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Technology Stocks : KVH Industries, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (1446)	10/6/2002 8:45:08 PM
From: Sector Investor	Read Replies (1) \| Respond to of 7249

In May, KVH issued a P/R and mentioned 240,000 Inmarsat terminals. Inmarsat Tops 250,000 Terminals Worldwide September 24, 2002/Satnews/ ? Inmarsat Limited, the world's leading global mobile satellite communications provider announced today it has topped more than 250,000 activated satellite communication terminals worldwide. Over 50,000 of these terminals have been activated since the year 2000 and a terminal purchased by an Australian mining and exploration company brought the tally to the quarter of a million mark. Bolnisi Gold, an ASX-listed developer of mainly gold mining properties recently purchased an Inmarsat Global Area Network (GAN) World Communicator, from Inmarsat partner Xantic. The terminal is now operating from a major Bolnisi Gold project site in Chihuahua, Mexico. While the Bolnisi Gold team are in Chihuahua exploring property and evaluating it for mining potential, large amounts of data about the drilling core is sent regularly to head office in Sydney and a senior mining consultant in Lismore, Australia. The evaluation team sends orders and reports via Inmarsat's GAN satellite terminal at 64 kbit/s. "Our projects are located in remote areas and in many cases, phone, fax and - most definitely email - facilities are almost non-existent." said Ken Phillips, Exploration Director, Bolnisi Gold. "The Inmarsat GAN is our prime means of communicating with the outside world." This is not the first Inmarsat terminal purchased by Bolnisi Gold. The company also utilises two Inmarsat M terminals at its producing mine in Georgia, in the former Soviet Union. The Inmarsat M is a briefcase-sized, personal communicator which offers phone, fax and 2.4 kbit/s data. "At the Georgia site there are some limited landline facilities providing a link between our base and the Georgian capital Tbilisi 70 kilometers away," Phillips said. "This system is extremely basic, expensive, slow and unreliable. It is limiting and we cannot count on it for the type of sophisticated communications we require. It is reassuring having our own communications system that we can depend upon - courtesy of Inmarsat." Inmarsat Ltd. managing director Michael Butler said, "Inmarsat prides itself on delivering reliable, innovative high speed mobile wireless communications solutions. This meets the increasing demand from organizations for instant access to real-time data, e-commerce and Internet services from almost any point on the globe, no matter where that is be it remote locations parts of Mexico, or central Sydney." "Whether a company's principal activity is transportation, saving lives or mining for gold, there needs to be strong assurance that their communications networks are dependable. Inmarsat has over 22 years experience in meeting this requirement for customers all over the world," he said. By 1995, Inmarsat had 50,000 activated terminals. In two years - 1997 - this figure had doubled to 100,000. Inmarsat edged this up to 200,000 in 2000, and now activations have surpassed the 250,000 mark.