OTTAWA, ONTARIO, Feb. 1, 2011 (Marketwire) --
C-COM Satellite Systems Inc. (TSX VENTURE:CMI) ("C-COM" or the "Company") one of the leading global providers of mobile auto-deploying satellite antenna systems today announced that it has received orders in excess of $1,350,000 for its iNetVu(R) mobile antenna systems from its resellers in the USA, Russia, Japan, Malaysia, Thailand, China and the Middle East.
The iNetVu(R) vehicle mount and Flyaway antenna systems will be deployed for use by Oil and Gas customers, telecomm providers, the military and government agencies and will be delivered in the first quarter ending February 28, 2011.
"A large number of these systems orders originate from repeat customers who have standardized on the iNetVu(R) mobile antennas, which have proven to be extremely reliable under even the most adverse conditions." said Leslie Klein, President and CEO of C-COM.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in the development and deployment of commercial grade mobile satellite-based technology for the delivery of two-way high- speed Internet, VoIP and Video services into vehicles. C-COM has developed a unique proprietary Mobile auto-deploying (iNetVu(R)) antenna that allows the delivery of high- speed satellite based Internet services into vehicles while stationary virtually anywhere where one can drive. The iNetVu(R) Mobile antenna has also been adapted to be deployable from transportable platforms. The company's satellite-based products and services deliver high-quality, cost-effective solutions for both fixed and mobile applications throughout the world. More information is available at: www.c-comsat.com
iNetVu(R) is a registered trademark of C-COM Satellite Systems Inc.
Forward Looking Statements
This news release contains forward-looking information. These statements relate to future events or future performance and reflect management's current expectations and assumptions. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward- looking statements. New orders anticipated by C-COM Satellite Systems Inc. may not be received and current orders may be cancelled. New products and services released may not gain market acceptance. Any of those events could have an effect on future performance and C-COM Satellite Systems Inc.'s ability to achieve the results mentioned above. These forward-looking statements are made as of the date hereof and C-COM Satellite Systems Inc. does not assume any obligation to update or revise them to reflect new events or circumstances.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
C-COM Satellite Systems Inc.
613-745-4110 ext. 4950