Liberty Satellite & Technology Inc. - LSATA Message Board

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Technology Stocks : Liberty Satellite & Technology Inc. - LSATA

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To: Xenogenetic who wrote (4)	8/17/2000 12:07:14 AM
From: dwight martin	Read Replies (1) of 24

"In July 1999, the Company negotiated a preliminary agreement (the "Asvan Agreement") with Asvan Technology, LLC ("Asvan"). The Asvan Agreement provides for Asvan to transfer certain assets to the Company's subsidiary, TSAT Technologies, Inc. ("Technologies Sub") in exchange for a 20% equity interest in Technologies Sub and for the Company to contribute a maximum of $3,000,000 in exchange for an 80% equity interest in Technologies Sub. The Asvan Agreement contemplates that Technologies Sub will perform research and development related to certain emerging technologies. The operations of the subsidiary are consolidated into the accompanying consolidated financial statements." Above from a previous quarterly report. Asvan is pretty elusive, there is only this at: nwest.nist.gov Submission from Asvan Technology, LLC Does your company wish to become one of N-WEST's Supporting Companies? Yes Would your company partner with N-WEST under the right circumstances? Yes Is your company willing to review detailed draft N-WEST plans? Maybe Is your company willing to participate on N-WEST working groups? Maybe Which categories describe your company's broadband wireless business? Subsystems Supplier, Component Supplier, Consultant Comment We are a new company, but with some ideas and a lot of interest in this area. Our background is in component and subsystems development and measurement and instrumentation. We would very much like to be involved in the activities. Submitted on 04/22/99 by: Mr. Ganesh Basawapatna President Asvan Technology, LLC P. O. Box 4878 Englewood, CO 80155 USA 303-770-6643 (tel) 303-770-6506 (fax) basawapatna@ieee.org

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