VANCOUVER, Feb. 11, 2015 /PRNewswire/ - Norsat
International Inc. ("Norsat") (TSX: NII and NYSE MKT: NSAT), 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 shipped the
first customer prototype of its upcoming ATOM 25 Watt Ka-band Block
Upconverter (BUC). Ka-band communications offer higher throughput
than Ku-band. The ATOM Ka-band BUC covers both commercial and
military Ka-band (29-31 GHz).
Built off the innovation and success of the existing ATOM series
platform, Norsat worked closely with one of its key defense
customers to develop this new frequency band to meet the size,
weight and power efficiency goals that the customer required.
Norsat is committed to delivering next-generation products to meet
the needs of its customers and is leading the way in satellite
component innovation.
Dr. Amiee Chan, chief executive
officer of Norsat, commented, "Norsat continues to stay at the
forefront of innovation. The development of a Ka-band BUC is a
testament to the commitment that Norsat has to its customers in
developing and releasing products to meet their expanding product
needs and the demand in the marketplace. The ATOM Series has been a
huge success for Norsat and has shown increasing sales for the
company since its launch in 2014. With the continued introduction
of next generation products, such as the Ka-band BUC, we anticipate
ATOM revenues will continue to grow over the coming years."
Norsat delivered the prototype to the customer for integration
into a Comms-On-The-Move (COTM) application and anticipates that
the product will be generally available in Q3, 2015.
Other COTM and Airborne customers looking for early delivery of
the 25W or 50W ATOM Ka product should contact Norsat at +1 604 821
2800 or sales@norsat.com. For more information on Norsat's ATOM
series of products visit
http://www.norsat.com/solutions/norsat-microwave-products/atom-series/
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.