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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: MD Bryant who wrote (6400)	9/9/1998 10:12:00 AM
From: MD Bryant	Respond to of 18016

COM DEV JOINS SKYBRIDGE AS A PARTNER IN THE DEVELOPMENT OF ITS MULTIMEDIA BROADBAND SATELLITE CORPORATION PARIS, Sept. 9 /CNW/ - Today at Satel, an international satellite conference, being held in Paris (France), COM DEV International Ltd. of Cambridge, Ontario announced that, together with an affiliated company, COM DEV Satellite Communications Ltd., it would join the SkyBridge consortium as an industrial partner. COM DEV joins SkyBridge following the space system design finalization, which was announced in June. ''Having worked on SkyBridge since its inception,'' said Val O'Donovan, chairman and CEO of COM DEV International, ''we are delighted to become a partner in the SkyBridge consortium. It's a natural extension of our long-term relationship with Alcatel, and an essential part of our strategy of making COM DEV the foremost supplier of satellite payload subsystems to the world.'' ''SkyBridge is right on track with its development strategy and schedule,'' said Pascale Sourisse, president and CEO of SkyBridge LP. ''COM DEV is a leading technology supplier, with a long track record in the satellite business. Its outstanding expertise, already proven in its participation in the development of LEO constellations, will be a key competitive advantage for SkyBridge. COM DEV provides a perfect complement to our Alcatel-led international industrial team.'' ''More than ever, this new partnership agreement deeply roots the relationship between Alcatel and COM DEV'' said Jean Claude Husson, president and CEO of Alcatel Space. ''COM DEV is a strategic partner, which has been cooperating in almost all of our telecommunication satellite programs for more than 10 years.'' Alcatel's strengths, as initiator of the program, general partner, industrial architect and prime contractor, combined with global partnerships, ensures that SkyBridge is a truly international program attracting the best experts from all over the world. Alongside CNES, Loral Space & Communication, Mitsubishi Electric, Sharp, Spar, SRIW and Toshiba, COM DEV's participation demonstrates the momentum of the program and the universal interest focused on the next generation of satellite access systems. COM DEV International Ltd., a member of the TSE 300 (TSE/ME:CDV), is a leading manufacturer of space and ground-based wireless communications products and subsystems, and consists of two operating units: the Space Group and the Wireless Group. The Space Group manufactures advanced products that are sold to the major satellite prime contractors for use in commercial communications satellites. The Wireless Group manufactures ground-based infrastructure subsystems used in microwave and radio frequency systems, such as GSM and CDMA-based digital telephone systems, and wireless local loop networks. These products are sold primarily to major PCS wireless equipment vendors. COM DEV is a Canadian-based technology company and employs more than 1,200 people in facilities in Ontario, New Brunswick, the United Kingdom, the United States and China. /EDITOR'S NOTES: Based on a constellation of 80 Low-Earth-Orbiting (LEO) satellites, SkyBridge will deliver global connectivity to business and residential users worldwide with performance comparable to that of future terrestrial broadband technologies: - downstream speeds of up to 20 Mbps and up to 2 Mbps on the return link per residential user; - 3 to 5 times higher bit rates will be provided to business users. As an access system, SkyBridge will complement and extend terrestrial networks and help operators to solve the 'last mile' problem by providing an instant broadband connection to users that previously only had narrowband access. The SkyBridge system will optimize the use of the radio frequency spectrum by operating in the Ku-band, while fully protecting geostationary satellite systems and terrestrial services within the Ku-band through an innovative frequency re-use concept. The 1997 World Radiocommunication Conference approved this approach. SkyBridge services will be delivered locally through national and regional telecommunications operators and other service providers./