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Technology Stocks : Orbital science (ORB)

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To: jgibbs who wrote (1276)3/20/1998 12:38:00 PM
From: Mohan Marette   of 2394
 
Orbcomm opens European Gateway.

jgibbs and thread:

This just in:

biz.yahoo.com

Excerpt:

The ORBCOMM European Gateway will be staffed 24 hours a day, seven days a week by MCS Europe, the sole European telecommunications company offering ORBCOMM services in Europe.

''The opening of the European Gateway is a watershed for ORBCOMM, a key step towards bringing ORBCOMM services to millions of potential customers across Europe,'' said Andre Halley, Managing Director of ORBCOMM International. ''MCS Europe has proven to be the perfect partner to bring the unprecedented solution of ORBCOMM to life in Europe.''

''MCS Europe and ORBCOMM are working to reshape the communications landscape in Europe,'' explains Bartolo Mignosa, Chief Executive Officer of MCS Europe. ''The ORBCOMM satellites will offer global tracking, remote two-way communication and enhanced asset management for European businesses. We are excited about the fact that the European Gateway is ready for pre-commercial testing and that MCS Europe is going to provide data communications services.''

MCS Europe is a telecommunications company providing worldwide data communication solutions and services. The company was founded in 1996. It is a joint venture of five leading satellite communications companies in Europe, and is led by Telespazio (Telecom Italia Group). The companies are: Telespazio (Telecom Italia Group) in Italy, INSA (Ingenieria y Servicios Aerospaciales S.A.) in Spain, OHB - System GmbH in Germany, SATCOM International PLC in the United Kingdom and SSC (Swedish Space Corp.) in Sweden. The headquarters of MCS Europe are located in Amsterdam.


ORBCOMM is a mobile satellite service provider offering high-value, two-way data and messaging communications globally through international service licensees and in the U.S. through value-added resellers and direct sales. ORBCOMM applications include monitoring of industrial assets such as pipelines, storage tanks and heavy equipment; tracking of mobile assets such as trailers, railcars and shipping containers; and two-way message communications in the consumer, commercial and military markets.
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