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Subject **** market sensitive annoucement *****
Posted 03/02/05 09:14 - 8 reads
Posted by SB2000
Post #500430 - start of thread - splitview

SALE OF ENCRYPTION UPGRADE TO U.S. MILITARY
3 February 2005
IC2 Global Limited is pleased to announce that its wholly owned subsidiary, Westel Wireless Systems Pty Limited (WWS), will ship the beta version of its new software upgrade to the U.S. Military this week, two months ahead of schedule.
The new product line will enable the Westel base station to repeat a radio signal that uses an existing analogue encryption system known as DES-XL. DES-XL is commonly used by the military for securing communications at military bases and airfields.
The product allows the military to upgrade Westel base stations already in the field and opens up a substantial market for Westel base stations to be purchased as replacements for the military’s existing installed base. WWS believes that this product will drive base station sales in a previously unavailable market segment. This enhanced capability is also applicable to the Australian market.
WWS believes that the successful development of this software demonstrates its ability to continue to develop world-class products for the public safety communications market. This capacity, combined with the recent doubling of average monthly sales of base station and repeater products highlights the growth potential of WWS in this USD2 billion a year market.
For further information please contact Rodger Johnston CEO IC2 Global Limited on + 61 2 9805 4300
IC2 Global Limited
ABN: 55 062 879 583
Level 5, 25 Bligh Street
Sydney NSW 2000
T: (02) 9805 4300
F: (02) 9805 4301



well the sale of the encyrption technology to the US military will have widespread sales and uses - one of the first to benefit from the new FTA in place i guess its a shame more HC members dont have exposure to this uptrend stock