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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Scientist who wrote (18325)10/24/2000 6:15:34 PM
From: go_globalstar  Respond to of 29987
 
Norsat Ships Ka-Band Terminal Prototypes To Korea

BURNABY, B.C., Oct 24, 2000 (BUSINESS WIRE) -- Norsat (NASDAQ:NSATF) (TSE:NII.) today announced that it has completed the shipment to Korea of 12 Ka-band terminal prototypes for field testing on Korea Telecom's satellite broadband network.

The applications to be tested included two-way Internet and distance learning. Volume deliveries are expected to begin later in the year.

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 and provides an after-market maintenance and repair service. 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: Rocket Scientist who wrote (18325)10/24/2000 8:42:27 PM
From: defendall  Read Replies (1) | Respond to of 29987
 
In Southern California there has been only one add in the L.A. Times one day a week ago for GSTRF. I know the owner of one of the dealers listed in the add and went by his store. He has a great display set up with GS posters and phones on display. They have sold about 12 phones and got some calls off the add but says nobody knows about the product when they come in.
He also is always checking out his competition by going by their stores and stated none of the Verizon people in our area know the product nor do they have phones on display.