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Sniff. Wed 25 Jun 2003 - The $100 Million Dollar Revenue Dream...

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    Sniff.

    Wed 25 Jun 2003  - The $100 Million Dollar Revenue Dream
    January 16, 2015 - Still waiting.

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    Document date: Wed 25 Jun 2003
    Published: Wed 25 Jun 2003 10:41:34
    Document No: 205593
    Document part: A
    Market Flag: Y
    Classification: Other
    MULTIEMEDIA LIMITED    2003-06-25  ASX-SIGNAL-G

    HOMEX - Melbourne

    +++++++++++++++++++++++++
    Multiemedia Limited (MUL) has executed an agreement for the provision
    of Network Facilities from IP Access International and Space Segment
    from NewSkies Satellites.

    The Space Segment agreement is significant and remains in effect for
    5 years. It provides access to the US$650 million NSS6 satellite
    built by Lockheed Martin Commercial Space Systems and is equipped
    with 50 Physical Ku-band transponders. The satellite will operate
    from NewSkies new orbital slot of 95 degrees East Latitude across six
    coverage beams: Australia, the Middle East and Southern Africa, the
    Indian subcontinent, China, Northeast Asia and Southeast Asia.

    The comprehensive high-power Ku-band coverage of NSS6 allows for
    video, data, internet, and other broadband transmissions throughout
    Australia, while also offering seamless connectivity between the
    Eastern and Western Hemispheres.

    NSS6 is capable of delivering digital video distribution and
    contribution services, satellite newsgathering, Intra-and
    Inter-regional enterprise networks, Government services,
    direct-to-home platforms, telephony transmissions, as well as a
    multitude of IP-based multimedia applications, including two-way
    broadband internet access for businesses, e-learning, telemedicine
    and digital cinema.

    In conjunction with ViaSat, a world leader in advanced digital
    satellite telecommunications and wireless signal processing
    equipment, MUL and NewSkies plan to be in a position to provide
    Australian Corporations and SME's with long term, cost effective
    broadband solutions for a multitude of heavy duty business
    requirements.

    The arrival today of Satellite Engineers from US based Advanced
    Projects and IP Access International will ensure that a backlog of
    customer orders can be fulfilled. Testing, trialing and
    demonstrations will occur until systems are live on approximately 18
    August 2003. The Engineers will also work closely with the Australian
    based Microsoft team to ensure a smooth and successful launch of the
    Microsoft Services Providers Licensing Program (SPLA) [refer to ASX
    Announcement RE: Microsoft, 4 June 2003].

    MUL plans to deploy a full transponder in its first 12 months of
    operations. A transponder will service the average needs of about
    4,000 customers and has the potential to generate up to $100 million
    of revenue.


    For more information, please contact:

    Adrian Ballintine
    MANAGING DIRECTOR
    Multiemedia Limited
    Tel: (03) 9603 3200
    or by email at: [email protected]

    * please note our new web site will be fully functional
    as of 14th July 2003
 
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