25 May 2010 07:00
Date: 25 May 2010
On behalf of: Avanti Communications Group plc ("Avanti", "the Group" or "the Company")
Embargoed until: 0700hrs
Avanti Communications Group plc
§ Contract win
Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, is pleased to announce that it has been selected by Nottingham Scientific Limited (NSL) to provide support to the first phase of its IRISS (Intelligent Railways via Integrated Satellite Services) project. IRISS will develop and demonstrate a pre-commercial service with a British train operator involving a number of applications including tracking and tracing of rail stock on routes across the UK. Satellite communications will be used to provide connectivity in rural areas where there is a lack of terrestrial communications infrastructure.
David Williams, Chief Executive of Avanti, commenting, said:
"I am pleased that we have identified another potentially large scale application for our satellite broadband services and Avanti will be working hard with its customer to turn this project into a full scale deployment".
For further information please contact:
Avanti Communications Group Plc Tel: +44 (0) 20 7749 1600
David Williams
Cenkos Securities Tel: +44 (0) 20 7397 8900
Julian Morse / Max Hartley
Jefferies International Limited Tel: +44 (0) 20 7029 8000
Rupert Mitchell / Oliver Griffiths
Redleaf Communications Ltd Tel: +44 (0) 20 7566 6700
Emma Kane / Paul Dulieu
Notes to Editors:
About Avanti
·; Avanti sells satellite broadband services to telecoms companies which use them to supply residential, enterprise and institutional customers.
·; Avanti's first satellite, called HYLAS 1 will launch in Q3 2010 and will be the first superfast broadband satellite launched in Europe.
·; Avanti's second satellite called HYLAS 2 is fully funded and will launch in Q2 2012. It will extend Avanti's coverage to Africa and the Middle East.
·; The market for satellite broadband products in the markets served by Avanti is estimated at more than 100 million households.
·; Avanti's systems can provide consumer broadband services at speeds of 10Mb per second at competitive prices, and other wholesale services at up to 200Mb.