BUENOS AIRES, Argentina, May 19, 2011 (GLOBE NEWSWIRE) -- Tesacom, the
leader in telecommunication solutions for remote locations within Latin
America, today announced the company was granted licenses in the
Republic of Panama under which Tesacom can provide and sell Iridium
voice and data communications in the country. Tesacom is the first
company to have a license for use of Iridium in Panama.
This license enables Tesacom the ability to better address the growing
commercial enterprise market and government demand for Iridium
products, services and applications within Panama.
Iridium is the only communication company to offer truly global, mobile
coverage. As an Iridium distributor, Tesacom is now able to offer the
complete Iridium voice and data solutions and services portfolio within
Panama, including: the Iridium 9555 satellite phone; the Iridium
OpenPort(R) broadband maritime service that provides three separate
phone lines and a high-speed data line; and two-way machine-to-machine
(M2M) data transceivers for remote data monitoring and asset tracking
In addition, Tesacom recently developed and certified VKI Tesacom for
use on the Iridium global network. The VKI Tesacom system provides
integrated voice, data, email and vessel monitoring solutions for the
maritime sector with attractive pricing for the Panamanian market.
"This announcement reinforces the strong relationship we have
maintained with Iridium since 2007, as well as our commitment to the
region," affirmed Jose Sanchez Elia, CEO of Tesacom. "Acquiring this
license enables us to expand the Iridium footprint, bringing advanced
voice and data communications into Panama. Tesacom's first-rate
customer service and after-sales service in Spanish, Portuguese and
English, makes us uniquely qualified to serve end-customers within the
"Tesacom's innovative approach and deep market knowledge is an example
of how our ever-expanding ecosystem of partners is extending the reach
of Iridium around the globe and to an even broader distribution," said
Ted O'Brien, vice president and general manager, the Americas, Iridium.
"Together we are advancing business communications in Panama, where
there is a demand for reliable, effective and continuous communications
in the maritime sector, along with agriculture and the country's many
other burgeoning industries."
Iridium voice and data communications provided through Tesacom will
serve Panama's shipping, agriculture, manufacturing and mining
industries. The Iridium network will continue to serve Panama well into
the future with Iridium NEXT, its next-generation network expected to
begin launching in 2015.
Tesacom is making available special pricing and new service programs in
Panama. For more information, visit www.tesacom.net.
TESACOM is the leader in integral telecommunication solutions for
remote locations in South America. It is the only company in the region
that operates a constellation of 40 satellites from its facilities in
Argentina. With offices in Argentina, Brazil, Chile, Panama, Paraguay,
Peru, Venezuela and Uruguay, it delivers its solutions at a regional
level. Its range of solutions is one of the largest in the market and
includes mobile satellite services, satellite multimedia services,
location and tracking services via the GPS system, software platforms,
highly advanced technical equipment of superior quality, integration of
networks and development of value-added applications. For more
information on TESACOM services, please call 0810-3456-728 or visit
About Iridium Communications Inc.
Iridium Communications Inc. (www.iridium.com) is the only mobile
satellite service (MSS) company offering coverage over the entire
globe. The Iridium constellation of low-Earth orbiting (LEO)
cross-linked satellites provides critical voice and data services for
areas not served by terrestrial communication networks. Iridium serves
commercial markets through a worldwide network of distributors, and
provides services to the U.S. Department of Defense and other U.S. and
international government agencies. The Company's customers represent a
broad spectrum of industry, including maritime, aeronautical,
government/defense, public safety, utilities, oil/gas, mining,
forestry, heavy equipment and transportation. Iridium has launched a
major development program for its next-generation satellite
constellation, Iridium NEXT. The Company is headquartered in McLean,
Va., U.S.A. and trades on the NASDAQ Global Select Market under the
ticker symbols IRDM (common stock), IRDMW ($7.00 warrants), IRDMZ
($11.50 warrants) and IRDMU (units).
CONTACT: Silvina Graziadio
Tel: (54-11) 4114 - 2237