Contract for Over $30 Million to Supply DOCSIS-based Broadband Satellite System

Contract for Over $30 Million to Supply DOCSIS-based Broadband Satellite System

2003-06-02 -

Carlsbad - ViaSat Inc. (Nasdaq: VSAT) has been awarded a contract by a major international satellite operator to procure ViaSat's DOCSIS-based two-way broadband satellite system to offer high speed, consumer Internet service. This multi-year contract, with a value in excess of $30 million, includes a high capacity gateway, customer premises terminals, and related support services.

ViaSat's SurfBeam� system leverages the cable modem networking standard called DOCSIS (Data Over Cable Service Interface Specification). Coupled with advanced satellite waveforms, SurfBeam lowers the cost of consumer terminals, reduces satellite bandwidth requirements, enables easy self-provision for customers, and provides mature customer service, billing and network control software to network providers.

"As the first major deployment of a DOCSIS-based satellite system, this contract is a significant step in the creation of a new standard and establishing ViaSat as the leading brand in two-way satellite communication systems for the consumer/SOHO market," said Mark Dankberg, president and CEO of ViaSat.

About ViaSat
ViaSat produces innovative satellite and other wireless communication products that enable fast, easy, and efficient communications to any location. ViaSat has a full line of VSAT products for data and voice applications, and is a market leader in Ka-band satellite systems, from user terminals to large gateways. Other products include network security devices, tactical data radios, and communication simulators. ViaSat has locations in Carlsbad, CA, and Norcross, GA, along with its Comsat Laboratories technology development division based in Clarksburg, MD. Additional field offices are located in Boston, MA, Washington DC/Baltimore, Australia, China, India and Italy.

In addition, ViaSat's wholly-owned subsidiary, U.S. Monolithics, designs and produces monolithic microwave integrated circuits (MMICs) and modules for use in broadband communications. USM is based in Chandler, Arizona.

Safe Harbor Statement
Portions of this release, particularly statements about the capabilities of the SurfBeam system, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. ViaSat wishes to caution you that there are some factors that could cause actual results to differ materially from historical results or from any results expressed or implied by such forward-looking statements, including but not limited to: ViaSat's ability to perform under existing contracts and obtain additional contracts, ViaSat's ability to develop new products that gain market acceptance, changes in product supply, pricing and customer demand, changes in relationships with, or the financial condition of, key customers or suppliers, changes in government regulations, changes in economic conditions globally and in the communications markets in particular, increased competition, potential product liability, infringement and other claims, and other factors affecting the communications industry generally. ViaSat refers you to the documents it files from time to time with the Securities and Exchange Commission, specifically the section titled Factors That May Affect Future Performance in ViaSat's Form 10-K. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statements.

Comsat Labs and Comsat Laboratories are tradenames of ViaSat, Inc. Neither Comsat Labs nor Comsat Laboratories is affiliated with COMSAT Corporation. 'Comsat' is a registered trademark of COMSAT Corporation.


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