VANCOUVER, Dec. 8, 2014 /CNW/ - Norsat International Inc.
("Norsat") (TSX: NII and OTC BB: NSATF), a leading provider of
innovative communication solutions that enable the transmission of
data, audio and video for remote and challenging applications,
today announced that it has received an order to deliver its
recently launched SigmaLinkTM AUTO and Ranger products
to a major military contractor that supplies communications
solutions to governments and militaries worldwide. This marks the
first sale of these next-generation technologies designed to
improve ease of use and to address industry trends by military
customers that are increasingly looking for very small form
factors.
The 1.8m and 2.4m SigmaLink AUTO series of transportable
satellites are ideally suited to provide broadband connectivity for
basecamp operations. The SigmaLink AUTO provides a quick setup and
alignment procedure, so users can be up and transmitting in under
15 minutes while getting the high throughputs offered by larger
aperture sizes. This new version of Norsat's popular SigmaLink
lineup adds auto-acquire technology to ensure easy operation and
satellite acquisition without the need for operator alignment. The
SigmaLink AUTO is a product line extension of Norsat's existing
terminal platform technology which is utilized by military and
commercial customers around the world as the most durable and
reliable systems available in the marketplace.
The Ranger is a high-performance, self-contained multiband
microsat terminal, featuring industry leading portability and rapid
deployment. The Ranger's compact form factor and large throughput
make it ideal for special forces operation or for military missions
where minimal weight and bulk is critical. The innovation of the
Ranger product was based on technology acquired by Norsat from CVG
in April 2013, demonstrating the
company's capabilities to integrate and expand upon the technology
base from various inputs to deliver to the market next generation
products and solutions.
Dr. Amiee Chan, chief executive
officer of Norsat International commented, "A key objective to our
growth strategy is the introduction of new products to the market
that capitalizes off the base technology platform that Norsat has
created. The SigmaLink AUTO and Ranger products offer new
capabilities and aperture sizes to meet the evolving needs of
customers that require speed, portability and constant reliability
of communications. Our ability to stay at the leading edge of
technological innovation by delivering to the markets products and
solutions that meet the very high standards of our military and
commercial customers is what keeps Norsat as a trusted and
preferred provider. We look forward to the continued rollout
of these products to additional customers in the coming
quarters."
The company expects this initial order for the SigmaLink AUTO
and Ranger products to ship in the first quarter of 2015.
About Norsat International Inc.
Founded in 1977,
Norsat International Inc. is a leading provider of innovative
communication solutions that enable the transmission of data, audio
and video for remote and challenging applications. Norsat's
products and services include leading-edge product design and
development, production, distribution and infield support and
service of fly-away satellite terminals, microwave components,
antennas, Radio Frequency (RF) conditioning products, maritime
based satellite terminals and remote network connectivity
solutions. More information is available at www.norsat.com, via
email at investor@norsat.com or by phone at 1-604-821-2800.
Forward Looking Statements
The discussion and analysis
of this news release contains forward-looking statements concerning
anticipated developments in Norsat's operations in future periods,
the adequacy of its financial resources and other events or
conditions that may occur in the future. Forward-looking statements
are frequently, but not always, identified by words such as
"expects," "anticipates," "believes," "intends," "estimates,",
"predicts," "potential," "targeted," "plans," "possible" and
similar expressions, or statements that events, conditions or
results "will," "may," "could" or "should" occur or be achieved.
These forward-looking statements include, without limitation,
statements about Norsat's market opportunities, strategies,
competition, expected activities and expenditures as it pursues its
business plan, the adequacy of available cash resources and other
statements about future events or results. Forward-looking
statements are statements about the future and are inherently
uncertain, and actual achievements of the Company or other future
events or conditions may differ materially from those reflected in
the forward-looking statements due to a variety of risks,
uncertainties and other factors, such as business and economic
risks and uncertainties. The forward-looking statements are based
on the beliefs, expectations and opinions of management on the date
the statements are made. Consequently, all forward-looking
statements made in this news release are qualified by this
cautionary statement and there can be no assurance that actual
results or anticipated developments will be realized. For the
reasons set forth above, investors should not place undue reliance
on forward-looking statements. These forward-looking statements are
made as of the date of this news release and Norsat assumes no
obligation to update or revise them to reflect new events or
circumstances, other than as required by law.
SOURCE Norsat International Inc.