Global Telesat Awarded U.S. Navy Contract for Mobile Satellite Equipment
(firmenpresse) - KENNEDY SPACE CENTER, FL -- (Marketwire) -- 05/15/12 -- World Surveillance Group Inc. (OTCBB: WSGI), a developer of lighter-than-air unmanned aerial vehicles and related technologies, announced today that its wholly owned subsidiary, Global Telesat Corp. ("GTC"), has been awarded a new contract to supply the U.S. Navy with mobile satellite equipment. The contract calls on GTC's near-decade experience in providing government customers with mobile satellite solutions, including satellite voice, data and tracking solutions.
The recently awarded contract is for GTC to supply to the Navy specialized equipment capable of providing high speed data communications by satellite anywhere on the planet. The equipment to be provided under the contract allows teams access to office-based applications like email, internet or VPN access, as well as other applications that require more bandwidth such as videoconferencing or live broadcasting, in remote areas where no other forms of communications exist.
WSGI's President and CEO, Glenn D. Estrella, stated, "We are delighted to have been awarded this contract by the U.S. Navy for GTC's specialized mobile satellite equipment and look forward to broadening our relationship with the Navy. We are encouraged by the near-term results of our strategy to accelerate our sales and marketing efforts for our GTC business unit, and we see the potential for significant growth based on the level of interest we are receiving from both U.S. Government and commercial customers. We intend to continue to execute our strategy to ultimately garner a larger share of the multi-billion dollar satellite communications market."
About World Surveillance Group Inc.
World Surveillance Group Inc. (OTCBB: WSGI) designs, develops, markets and sells autonomous, lighter-than-air UAVs capable of carrying payloads that provide persistent security and/or wireless communications solutions at low, mid, and high altitudes. WSGI's airships, when integrated with electronics systems and other high technology payloads, are designed for use by government-related and commercial entities that require real-time intelligence, surveillance and reconnaissance or communications support for military, homeland defense, border control, drug interdiction, natural disaster relief and maritime missions. For more information regarding WSGI, please visit , or view our reports and filings with the Securities and Exchange Commission on .
About Global Telesat Corp.
GTC provides mobile voice and data communications services globally via satellite to the U.S. government, defense industry and commercial users. GTC specializes in services related to the Globalstar satellite constellation, including ground station construction, satellite telecommunications voice airtime, and tracking services. GTC has recently launched its e-commerce mobile satellite solutions portal and is an authorized reseller of satellite telecommunications equipment and services offered by other leading satellite network providers such as Inmarsat, Iridium, and Thuraya. GTC's equipment is installed in various ground stations across Africa, Asia, Australia, Europe and South America. For more information regarding GTC, please visit .
Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include GTC's ability to expand its relationship with the U.S. Navy or any other customer, the capabilities and success of GTC's new website and any of its products, services or solutions identified therein, GTC's ability to capture any portion of the global MSS market or grow its business, the Company's or GTC's ability to secure and/or satisfy government, commercial or other customers for any of their respective products, GTC's ability to service the needs of its customers, GTC's ability to leverage its government-related experience, the Company's or GTC's ability to execute on its strategies, the results of any strategy, or its ability to accomplish any of its goals or objectives, the Company's or GTC's ability to generate new revenue streams, the further advancement, development or commercialization of any of the Company's or GTC's products, the capabilities and advantages of, and costs related to, the Company's and GTC's technology and products and services, and the suitability of any of GTC's products or services for any particular application. The words "forecast," "project," "intend," "expect," "plan, " "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.
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Datum: 15.05.2012 - 13:20 Uhr
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News-ID 146655
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