1 December 2009
Sarantel Group PLC
Sarantel signs Antenna Development agreement with TerreStar
Sarantel Group PLC, (AIM: SLG, "Sarantel"), a leading manufacturer of high-performance, miniature filtering antennas for mobile and wireless devices, has signed an agreement with mobile communications provider TerreStar Networks Inc, ("TerreStar"), a majority-owned subsidiary of TerreStar Corporation (NASDAQ: TSTR), to develop an antenna solution to support future integrated satellite terrestrial mobile devices designed for government, public safety, enterprise and consumer users.
Under the agreement, Sarantel will develop a new antenna solution to fit the high performance and small size requirements for TerreStar's next generation reference design platform. The resulting platform will enable satellite connectivity to be embedded in a broad range of new conventionally-sized smartphones and machine-to-machine devices.
David Wither, chief executive officer, Sarantel said;
"This agreement, although modest in terms of the company's revenue, is important as it demonstrates our ability to provide antenna solutions for a broad range of devices. We believe TerreStar's integrated satellite terrestrial network will enable the development of a number of exciting new applications and we look forward to supporting their efforts."
This agreement broadens TerreStar's current development programs for advanced technologies that combine the ubiquity of a North American satellite footprint with the connectivity of terrestrial wireless networks.
Dennis Matheson, chief technology officer, TerreStar Networks said;
"Sarantel represents the type of innovative companies we continue to partner with in order to advance our technology platforms. We believe Sarantel's antenna technology has the potential to dramatically simplify the design of integrated satellite terrestrial handsets and data terminals required to support a range of applications, across multiple vertical markets."
Enquiries
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Sarantel Group PLC |
01933 670 560 |
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David Wither, Chief Executive Officer |
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Sitkow Yeung, Finance Director |
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Merchant John East Securities Limited |
020 7628 2200 |
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John East/Simon Clements |
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College Hill |
020 7457 2020 |
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Carl Franklin/Adrian Duffield |
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About Sarantel
Sarantel is a leader in the design of high-performance miniature antennas for portable wireless applications. Sarantel's revolutionary ceramic filtering antennas offer dramatically improved performance over existing antenna designs, resulting in a clearer signal, better range and a 90 per cent reduction in the amount of signal radiation absorbed by the body. Because of their smaller size and higher capabilities, Sarantel's antennas enable manufacturers to create innovative wireless products for the GPS, WiMax, Satellite Radio and Satellite phone markets.
About TerreStar Networks Inc.
TerreStar Networks (www.terrestar.com), a majority owned subsidiary of TerreStar Corporation (NASDAQ: TSTR), plans to offer a reliable, secure and resilient satellite terrestrial mobile broadband network that will provide voice, data and video services dedicated to helping solve the critical communication and business continuity challenges faced by government, emergency responders, enterprise businesses and rural communities. TerreStar expects to offer next generation mobile communications through a network of partners and service providers to users who need "anywhere" coverage throughout the United States.