DataPath® Receives $35 Million Order to Supply Ka Band Equipment for U.S. Army JNN/WIN-T Terminals
DataPath Continues to Deliver Mission-Critical Ka Band Capability That Enables Battlefield Tactical SATCOM Terminals to Operate Over the WGS System
Duluth, Ga. – March 31, 2009 –DataPath, Inc., a leading provider of satellite and wireless communications networks around the world, has been awarded $35 million by the U.S. Army for Ka band spares kits for DataPath® Satellite Transportable Terminals (STTs). The order is part of DataPath’s effort with the U.S. Army to enable deployed satellite communications (SATCOM) terminals to operate in Ka band over the recently launched Wideband Global SATCOM (WGS) system in addition to operating in commercial Ku band.
This $35 million order is funded from exercised options on an existing delivery order, which is a four-year agreement with the Army that has a potential value of up to $225 million for DataPath. Since January 2009, DataPath has been awarded a total of approximately $147 million under this delivery order.
“Our Ka band effort with the U.S. Army is a good example of how DataPath partners with its customers to rapidly meet critical needs,” said Tom Dyer, chairman, president and CEO of DataPath. “Delivering Ka band capability today puts greater bandwidth in the hands of warfighters to enhance communications, deliver real-time intel, and support mission effectiveness. We’ve been delivering on this contract since January, and our exceptional manufacturing and field services personnel are focused on getting the job done right and on time.”
The SATCOM terminals being converted were designed and built by DataPath and deployed by the U.S. Army for the Joint Network Node (JNN)/Warfighter Information Network-Tactical (WIN-T) program. DataPath’s Ka band solution for JNN/WIN-T has been certified by the U.S. Army Strategic Command for use on the WGS system.
Program Manager WIN-T's Commercial SATCOM Terminal Program at the U.S. Army Communications-Electronics Command in Fort Monmouth, N.J., awarded the delivery order through the Worldwide Satellite Systems contract.
About DataPath, Inc.
DataPath® is a global leader in creating satellite-based network solutions that solve customers’ toughest communications challenges. We specialize in enabling highly complex, video-intensive communications networks that are critical to the operations of military, civilian government and commercial organizations. Even in the most urgent time frames and extreme conditions, we establish and maintain communications anywhere and deliver total network control through our communications solutions, MaxView® network control software and comprehensive services. SWE DISH Satellite Systems AB, a Stockholm-based, global leader in the design and manufacture of mobile satellite communications systems, is a wholly owned subsidiary. DataPath is headquartered in Duluth, Ga., U.S.A. and operates via more than two dozen offices and distributor locations around the world. For more information, visit www.datapath.com.
Safe Harbor Disclosure
This press release, other than historical information, contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that are based on management's beliefs and assumptions, current expectations, estimates and projections. Forward-looking statements may include projections and estimates concerning the timing and success of specific projects and the future revenues, income and capital spending of DataPath, Inc. (the "Company").
A variety of factors beyond the control of the Company may affect the Company's performance, including, but not limited to the Company's ability to sustain its historical growth rate; the Company's dependence on sales to the U.S. government for a high percentage of its revenues; increased competition using commercial off-the-shelf (COTS) hardware and software solutions; changes or delays in U.S. government funding programs and priorities; termination or modification clauses contained in U.S. government contracts; continued supply of critical components and services, including COTS-based hardware; maintenance of exclusive procurement or marketing rights with key suppliers; restrictions contained in federal and international procurement laws and regulations; and operation in international markets, including the application of international and foreign domestic laws and regulations.
Any of the above factors and numerous others not listed nor foreseen may adversely affect the Company's financial performance. Forward-looking statements speak only as of the date on which they were made, and the Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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