- Company unveils Rapid Application Development Environment variant of GLOBETrekker-
Vancouver British Columbia – September 12, 2007 – Norsat International Inc. (“Norsat”) (TSX: NII and OTC BB: NSATF), a leading provider of intelligent satellite solutions, announced today that it has released its Rapid Application Development Environment (RADE) satellite terminal at the DSEi Defense Systems & Equipment International Exhibition, the world’s largest fully integrated international defense exhibition. RADE is a variant of Norsat’s GLOBETrekker ultra-portable satellite terminal that includes an environmentally-controlled baseband enclosure that is compatible with most commercial and specialized modems.
“With the introduction of RADE, we believe we have developed an important competitive differentiator,” said Dr. Amiee Chan, President and CEO, Norsat International Inc. “Satellite terminal users, especially government organizations, are increasingly looking to integrate their own baseband equipment into their systems. Through the environmentally-controlled, flexible baseband enclosure offered with our RADE model, we enable our customers to integrate commercially available or government-sensitive modems, without sacrificing system functionality in the face of extreme weather conditions.”
Norsat’s RADE, like the company’s GLOBETrekker, is an ultra portable satellite terminal system that fits completely into two airline checkable suitcases. RADE’s baseband enclosure is a self-regulating unit that adapts to its external environment, ensuring the entire satellite terminal system remains operational in cases of extreme temperatures or frequent weather changes. In addition, its flexible design makes it compatible with industry-leading modem models.
Norsat’s RADE variant of the GLOBETrekker is on display at the company’s booth, # 1211 at the Defense System Equipment and International Exhibition at the EXCEL Centre in London, UK. The DSEi Defense Systems & Equipment International Exhibition runs from September 11 – 14, 2007. Further information is available by calling 1-410-703-1607.
About Norsat International Inc.
Norsat International Inc. designs, engineers and markets intelligent satellite solutions for high-speed data transmission. Additional information is available at www.norsat.com. Further information is available through email at investor@norsat.com or by phone, 1-604-821-2808.
For further information, contact:
Kristen Dickson
Investor Relations
The Equicom Group
Tel: 416-815-0700 x 273
Forward Looking Statements
Statements in this news release relating to matters that are not historical fact are forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, general economic conditions, changes in technology, reliance on third party manufacturing, managing rapid growth, global sales risks, limited intellectual property protection and other risks and uncertainties described in Norsat’s public filings with securities regulatory authorities.
This information should be read in conjunction with Norsat’s audited consolidated financial statements and related notes included therein for the quarter ended June 30, 2007, and the Management Discussion and Analysis for quarter ended June 30, 2007. The company’s results are consolidated with those of Norsat.
All of the company’s financial statements are prepared in accordance with generally accepted accounting principles in Canada (Canadian GAAP). Additional information may be found at www.norsat.com.
