newsat prepares for massive growth, page-4

Newtg, 60million shares is a drop inthe ocean when we have 6.5 billion on offer !
any way lets keep the ball rolling,this seem to be fitting!

April anns


NewSat enjoys daily communication with most of the worlds satellite and space
providers courtesy of its Perth and Adelaide teleports, and is accordingly abreast of
the latest in space technology. It's relationship with ViaSat Inc. spawned its
interest in provision of Ka band, following ViaSat and EutelSat's decision to launch
Ka band satellites over the northern hemisphere 18 months ago. This new satellite
technology promised unprecedented speeds and capacity, and in the period since
it's initial announcement, NewSat has continued to work with numerous suppliers to
turn the vision into reality.
NewSat created Jabiru for the purpose of financing and building the satellite.
NewSat is now significantly advanced in negotiations for finance, insurance,
launch and construction for it's satellite. It is currently well advanced in discussions
with potential customers, locally and internationally, in both retail and business
sectors for space contracts over multiple bands. It has access to a fully coordinated
slot ideally positioned over Australia and the Pacific region.
The Federal Governments decision to create a new vehicle for delivery of
communications over Australia is welcomed by NewSat, especially with their
acknowledgement that satellite is included as a serious delivery option. NewSat
has always believed that Ka band could well serve in the order of 10% of the
currently disenfranchised Australian population, especially our farming and rural
sectors. Indeed, the Government have said they propose two new generation
satellites to cater for the last 10%. NewSat is pleased it is so advanced in its
ambitions and that this Government is pro-satellite. Of course, the company
will push ahead to cater for its own needs and its customer requirements, and at a
later stage consider selling some of its core network into the NBN if the
Government requires it.
NewSats satellite may comprise more than simply Ka band technology. Its own
rapid growt