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Tue, August 31, 2010

exactEarth establishes Asian presence


Published on 2010-08-31 05:11:08 - Market Wire
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CAMBRIDGE, ON, Aug. 31 /CNW/ - exactEarth Ltd., the data services subsidiary of COM DEV International Ltd. (TSX: CDV), today announced that it has hired Albert Antoine as Regional Sales Director for Asia and the Pacific Rim. From his base in Singapore, Mr. Antoine will provide a local point of contact for customers in the region who purchase exactEarth's space-based Automatic Identification System (S-AIS) service, exactAIS(TM).

"Asia and the Pacific Rim are key markets for us, and we are pleased to take this step to demonstrate our commitment to servicing prospective customers in the region," said John Allan, exactEarth's Vice President, Global Sales and Marketing. "The economic, political and security implications of Maritime trade are key to this region and a satellite-based vessel monitoring service such as exactAIS is the only effective solution for true maritime domain awareness. We are actively engaged in discussions with a number of nations in the region to provide such a service."

Albert Antoine has provided consultancy services on maritime domain awareness issues for numerous Asian countries and been involved in installations of integrated maritime surveillance systems for search and rescue, maritime security, environmental and fisheries protection missions. Mr. Antoine has more than two decades of experience in the Asia Pacific region. He holds a M.Sc. from Massachusetts Institute of Technology, Sloan School of Management, as well as a Master in Computer Science from France's International Institute of Robotics and Artificial Intelligence.

The exactAIS data service delivers satellite-based AIS messages directly to end users for a variety of maritime surveillance applications. exactAIS provides the most capable satellite-based solution in the world, offering detection rates many times higher than other systems.

About exactEarth Ltd.

exactEarth Ltd. ([ www.exactEarth.com ]) is a data services company that leverages advanced microsatellite technology and globally deployed ground systems to deliver monitoring solutions characterized by high performance, reliability, security, and simplicity. exactEarth's initial service, exactAIS(TM), is a global vessel tracking and monitoring system based on world leading space-based advanced AIS detection technology. Based in Cambridge, ON, Canada, exactEarth is a subsidiary of COM DEV International Ltd., a leading global designer and manufacturer of space hardware subsystems.

This news release may contain certain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from results indicated in any forward-looking statements. COM DEV International ("the Company") cautions that, among other things, in view of the rapid changes in communications markets and technologies, and other risks including the cost and market acceptance of the Company's new products, the level of individual customer procurements and competitive product offerings and pricing, and general economic circumstances, the Company's business prospects may be materially different from forward-looking statements made by the Company.

The exactEarth logos and the words exactEarth and exactAIS are trademarks and the property of exactEarth Ltd. The triangular logo and the word COM DEV are each registered trademarks and the property of COM DEV Ltd. All rights reserved.

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