advanced scientific, engineering and acquisition expertise; and
-
the ability to rapidly deliver advanced capabilities and expertise in
support of NATO's missions, where and when necessary.
About Norsat International Inc.
Norsat International Inc., founded in 1977, is a leading provider of
broadband communication solutions that enable the transmission of data,
audio and video in remote and austere environments. Norsat's products
and services include microwave components, portable satellite systems,
antennas, RF conditioning products, maritime solutions, wireless network
solutions, and equipment financing. Through its Sinclair Division (www.sinctech.com),
Norsat is a leading provider of antenna and RF conditioning products,
systems and coverage solutions for public safety, defense and private
wireless networks. Norsat also provides engineering consulting to meet
customers' specific needs. Additional information is available at www.norsat.com,
via email at investor@norsat.com
or by phone at 1-604-821-2808.
Norsat International Inc.
Dr. Amiee Chan
President & CEO
Tel:
604 821-2808
Email: achan@norsat.com
or
Mr.
Arthur Chin
Chief Financial Officer
Tel: 604 821-2809
Email:
achin@norsat.com
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