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mickymoose99
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# Posted: 5 Dec 2009 07:29
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SatMAX Gains Acceptance Into the Corporate Arena by Landing Fortune 500 Clients
HOUSTON, TX, Dec 04, 2009 (MARKETWIRE via COMTEX) -- SatMAX Corporation (PINKSHEETS: SATM) entered the $46 Billion satellite ground equipment industry last year and almost immediately began adding Fortune 500 Corporations to its client list. Recently, the company completed installation of three SatMAX(R) Iridium satellite communication repeater systems for ITT Corporation.
ITT is one of the world's largest manufacturers/distributors of advanced technological products. ITT recently signed a $9.7 million contract to provide Iridium-based communication devices and hardware to secure military/defense communications. SatMAX has worked with two other large defense contractors, Harris Corporation and Sparton Corp., to develop non-line-of-sight communication systems. Additionally, General Dynamics was one of the early buyers of SatMAX(R) equipment.
This type of client has a specific need for secure, indoor/outdoor data and voice communications systems. Fortunately, SatMAX is able to meet its clients' needs by creating communications "hot-spots" which enable fully wireless, totally secure communications for multiple, concurrent users. With services like this, SatMAX has the potential to rapidly land more government and corporate clients as it continues to gain acceptance in the world of corporate giants.
About SatMAX
SatMAX Corporation is dedicated to providing global wireless, non-line-of-sight, satellite voice and data communications links to government, military, and commercial and industrial customers. For more information, please visit SatMAX or view our product information video at SatMAX.
To View this release in video format: SatMAX Gains Acceptance into the Corporate Arena by Landing Fortune 500 Clients : VoD Newswire
Forward-Looking Statements
Certain statements contained in this release issued by SatMAX Corporation (the "Company") that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the Company, its directors, or its officers about the Company and the industry in which it operates and is based on assumptions made by management. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.
Contact:
SatMAX Corporation
Violet Shockley
(832) 586-8090
info@echosatcom.com
SOURCE: SatMAX Corporation
SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright ? 2004-2009 Comtex News Network, Inc. All rights reserved.
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SUBJECT CODE: Telecom:Cable and Satellite Services
Telecom:Networking
Telecom:Wireless
Telecom:Telecommunication Services
Telecom:Telecommunication Equipment
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TomAdmin
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# Posted: 6 Dec 2009 13:54
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satm looks way to spotty to me no ?
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mickymoose99
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# Posted: 7 Dec 2009 06:15
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SatMAX Corp. Patented Satellite Communications Extender to Be Marketed to GSA
GlobaFone Agrees to Include SatMAX(R) Equipment in the GSA Schedule 70 Program
HOUSTON, TX, Dec 07, 2009 (MARKETWIRE via COMTEX) -- SatMAX Corp. (PINKSHEETS: SATM), a leading global provider of wireless, non-line-of-sight satellite communications products and services to the $46 billion ground-based satellite communications industry, announced today a new reseller agreement with Portsmouth, NH-based GlobaFone. GlobaFone (http://www.globafone.com) was recently awarded United States General Services Administration contract number GS-35F-0074W within the Schedule 70 program (http://bit.ly/CjFrx). Under the GSA contract, GlobaFone is offering the US-made Iridium products, services and accessories, including the SatMAX(R) line of satellite communications extenders to U.S. governmental departments and agencies. GlobaFone currently provides Iridium and INMARSAT satellite communications services to dozens of Federal Agencies. GlobaFone has also agreed to resell SatMAX(R) advanced satellite communications systems to its Iridium- and Inmarsat-user customers.
"SatMAX(R) is unlike anything else available in the market. We are very excited about our new partnership with GlobaFone," said Ken Carlsen, Technology Director of SatMAX Corp. "We anticipate strong customer response from both Iridium, as well as non-Iridium satellite communications customers."
SatMAX(R) is an advanced communications system that enables users to quickly and easily make fully wireless, satellite voice and data communications available from any non-line-of-sight location. With SatMAX(R), customers have the ability to access dependable and uninterrupted satellite communication from indoor locations. Available as both fixed and mobile units, SatMAX(R) creates a satellite communications "hotspot," allowing maximum flexibility by enabling multiple callers to use Iridium-based satellite phones in both indoor and outdoor settings.
