Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

NewSat announces new partner deal with Linowave

  • 05 July, 2007 16:52

<p>Strong revenue kick from Middle East deal</p>
<p>NewSat Limited (ASX:NWT) announced today that it has signed a partnership agreement with Linowave Solutions of Dubai to work together to market satellite-based telecommunications services throughout the Middle East and Europe.</p>
<p>The deal guarantees NewSat more than $1,000,000 in revenue over five years plus considerable scope for upside contingent on successful selling of services in the region as a result of the new partnership.</p>
<p>Linowave brings development and technical skills, local customer support and maintenance to the partnership while NewSat’s satellite expertise and technical infrastructure complements the agreement. Both parties have agreed to synergistically and aggressively market the new services in the target markets particularly the Middle East, north Africa and western Asia.</p>
<p>The deal was signed in Melbourne last week by Mr Louay Sakka, Vice President of Engineering for Linowave and Mr Mike Kenneally, Vice President of Sales for NewSat Limited.</p>
<p>“This innovative solution to the complex sales environment in the Middle East has been championed by NewSat’s Tom Wright who is based in Kuwait,” said Mr Adrian Ballintine, CEO of NewSat Limited.</p>
<p>“The deal is typical of arrangements NewSat is developing with others leaders in the telco industries.</p>
<p>“NewSat is working on other projects with other industry leaders such as Verizon, NextGen, and Soul to offer clients complete and flexible technical solutions in telecommunications.</p>
<p>“We expect to continue to develop our existing relationships and extend our network of co-operative marketing as we provide services which match the exacting needs of corporate and government clients,” he said.</p>
<p>The deal builds on the already announced partnership between Linowave and NewSat to develop 4th Generation telecommunications solutions together, especially in the satellite services segment. Linowave is headquartered in Dubai and has offices in Toronto, London, Doha, Jeddah and Kuwait which extends the sales reach of NewSat satellite services in these regions.</p>

Most Popular

Industry Events

24 May
ARN Exchange
20 May
View all events