May 03, 2007
ViaSat Awarded SATCOM II Contract from General Services Administration
Improves Federal Government Access to Leading-Edge Satellite
CARLSBAD, Calif.--(BUSINESS WIRE)--May 3, 2007--ViaSat Inc. (Nasdaq:VSAT) has been selected by the General Services Administration Federal Technology Service (GSA/FTS) for a five-year, $90 million Indefinite Delivery Indefinite Quantity (IDIQ) contract to provide the full range of ViaSat satellite communication (satcom) products and services to government agencies. All agencies of the Federal Government, including the Department of Defense, can use the contract to purchase satellite communication systems, information assurance products, and engineering services.
The IDIQ contract provides access to the full range of ViaSat offerings, including LinkStar® and LinkWay® VSAT terminals and services, UHF satcom equipment, network encryption equipment, and Ku-band "comm on the move" terminals and services. In addition, the contract provides satellite bandwidth on a global basis, mobile satcom terminals and services from multiple systems, systems engineering support for defining and planning systems for potential government requirements including secure networks, and Ka-band services.
"This contract is an opportunity to better serve our customers by providing a total spectrum of cost-effective, commercial satellite communication systems to all federal agencies," said Mark Schwene, director of strategic initiatives for ViaSat Government Satcom Systems. "We intend to use this contract to make our emerging products and services available as soon as they enter the commercial market, keeping our government customers on the leading edge."
One innovative feature that GSA/FTS has included in the contract is the ability to add new commercial satcom products and services as they enter the market.
About ViaSat (www.viasat.com)
ViaSat produces innovative satellite and other communication products that enable fast, secure, and efficient communications to any location. The Company provides networking products and managed network services for enterprise IP applications, is a key supplier of network-centric military communications and encryption technologies to the U.S. government, and is the primary technology partner for gateway and customer-premises equipment for consumer and mobile satellite broadband services. The company's four wholly owned subsidiaries, US Monolithics, Efficient Channel Coding, Enerdyne Technologies, and Intelligent Compression Technologies, design and produce complementary products such as monolithic microwave integrated circuits, DVB-S2 satellite communication components, video data link systems, and data acceleration and compression products. ViaSat has locations in Carlsbad, CA, and Duluth, GA, along with its Comsat Laboratories division in Germantown, MD. Additional field offices are located in Boston, MA; Baltimore, MD; Washington DC; Australia; China; India; Italy; and Spain.
Safe Harbor Statement
Portions of this release, particularly statements about the performance and deliveries of ViaSat products and technology, may contain forward-looking statements regarding future events and are subject to risks and uncertainties. ViaSat wishes to caution you that there are some factors that could cause actual results to differ materially, including but not limited to: contractual problems, product defects, manufacturing issues or delays, regulatory issues, technologies not being developed according to anticipated schedules, or that do not perform according to expectations, and increased competition and other factors affecting the telecommunications industry generally. The company refers you to the documents it files from time to time with the Securities and Exchange Commission, specifically the section titled Risk Factors in the company's Form 10-K, which 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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SOURCE: ViaSat Inc.