TSI TelSys Corporation - Satellite communications Message Board

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Technology Stocks : TSI TelSys Corporation - Satellite communications

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To: Ron Struthers who wrote (32)	12/21/1998 7:34:00 PM
From: MF	Read Replies (2) of 241

News Release..... Order from Allied Signal/DataLynx TSI TelSys Corp TSI Shares issued 9,754,200 Dec 18 close $2.15 Mon 21 Dec 98 News Release Mr. Paul Sevigny reports TSI TelSys has received a $400,000 (U.S.) order from AlliedSignal Technical Services to provide its DataLynx venture with TSI TelSys Jaguar telemetry systems and related engineering services. AlliedSignal has been involved in the operation of more than 700 satellites, more than any other company. DataLynx is AlliedSignal's satellite command, control and communications network, a commercial venture that will provide remote sensing satellite operators with data acquisition services. TSI TelSys' Jaguar telemetry system acquires, distributes, stores and simulates telemetry data at rates up to 180 million bits per second. Orders for TSI TelSys' new Jaguar system now total over $2-million (U.S.). The Jaguar systems purchased by AlliedSignal will be deployed at DataLynx' first autonomous ground tracking station. WARNING: The company relies upon litigation protection for "forward-looking" statements.

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