Exigent Receives Add-On for GPS Program; Total Potential Value Is $6 Million
PR Newswire, Monday, June 29, 1998 at 08:27
MELBOURNE, Fla., June 29 /PRNewswire/ -- Exigent International, Inc.
(BB: XGNT; CHX: XNT) subsidiary Software Technology, Inc.
(STI) announces a $6 million add-on to an existing Global Positioning System
(GPS) subcontract. Additional licenses and maintenance over the next 2 plus
years have a potential of generating an additional $6 million for STI's
flagship command-and-control product OS/COMET.
OS/COMET is the core element of the software subsystem that provides
Telemetry, Tracking, and Control (TT&C) for new GPS ground stations.
OS/COMET's state-of-the-art capabilities supports STI's customer needs with
maintenance and OS/COMET software in making time and orbit management more
precise for greater accuracy and reliability. OS/COMET has been certified as
Y2K compliant, meeting a requirement for the customer's applications. The
system was selected as a key component of the GPS architecture upgrade
in 1995.
In addition to providing software, STI supplies engineering services and
training to tailor the OS/COMET database and software facilities to the
demanding needs of the customer's requirements. As a subcontractor to the GPS
program, and as the primary developer for the TT&C mission capability, STI has
supplied a number of incremental releases of steadily increasing
functionality. The latest release has significant improved functionality, in
addition to being Y2K-compliant.
STI is a subcontractor to Lockheed Martin Mission Systems on the GPS
program.
Exigent International, Inc. (http://www.xgnt.com) is a holding company
capitalizing on emerging high-technology opportunities; specializing in
satellite command and control solutions for systems such as IRIDIUM(R) and the
NAVSTAR Global Positioning System (GPS). For more information contact: Don
Riordan, CFO at 407-952-7550 or 888-952-XGNT, or fax 407-952-7555.
IRIDIUM is a registered trademark and service mark of Iridium LLC.
SOURCE Exigent International, Inc.
-0- 06/29/98
/CONTACT: Don Riordan, CFO of Exigent International, 407-952-7550 or
888-952-XGNT, or fax, 407-952-7555/
/Web site: xgnt.com
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