CMI. C-Com Satellite Systems Inc.

C-COM Receives US$1.28 Million in Antenna Orders from Customers Across Africa

Ottawa, Ontario--(Newsfile Corp. - October 2, 2018) - C-COM Satellite Systems Inc. (TSXV: CMI), the world's leading provider of commercial grade auto-acquire mobile satellite antenna systems, announced today that it has received orders for approximately US$1.28 million for its iNetVu® antenna systems from various customers across Africa. The systems have been purchased by several reseller partners and will be deployed by governments, militaries and commercial customers in the banking and broadcast sectors.



Mobile Banking Application in Africa Using C-COM Antennas

Cannot view this image? Please visit:

"While C-COM has been active in Africa for a number of years, the mobile VSAT market has been slow to develop for economic reasons," commented Drew Klein, Director of Business Development for C-COM. "These significant orders, from both new and existing C-COM's Africa-based integrators, are an indication that market conditions in the region may be improving, and that highly reliable and cost-effective auto-acquire antennas like C-COM's family of iNetVu® products are of high value," Klein continued.

C-COM expects to deliver these orders over the next few months.

The Company offers classic and next generation Driveaway, Flyaway, Fixed Motorized, and Backpack systems for any vertical market where satellite communications are needed, including when terrestrial networks are disrupted due to natural or other disasters. C-COM has more than 20 different Comm-on-the-Pause antenna models integrated with all major VSAT modem manufacturers and approved with most major satellite operators, and is working closely with more than 500 active dealers in over 100 countries. More than 8,000 iNetVu® systems have been sold since the brand's inception.

Working with a renowned research team at the University of Waterloo, the Company is also developing an electronically steerable, Ka-band flat panel antenna system based on phased array technology with the potential to revolutionize satellite's addressable market in all mobility markets: land, airborne and maritime.

ABOUT C-COM SATELLITE SYSTEMS Inc.

C-COM Satellite Systems Inc. is a pioneer and world leader in the design, development, and manufacture of mobile satellite-based antenna systems for the delivery of Broadband Internet to any location via Satellite. C-COM has developed a proprietary, one-button, auto-acquisition controller technology for rapid antenna pointing to a geostationary satellite with just the press of a button, enabling high-speed Internet connectivity where terrestrial markets are overloaded or simply don't exist. The company has sold approximately 8,000 systems to customers in over 100 countries providing service to a wide range of vertical markets such as Oil & Gas Exploration, Military Communications, Disaster Management, SNG, Emergency Communications, Cellular Backhaul, Telemedicine, Mobile Banking, and others. The Company's iNetVu® brand is synonymous with high quality, reliability and cost-effectiveness.

In partnership with a renowned research team at the University of Waterloo's Centre for Intelligent Antenna and Radio Systems (CIARS), C-COM has been developing a next generation Ka-band flat panel antenna based on advanced phased array technology for enabling high-throughput mobility applications over satellite: land, airborne and maritime. More information is available at: .

iNetVu® is a registered trademark of C-COM Satellite Systems Inc.

Forward Looking Statements

This news release contains forward-looking statements. These statements relate to future events or future performance and reflect management's current expectations and assumptions. Statements about the potential deployment of units ordered, what these orders imply about the state of the market in Africa going forward, timing of shipment of orders and the potential impacts of new technology under development all contain forward-looking information. Several factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Deployment of units ordered may not be as expected by C-COM and the receipt of the orders may not be reflective of the state of the market in Africa. Orders may take longer to ship than anticipated and orders may be cancelled for any number of reasons, some of which are beyond C-COM Satellite Systems' control. Anticipated benefits of the new technology may not be realized, and new products and services may not be released or, if released may not gain market acceptance. Any of those events and others could influence future performance and C-COM's ability to achieve the results mentioned above. These forward-looking statements are made as of the date hereof and C-COM does not assume any obligation to update or revise them to reflect new events or circumstances.

# # #

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.

Contact:
Investor Relations
C-COM Satellite Systems Inc.
Tel: (613) 745-4110 ext. 4950
Fax: (613) 745-1172

EN
02/10/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on C-Com Satellite Systems Inc.

 PRESS RELEASE

C-COM Phased Array Antenna Achieves Significant Step Towards Commercia...

Second successful satellite test over TelesatMarket size for phased array antennas projected to reach $17 billion over the next decadeOttawa, Ontario--(Newsfile Corp. - August 10, 2021) - C-COM Satellite Systems Inc. (TSXV: CMI) (OTCQB: CYSNF), a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today that its electronically steerable phased array antenna has passed another milestone test, delivering good results at different scanned angles over the Telesat Anik F3 satellite."Our 1024-element electronically steerable Ka-band, prototype Ph...

 PRESS RELEASE

C-COM Announces Issuance of Stock Options

Ottawa, Ontario--(Newsfile Corp. - July 22, 2021) - C-COM Satellite Systems Inc. (TSXV: CMI) (OTCQB: CYSNF), a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today that, pursuant to the requirements of the TSX Venture Exchange, it has granted options to purchase 150,000 common shares of C-COM to an officer of C-COM. The stock options were granted pursuant to the terms of C-COM's stock option plan and are exercisable at $2.90 per share.These grants form part of the overall annual remuneration package. Stock option grants are subject to nec...

 PRESS RELEASE

C-COM Reports Second Quarter Results

Company maintains quarterly dividend payout - for 41 consecutive quartersOttawa, Ontario--(Newsfile Corp. - July 20, 2021) - C-COM Satellite Systems Inc. (TSXV: CMI) (OTCQB: CYSNF), a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for the second quarter ended May 31, 2021.The Company generated revenues of $836,734 and a net loss after taxes of $219,203, or -1 cent per share. This compares with revenues of $1,061,665 and a net loss after taxes of $466,928, or -1 cent per share as reported in 2020. The year-to da...

 PRESS RELEASE

C-COM Announces Successful Satellite Test of Its Ka-band Phased Array ...

Ottawa, Ontario--(Newsfile Corp. - May 11, 2021) - C-COM Satellite Systems Inc. (TSXV: CMI) (OTCQB: CYSNF), a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today that it has successfully tested its electronically steerable phased array antenna over the Telesat Anik F3 satellite.4x4 ModulesTo view an enhanced version of this graphic, please visit:"We are excited to have reached this critical milestone in our development of a fully electronically steerable Ka-band, Phased Array, Mobile Satellite Antenna," said Bilal Awada, CTO of C-COM Sat...

 PRESS RELEASE

C-COM Grants Stock Options

Ottawa, Ontario--(Newsfile Corp. - April 22, 2021) - C-COM Satellite Systems Inc., (TSXV: CMI) (OTCQB: CYSNF) a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today that, pursuant to the requirements of the TSX Venture Exchange, it has granted options to purchase 500,000 common shares of C-COM to a director and officer of C-COM. The stock options were granted pursuant to the terms of C-COM's stock option plan and are exercisable at $3.65 per share. These grants form part of the overall annual remuneration package. Stock option grants are ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch