AVN.L Regulatory News (AVN)

31 Jul 2007 07:01

Avanti Communications Group Plc31 July 2007 31 July 2007 AVANTI COMMUNICATIONS GROUP PLC Presentation to Investors and Stockbrokers Avanti Communications (AIM: AVN.L), the satellite operator, will be hosting ananalyst and investor presentation today at the offices of Avanti Communicationsin London. The event will enable analysts and investors to meet with wider members of theAvanti management team and learn more about Avanti's technology, markets andgrowth strategy. Presentations will be made by David Williams (Chief ExecutiveOfficer), Nigel Fox (Group Finance Director), David Bestwick (TechnicalDirector), Matthew O'Connor (Managing Director, Networks) and Richard Vos(Non-executive Director and former Inmarsat Chairman). The presentation will cover the following topics: 1. Overview of the satellite market2. Satellite technology3. Commercialisation of HYLAS4. Growth strategy and outlook No material new financial or trading information will be disclosed at thepresentations. The presentation will be held at the offices of Avanti Communications Plc, 74Rivington Street, London, EC2A 3AY from 12.30 pm and is expected to last twohours. Enquiries: Avanti Communications Group plc 020 7749 1600Josie Lawrencewww.avanti-communications.com Hoare Govett 020 7678 8000Lee Morton College Hill 020 7457 2020Sara Musgrave, Rozi Morris Avanti Communications Group Avanti Communications Group is the only licensed fixed satellite operatorheadquartered in the UK (and one of only nine such groups operating in Europe).Avanti is licensed to use approximately 18 GHz of satellite radio frequencyspectrum in several orbital positions covering the Americas, Europe, Africa, theMiddle East and Asia. The Company's first satellite called HYLAS, is fullyfinanced and under construction for delivery in December 2008. HYLAS usesunique technologies to provide highly flexible and cost effective satellitecapacity. Avanti Communications currently provides satellite network services to customersin Europe (using leased satellite capacity) which will transfer to HYLAS onlaunch. Avanti sells wholesale HYLAS capacity to telecoms and media serviceproviders in Europe. The core applications for which Avanti expects HYLAScapacity to be used are, corporate data networks, broadband and videodistribution. Avanti Communications Group's shares were admitted to AIM on 16 April 2007following the de-merger of the business from Avanti Screenmedia Group plc. About HYLAS HYLAS uses an advanced communications payload. The design incorporates: eight Ka band spot beams which provide high power two-way capacity suitable forhigh data telecommunications and HDTV; and a single Ku band European beam suitable for traditional video distribution anddata multicast services. Unlike traditional satellites with fixed beam designs, HYLAS can dynamicallyallocate power between different beams and is capable of adapting while in orbitto use a wide range of different frequencies allowing it to be used effectivelyin many different orbital positions. HYLAS is relatively inexpensive because itsflexible payload allows it to extract 40 x 36 Mhz transponder equivalents from alaunch mass of just 2.5 tonnes. HYLAS has a warranted design life of 15 years. This information is provided by RNS The company news service from the London Stock Exchange