ASX / MEDIA RELEASE 04 DECEMBER 2008
ELS048.2009
SMX TARGETS IRIDIUM SATELLITE NETWORK
Synergy Equities Group Limited (“SYNERGY”, ASX : SYG) advises that its wholly owned subsidiary Data-inCrypt®
has completed a company-wide implementation of SMX secure registered email at Fastwave Communications Pty Ltd
(“Fastwave”) a Perth-based private organisation that has a focus on integrating satellite telemetry systems with sensors,
process control equipment and terrestrial communication systems to provide global, real-time asset visibility. Fastwave
develops solutions used in the energy, utilities, mining, transport, environmental and defence sectors, with clients
including Australian and international corporations, government agencies, research institutions and military
organisations (www.fastwave.com.au).
In recognition of Fastwave's expertise as a satellite data systems integrator, it has been appointed a Value Added
Manufacturer by Iridium Satellite LLC (“Iridium”) (www.iridium.com) Based in Bethesda, Maryland, U.S.A., Iridium
is the only provider of truly global satellite voice and data communications solutions with complete coverage of the
entire Earth including oceans, airways and even Polar Regions. Iridium delivers reliable, secure, real-time, missioncritical
communications services to and from areas where landlines and terrestrial-based wireless services are either
unavailable or unreliable. Iridium's constellation consists of 66 low-earth orbiting, cross-linked satellites operating as a
fully meshed network and supported by multiple in-orbit spares. It is the largest commercial satellite constellation in the
world, with over 200,000 subscribers.
Much of Iridium’s satellite telemetry data is delivered to customers via plain text email, and it is with this in mind that
Fastwave is evaluating the SMX platform over the coming months prior to introducing it to Iridium. Many of
Fastwave’s solutions are used to enhance the productivity, efficiency and safety of remotely located personnel, assets,
infrastructure and equipment, and as such the security and integrity of raw satellite telemetry data is paramount.
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The potential integration of the SMX platform with Iridium’s satellite systems is seen by Data-inCrypt® as a viable and
exciting opportunity that whilst representing a significant undertaking would return a correspondingly significant
revenue stream to SYNERGY and expose SMX to many thousands of organisations and individuals. Data-inCrypt®
will work closely with Fastwave over the coming months as its SMX evaluation continues and discussions with Iridium
commence.
SYNERGY looks forward to keeping the market informed.
Yours faithfully
Ronald Moir
Managing Director
SYNERGY EQUITIES GROUP LIMITED
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- another good announcement out
SYG
synergy equities group limited
another good announcement out
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