Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : NSII - N S I COMMUNICATIONS Satellite Solutions -- Ignore unavailable to you. Want to Upgrade?

To: Jim O'Connell who wrote (34)	4/26/2000 10:32:00 AM
From: Jim O'Connell	Read Replies (1) \| Respond to of 36

Press Release - For Immediate Release For more information, contact: Phil Masella, Investor Relations Manager email: pmasella@nsicomm.com, Tel: (514) 956-8880 ext. 217, Fax: (514) 956-8251 NSI COMMUNICATIONS ANNOUNCES ORDERS TOTALING OVER $2 MILLION MONTREAL, CANADA, April 26, 2000. NSI Communications Inc. ("NSI") announced today that it has received orders totaling over $2 million. Included in these orders is a contract exceeding $1.6 million to supply a major wireless telecommunications carrier in Africa with a 15 station VSATPlus II network. This network will provide voice and data connectivity to the carrier's subscribers using R2 and C7 signaling. The network consists of a teleport station in Europe and 14 remote stations dispersed in Africa. The teleport will provide connectivity to public telephone and data networks. The balance of the orders consist of miscellaneous orders from NSI's existing customers. John Barkwith, NSI's Director of Business Development commented, "The growing demand for communications in developing countries has never been more apparent than now. This new contract demonstrates that NSI's VSATPlus II system continues to prove itself as a cost-effective communications system for a variety of telecom applications." NSI is a leading international provider of full-meshed VSAT (Very Small Aperture Terminals) networks allowing for the satellite-based transmission of telephone, data and video. VSAT networks provide organizations, which have geographically dispersed locations, with efficient and secure communication facilities in areas of the world where conventional telecommunication infrastructures are lacking. NSI?s VSATPlus II TDMA-DAMA technology is particularly well suited for complex private networks, telephone trunking applications and multi-line rural telephony. NSI also provides turn-key satellite communication systems solutions, ranging from single earth stations to complete national and international telecommunication networks. NSI supports its worldwide customer base from its offices in Canada, United States, Mexico, China and Indonesia. NSI currently has 44,232,328 common shares outstanding, which are quoted for trading on the Canadian Dealing Network under the symbol "NSII". This document may contain certain forward-looking information and statements concerning the Company's operations, performance and financial condition, including, in particular, the likelihood of the Company's success in developing and expanding its business. These statements are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. - 30 -