OTTAWA, ONTARIO -- (Marketwired) -- 08/13/13 -- C-COM Satellite Systems Inc., (TSX VENTURE: CMI) the leading global provider of mobile auto-deploying satellite antenna systems, announced today that it has entered into a white label agreement with one of Asia's largest electronic manufacturers ("The Company").
C-COM's proprietary iNetVu antenna technology will be integrated with The Company's products and services, and distributed worldwide under their own name. The Company is a global enterprise with over 90 subsidiaries and with a presence in over 20 countries.
"This white label agreement should accelerate the introduction of our iNetVu® mobile antennas into many new vertical markets, especially in Asia. Delivering comprehensive turnkey solutions using our highly acclaimed iNetVu® mobile antennas, coupled with the innovative technologies from our new partner, should open up new opportunities to both companies," said Leslie Klein, President and CEO of C-COM satellite Systems Inc.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in the development and deployment of commercial grade mobile satellite-based technology for the delivery of two-way high-speed Internet, VoIP and Video services into vehicles. Founded in 1997, C-COM has developed a unique proprietary auto-deploying (iNetVu®) antenna that allows the delivery of high-speed satellite based Internet services into vehicles while stationary virtually anywhere where one can drive. The iNetVu® mobile antennas have also been adapted to be airline checkable and easily transportable. The company's satellite-based products and services deliver high-quality, cost-effective and reliable solutions for mobile applications throughout the world. More information is available at: www.c-comsat.com
The Company is listed on the Toronto TSX Venture Exchange (TSX VENTURE: CMI)
iNetVu® is a registered trademark of C-COM Satellite Systems Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release contains forward-looking information. These statements relate to future events or future performance and reflect management's current expectations and assumptions. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. New orders anticipated by C-COM Satellite Systems Inc. may not be received and current orders may be cancelled. New products and services released may not gain market acceptance. Any of those events could have an effect on future performance and C-COM Satellite Systems Inc.'s ability to achieve the results mentioned above. These forward-looking statements are made as of the date hereof and C-COM Satellite Systems Inc. does not assume any obligation to update or revise them to reflect new events or circumstances.
C-COM Satellite Systems Inc.
(613) 745-4110 ext. 4950
(613) 745-1172 (FAX)
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