Ann: NEWSAT SIGNS $40 MILLION CONTRACT FOR JABIRU, page-2

re: Ann: NEWSAT SIGNS $40 MILLION CONTRACT FO... a nice announcement today .....
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... ASX Release
19 September 2011
NEWSAT SIGNS $40 MILLION CONTRACT FOR JABIRU-1 SATELLITE
?h Binding pre-launch contract of US$40 million after launch of Jabiru-1 satellite
?h Contract with Quicklink Communications Limited, a leading Middle Eastern telecommunications provider delivering services to government and enterprise customers
?h Capacity sold covers the Middle East and parts of Africa, including Iraq, Saudi Arabia and Egypt
?h New contract takes the total of binding pre-launch contracts for Jabiru-1 satellite to US$279 million and is another significant step towards the satellite launch
NewSat Limited (ASX: NWT; OTC: NWTLY), Australia�s satellite company, announces today the signing of a three year satellite capacity contract with Quicklink Communications Limited. Quicklink Communications is a leading Middle Eastern telecommunications provider delivering enterprise-class services to governments and corporations across the Middle East, Africa and Asia. The commitment is for the purchase of US$40.2 million of transmission capacity on the Jabiru-1 satellite over three years.
The Jabiru-1 Ka-band satellite capacity purchased by Quicklink Communications will serve a range of high demand regions within the Middle East and Africa, including Iraq, Saudi Arabia, Yemen, Syria and Egypt.
In commenting on the multi-million dollar contract with Quicklink Communications, Adrian Ballintine, NewSat Founder and CEO said:
�Demand for satellite communications across the Middle East and Africa continues to grow exponentially. Quicklink Communications provides premium telecommunication services across these high demand regions and will use Jabiru-1�s high powered Ka-band capacity to unlock Internet, voice and data services that are unavailable today.�
�This US$40 million contract is another key step forward in the launch of Jabiru-1 and follows the recently signed 3A Technology US$134 million contract and TrustComm�s US$105 million contract. The three cornerstone contracts totalling US$279 million, will underpin the export credit agency backed debt financing, to build and launch the satellite. NewSat�s vision of becoming a global satellite operator is on the verge of being realised.�
In commenting on the multi-million dollar contract with NewSat, Mr. Shah, Quicklink Communications CEO said:
�Our commitment to NewSat for Ka-band capacity over a three year period will enable Quicklink Communications to continue its rapid growth and support emerging demand from neighbouring regions. We are excited to be a cornerstone customer of Jabiru-1 and our government and enterprise customers will benefit greatly from Jabiru-1�s high intensity coverage. The network expansions from mobile operators, enterprise networks for governments and corporations and the demand for Internet, are the growth markets throughout the Middle East and Africa and with the help of Jabiru-1, Quicklink Communications is set to capture them.�
About NewSat Limited:
NewSat Limited (ASX: NWT; OTC: NWTLY) is Australia�s largest specialist satellite communications company, delivering Internet, voice, data and video communications via satellite. With its unique-to-Australia Teleport infrastructure, NewSat provides a full range of managed satellite communication services and has established a reputation as the partner of choice for governments, corporations and private enterprises. Today, NewSat has the ability to provide coverage to 75% of the globe; from Australia, Asia, the Middle East, Africa, across the Indian Ocean extending into Europe and across the Pacific Ocean, reaching into the West coast of the USA.
NewSat�s world acclaimed Teleports in Perth (Western Australia) and Adelaide (South Australia) were finalists in the World Teleport Association�s Awards for Excellence in 2010. Both Teleports are accredited to supply services to the Australian Department of Defence (DRSS) and are recognised as highly secure Global Access Points, supporting certified classified networks to ensure the transmission of vital and sensitive information for government clients.
NewSat will be expanding its satellite capabilities with the Jabiru Satellite Program, beginning with the launch and operation of Jabiru-1, Australia�s first independently owned commercial satellite. Jabiru-1, a large hybrid Ku- and Ka-band next generation satellite, will provide superior coverage over South East Asia, the Middle East and North Africa. Jabiru-2, also scheduled, will deliver enhanced coverage in and around Australia. NewSat has rights to seven premium orbital slots and its fleet of next generation geostationary satellites will lead Australia�s space quest. For more information please visit www.newsat.com
About Jabiru Satellite Program:
Jabiru-1 is NewSat's first geostationary communications satellite which will provide high-powered satellite capacity to high value customers in the military, defence and government markets as well as other enterprise segments such as resources. NewSat already serves many of these customers from its world recognised Teleport facilities and the vertical integration of owning a satellite will dramatically increase NewSat's ability to secure large capacity contracts and significantly increase EBITDA margins. NewSat has rights to seven premium orbital slots, which provides a significant growth opportunity above and beyond Jabiru-1. All contracts are subject to the successful launch of the satellite and NewSat completing the usual credit checks.
About Quicklink Communications Limited:
Quicklink Communications Limited is a leading Middle Eastern telecommunications provider with strategic Teleport facilities in Afghanistan, Iraq and Saudi Arabia. Quicklink Communications provides premium telecommunications and IT services globally, utilising a range of state-of-the-art technologies and platforms to design, develop, deploy and support bespoke customer solutions. Quicklink Communications is a partner of choice for governments and enterprises and has offices in UAE, Iraq, Pakistan and Saudi Arabia, along with representation in Africa, Asia and the USA. For more information please visit www.quicklinktele.net
For further information:
Investors
Adrian Ballintine, Chief Executive Officer: +61 3 9674 4644
Adam Shapiro, Chief Financial Officer & Company Secretary: +61 3 9674 4644
Media
Merv Kuek, VP Marketing: +61 3 9674 4644
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