VOD Newswire Video Format: http://vodnewswire.com/vodnewswire/news/satmax-corp-20091207/
About SatMAX
SatMAX Corporation is dedicated to providing global wireless, non-line-of-sight, satellite voice and data communications links to government, military, and commercial and industrial customers. For more information, please visit www.echosatcom.com; or view our product information video at www.angelvisiontech.com/clients/echo_satellite.
About GlobaFone
Now in its 12th year GlobaFone of Portsmouth, NH is an award-winning satellite communications Service Provider to Federal, State and Local Governments, as well as corporate clients. GlobaFone's solutions include cellular service for lease with roaming in over 200 countries as well as local cellular service in numerous locations and five brands of satellite communications. They provide their services to clients across the US as well as internationally. For more information please visit www.satellitephonestraighttalk.com.
Forward-Looking Statements
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mickymoose99
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# Posted: 7 Dec 2009 07:18
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SATM
I dont think it looks spotty at all i can be wrong
can i ask you why you think it looks spotty
I believe SATM is gonna be one to
Watch today and in the future
Building from a solid foundation and a great reputation
SATM is an up and coming company
RSI LINE @ 49.93
FRIDAYS close @ 1.01
This will change, its a great time to accumulate @ this price
I see SATM being one of the hot stocks to keep
An eye on
SATM satellite company was created to address the burgeoning demand for reliable and uninterruptable satellite communications.
Advances in technology have reduced the footprint of satcom systems, allowing for more portability; while at the same time enabling both voice and data communications, making satcom very popular with many commercial, industrial and government organizations. Satellite communications has become a vital safety-net and an important requirement in many organizations Disaster Recovery (DR) planning.
SATM clients include business and military users, general aviation, local and federal government, emergency response, and a growing list of others that demand reliable global communications. Our customers’ satisfaction has been achieved with high levels of excellence accomplished by listening and developing exclusive applications to accommodate their requirements.
From the passenger cabin of helicopters to commercial ocean liners to businesses and government buildings, organizations now have satcom alternatives that were not available in the early days of satellite communications.
SATM exclusive patented SatMAX® systems, and HeliSAT3 systems, together with Inmarsat’s BGAN products, enable Echo Satellite Communications to provide proven, proprietary solutions for voice communications and broadband internet connectivity
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mickymoose99
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# Posted: 22 Dec 2009 07:10
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SATM
should be a good buy on a dip, not too far off the 52 week lows, stock was able to hold onto the small rally late in the day. After big displacements stocks tend to gravitate back towards their 50 day and 200 day moving averages. that would be 0.92 and 1.52 in SATM
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GreenGiant
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# Posted: 22 Dec 2009 09:37
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SATM-
+12.5%
Gapping up, took a nice fall yesterday.
Holding off of a strong support @ .32
Very nice BEAR buy.
IMO I think it has great potential to bounce back to a range of .60-.70
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GreenGiant
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# Posted: 22 Dec 2009 13:22
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SATM-
upside, yesterday it closed right on that trendline and today it traded down to and rallied from the same trend line. 0.35 is becoming a good support level, look for a rally back to the bottom of a gap at 0.7, if and when it breaks through this, imo, should become a strong support level.
Once the gap tightens a little more we should see positive movement.
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GreenGiant
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# Posted: 23 Dec 2009 07:56
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SATM...
the trading range for the last 7 trading days has been 0.25 to 0.7. 0.35 has been holdin strong as support keeping the stock above a down trend that it broke out of. stocks tend to gravitate towards and fill gaps that occur and can be seen on charts. the gap that needs to be filled is from 0.7 to 0.75, which should become support since there is another from 0.9 to 0.10. With the 50 day moving average sitting in the middle of the second gap that,imo, confirms to me the stock should gravitate there.
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GreenGiant
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# Posted: 6 Jan 2010 09:07
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SATM...
yesterday's extreme light volume caused a gap down on the open and it stayed there all day. Looking for volume to come back and fill the gap up to 0.31 and carry it higher.50 day is 0.80 and the 200 day is 1.41
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