News Release.....
TelSys begins support of International Space Station TSI TelSys Corp TSI Shares issued 9,754,200 Jan 4 close $2.05 Tue 5 Jan 99 News Release Mr. Chuck Kozlowski reports TSI TelSys telemetry equipment, which is deployed at NASA's Marshall Space Flight Center, has successfully performed early communications support for the International Space Station. The ECOM checkout involved testing the performance of the International Space Station program's communications equipment, including its data relays. International Space Station data are transmitted from the space station to a tracking data relay system satellite, which then sends these data to an earth station at White Sands, New Mexico from where they are relayed to Marshall Space Flight Center in Alabama. At Marshall Space Flight Center, these data are finally processed using TSI TelSys's telemetry system. To date, 13 TSI TelSys telemetry systems costing $3.9-million (U.S.) have been deployed at NASA centres in support of the International Space Station program. TSI TelSys systems have been installed at Marshall Space Flight Center in Alabama, Johnson Space Center in Texas and Kennedy Space Center in Florida to support S-band communications, Ku-band communications, video processing and test and simulation for the International Space Station program. TSI TelSys has also signed $0.7-million (U.S.) in maintenance contracts to provide support to NASA for these systems to date, of which $0.2-million (U.S.) is still remaining. Currently, TSI TelSys also has a remaining backlog of $1.6-million (U.S.) in orders from NASA for TSI TelSys systems for its ADEOS-II program, an earth observation satellite being developed to study changes in the global environment, and another $0.6-million (U.S.) in maintenance contracts with NASA for these systems, all of which is remaining. WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com |