ASX Company News: NewSat Secures Another Middle East Satellite Contract

April 26th, 2012

NewSat Limited (NWT), Australia’s satellite company, announced the signing of a contract with a leading US based satellite communications company. The commitment is for the purchase of US$13 million of Jabiru satellite transmission capacity over the Middle East. The three year contract is with an existing NewSat teleport customer, who is a significant supplier to the US Government and large global enterprises. For commercial and competitive reasons the customer details cannot be disclosed at this time and remain confidential.

In commenting on the multi-million dollar contract, Adrian Ballintine, NewSat Founder and CEO said: “This new Jabiru contract takes the total of binding pre-launch contracts to US$571 million. It is with one of our existing long-term teleport customers whose business continues to grow exponentially across the Middle East. Satellite bandwidth is scarce across this region, and today they have secured a significant amount of Ka-band capacity to support their future growth requirements.”

NewSat Limited (NWT) is Australia’s largest specialist satellite communications company, delivering Internet, voice, data and video communications via satellite. With its unique-to-Australia Teleport infrastructure, NewSat provides a full range of managed satellite communication services and has established a reputation as the partner of choice for governments, corporations and private enterprises. Today, NewSat has the ability to provide coverage to 75% of the globe; from Australia, Asia, the Middle East, Africa, across the Indian Ocean extending into Europe and across the Pacific Ocean, reaching into the West coast of the USA.

www.newsat.com.au

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