Seven Seas Communications Cuts Iridium Equipment Prices
Monday June 28, 2:00 pm Eastern Time
Company Press Release
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--June 28, 1999--In support of Iridium's announcement of changing market
strategies and lowering prices for satellite telephones, Seven Seas Communications is cutting equipment costs to its customers
dramatically effective immediately.
Iridium's announcement yesterday paves the way for Seven Seas to increase support levels for its targeted markets and to pass
substantial savings along to its customers.
''Seven Seas is extremely excited about the new direction that Iridium is taking,'' says Paul Adkins, general manager for Seven
Seas Communications. ''It is encouraging to see Iridium attacking its problems head-on.''
Headquartered in Ft. Lauderdale, Florida, Seven Seas Communications is a premier provider of satellite communications to the
marine, oil and gas, government, mining and construction industries worldwide.
Recent office expansions in industry centers such as Houston, Anchorage, Seattle and Washington, DC, combined with an
established dealer network throughout the world attest to Seven Seas' dedication to serving the needs of customers in these
industries. Seven Seas provides a full suite of satellite services and equipment including Iridium, Inmarsat A, B, M, Mini M, and
Oceancell (AMSC).
Seven Seas reports a positive response from the initial service price reductions announced in late May. With the dramatic
reductions in equipment pricing announced yesterday, Iridium establishes a price point that has never been seen before in global
mobile satellite communications.
''While Inmarsat and Oceancell services will continue to be an important part of overall product mix, we expect Iridium to play
an increasingly important role,'' says Adkins. ''We are committed to providing the best and most cost effective service and
equipment to our customers. Iridium is now positioned to be successful.''
For additional information about Seven Seas Communications please visit the website at www.sevenseascom.com, call
1-800-566-9600 or contact Patti Aston, Director, Marketing Communications, phone: 301/987-2213, e-mail:
paston@sevenseascom.com.
Iridium North America is the sole owner and operator of Iridium services in North America. Iridium North America is
headquartered in Tempe, Arizona and services the United States, Canada, Bermuda and Puerto Rico.
Iridium North America is backed by industry leaders at the forefront in integrating communication services: Motorola, Inc.,
Sprint Corporation and Iridium Canada, Inc. For additional information, please visit the web site at (http://www.Iridium.com)
or call 1-888-Iridium. Iridium World Communications (NASDAQ:IRID - news) is the public investment vehicle of Iridium
LLC.
Contact:
Seven Seas Communications
Patti Aston, 301/987-2213 or 800/566-9600
e-mail: paston@sevenseascom.com
website: www.sevenseascom.com
or
Iridium World Communications, 1-888-Iridium
website: iridium.com
More Quotes and News:
Iridium World Communications Ltd (Nasdaq:IRID - news)
Related News Categories: oil/energy, telecom
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