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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Shoot1st who wrote (32682)	5/10/2000 12:27:00 PM
From: arno	Respond to of 63513

From the NSATF thread: LGIC Agrees To Purchase Norsat Ka-band Outdoor Units (ODU) For Koreasat Broadband Initiative BURNABY, B.C.--(BUSINESS WIRE)--May 10, 2000--Norsat International Inc. (TSE: NII.) (Nasdaq: NSATF) today announced the signing of a multiyear purchase agreement with LG Information & Communications, LTD. (LGIC) for two-way Ka-band Outdoor Units (ODUs). For its first application-satellite interactive terminals for a high-speed broadband, interactive distance learning network-LGIC plans to purchase approximately 2000 Norsat ODUs. LGIC is implementing Korea Telecom's Koreasat broadband initiative. This is the world's first commercial order for two-way Ka-band end-user terminals, a significant milestone for high-speed broadband. "Norsat is pleased to have been selected by LGIC to supply systems for this next-generation satellite network," said Robert H. Bucher, Norsat's President and CEO. "The Koreasat distance learning network, designed to deliver basic and supplemental interactive education to schools regardless of their location, is an excellent first commercial application for two way Ka-band satellite technology. Norsat's leadership strategy in advanced interactive terminals is to be ready to supply fully featured, thoroughly tested products in commercial quantities when our customers networks are ready. LGIC's selection of Norsat's ODU's underscores both the value of that strategy and the potential for our terminal products." The ODU consists of a Norsat Ka-band transceiver, including satellite signal receiver and transmitter, as well as the dish antenna, and has been engineered to international open standards specifications. "We are pleased to be moving from the test phase into practical applications," said Mr. Jae-Am Kim, Project Manager of the LGIC Satellite Business Team. "Together with Norsat and our other partners, we are breaking ground that will give the people of Korea access to one of the world's most advanced IP over ATM networks." The Korea Telecom broadband initiative utilizes Koreasat 3, a multi-use satellite launched last year with three Ka-band transponders. Koreasat 3 is configured to provide a range of multimedia services including interactive distance-learning, HDTV, multichannel DBS (Direct Broadcast Services) and DTH (Direct To Home) services to any country in Southeast Asia. LG Information & Communications, Ltd.(LGIC) is an integrated information and communications company which provides advanced systems and components including transmission devices and terminals. Norsat International Inc. designs, engineers and distributes premium products for use in the satellite wireless communications industry. It has four principal operating units. Norsat Satellite Products is a supplier of satellite signal receivers, transmitters, and other ground station equipment. Norsat Broadband Networks develops components and systems to the satellite broadband IP market. Norsat Narrowband Networks specializes in voice and data products and services for the Globalstar satellite constellation. The Company's Norsat America Inc. subsidiary operates a network of 14 branch offices across the U.S. and is a distributor of DIRECTV(R) satellite service to the direct-to-home (DTH) market and a DIRECTV(R) Master System Operator (MSO) for the multiple dwelling unit (MDU) market. Norsat America also distributes DirecPC. 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. --------------------------------------------------------------------------------

To: Shoot1st who wrote (32682)	5/10/2000 12:32:00 PM
From: Junkyardawg	Read Replies (1) \| Respond to of 63513

I think it was more fun when we were making money. dawgyainthavingfun.com

To: Shoot1st who wrote (32682)	5/10/2000 1:28:00 PM
From: Poet	Read Replies (2) \| Respond to of 63513

Shhhhhhh.......Jorjie's not here, let's raid the liquor cabinet and party. <g> Can I deduct 200 points from my Naz close guess? jeepers!