TEE tele-ip limited

4.2million order from telstra

  1. 1,010 Posts.
    9th March 2007
    Company Announcements Platform
    Australian Stock Exchange
    Dear Sir,
    Announcement for Immediate Release
    Beam secures $4.2million order from Telstra
    Tele-IP Limited announced today that its wholly-owned subsidiary, Beam Communications Pty Ltd, has
    received a substantial order from Telstra Corporation.
    Following the recent announcement regarding the 2 year extension to the Telstra Preferred Supplier
    agreement, Beam has received an order of $4.2million (Inc GST) for Beam designed and manufactured
    satellite equipment.
    The order is for a range of fixed site terminals, in-vehicle satellite telephones, as well as accessories for
    handheld terminals. The major component is the Beam Remote Satellite Terminal that emulates a standard
    voice based telephone service over the Iridium satellite network.
    Michael Capocchi, General Manager of Beam said, “This major order from Telstra reflects on the
    commitment Beam has made over the last 4 years in supporting Telstra’s mobile satellite requirements.
    Beam’s leading edge technology, local R&D, as well as our continuing commitment to provide an Australian
    manufactured product, makes us a market leader.”
    “The strategic direction Telstra is taking to further enhance its mobile satellite services for both internal use
    and customer applications, provides a solid foundation for Beam to continue to develop this business.
    Opportunities and requirements for satellite communications are increasing every day and Beam is well
    positioned to be able to cater for the expanding global requirements”, Mr Capocchi said.
    The range of equipment includes,
    In-Vehicle Hands-free Accessories Priority Service Telephones Fixed Satellite Car Phones
    About Beam Communications Pty Ltd
    The Beam subsidiary was established in late 2002, making a substantial investment in the development and
    manufacturing of Remote Satellite Communications solutions for the global telecommunications market.
    Beam became the first company to design and manufacture a fully compliant POTS (Plain Old Telephone
    Service) emulation system for the Iridium Satellite network.
    Now one of the leading global manufacturers of Iridium-based satellite communications equipment, Beam
    offers the widest range of Iridium solutions across all market segments, and is particularly focused on the
    exploitation of the newly released Iridium data module, targeted at asset tracking and other applications.
    Beam prides itself on its ability to develop broad market applications as well as specific dedicated products
    and solutions.
    More information www.beamcomm.net
    About Tele-IP Limited
    Tele-IP is an Australian company focused on the development and sale of products and services to the
    telecommunications markets in Australia and overseas through Beam Communications. Tele-IP’s
    network services division and PBX reseller business, through its base of over 4,000 customers, is
    particularly well positioned in the Voice over IP market through its market-leading product portfolio.
    More information www.tele-ip.com.au
    Yours faithfully,
    Ian May
    Managing Director
 
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