Monday, May 7, 2012
Beam receives a $5 M commitment from Telstra for Satellite Docking Stations and Iridium Handsets
Melbourne, Australia, May 8, 2012 -- Beam Communications Pty Ltd, a wholly owned subsidiary of World ReachLimited (ASX: WRR), announces it has received a commitment from Telstra to purchase a minimum of USD5.1 M of Iridium based satellite docking stations and product bundles over the next 12 months. The initial shipment (valued at USD1.65 M) is expected to be fulfilled by 30 June 2012, the balance being called upon as required over the 12 month period.
With the release of Iridium Extreme, the toughest satellite handset ever made, Beam Communications has developed and manufactured a range of next-generation docking stations. Beam was the first company globally to receive certification from Iridium Communications Inc. (Nasdaq: IRDM). Beam docking solution extends the functionality of the Iridium Extreme Satellite Phones so they can be used for voice, data and tracking services indoors, in-vehicles, on vessels and in other remote locations where easy or enhanced access to satellite communications is required.
“The new order from Telstra in the Australian market is further reinforcement of Beam's global positioning as the leading provider of handset docking stations for Iridium and Inmarsat, the world's largest satellite operators, said Michael Capocchi, Managing Director at WorldReach and Beam Communications. “Due to our long and close relationship with Telstra we have been able to develop these products to be user friendly and reliable which is crucial for the areas where most satellite users are”
The order follows work done by Telstra and Beam to better address the communication needs of customers in the mining, transport, emergency services, relief aid, and recreational (maritime and four wheel drive) sectors. The innovative solutions that were developed comprise Beam-designed and manufactured satellite docking stations and related accessories plus the Iridium Extreme satellite handset. Telstra is using its Enterprise, Business and Government sales force, along with its extensive retail distribution network, to provide the various solutions to customers.
Beam is a strategic manufacturer of both Inmarsat and Iridium satellite docking stations for the