Technology Stocks : KVH Industries, Inc.
KVHI 12.850.0%Jul 13 8:00 PM EDTNews

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To: Sector Investor who wrote (1358)9/7/2002 10:57:16 PM
From: Sector Investor  Read Replies (1) of 7012
This is significant news that we never heard

GCS is Global Communications Solutions

Check out both the June and July P/Rs here;

From June - GCS received a major Defense Inmarsat Communications Contract with a 10 year potential value of $1 Billion.

<< GCS Wins Major Satellite Equipment and Services Contract - June 2002

The US Defense Information Systems Agency has awarded a contract for SATELLITE PHONE AIRTIME, equipment and services to Global Communications Solutions (GCS) of Victor NY.

GCS ALONG WITH FOUR OTHERS WILL PROVIDE INMARSAT EQUIPMENT AND AIRTIME SERVICES FOR A PERIOD OF TEN YEARS. With a 10-year total potential value of all contracts awarded of $1B, it ranks as one of the largest small business contracts ever awarded by the U.S. Government.

<< "This is clearly one of the most comprehensive and complete contract vehicles ever awarded for this type of service. Typically, the contracts are separated into equipment, airtime, and maintenance at a much smaller value. This contract is all-inclusive and leverages our ability to provide a total communications solution,">>

And, from the July P/R, KVH will provide Inmarsat Communications services to GCS

<< GCS Awarded INMARSAT Fleet F77 Satellite Communications Distributorship - July 2002

Rochester, New York. GCS (Global Communications Solutions) announces the addition of INMARSAT Fleet F77 Maritime Satellite Communications equipment and service to it¹s product portfolio. GCS is offering the KVH TracPhone F77 voice/fax/data terminal and airtime services through several land earth station operators to individuals and maritime businesses in the United States and around the world. >>

<< "This partnership with KVH will allow GCS to provide custom satellite telecommunications systems to a wider range of customers than ever before," said Tim Young, Director INMARSAT Business. >>
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