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Agristar Signs Distribution Agreement with C-COM
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CHICAGO, August
26, 2003 – Agristar Global Networks, Ltd. has signed a distribution
agreement with C-COM Satellite Systems Inc. (TSXV: CMI) to distribute
the C-COM iNetVu™ Mobile Antenna systems to the U.S. agricultural
industry.
Agristar Global Networks is a Chicago-based satellite communications firm that provides
high-speed 2-way satellite services to the U.S. agricultural industry.
The Company will deploy the C-COM developed iNetVu™ Mobile antenna
to leading agricultural companies, farm and ranch operators and those
who serve rural America and conduct business over the Internet. The
iNetVu™ antenna will provide Agristar customers with broadband
Internet connectivity from any vehicle in the field, enabling them
to conduct business more efficiently with their suppliers, dealers,
elevators, food companies and financial institutions.
“The C-COM iNetVu™ antenna systems and service will allow
all in agriculture to have high-speed connectivity anywhere and anytime,”
said Kip Pendleton, President of Agristar Global Networks. “The
food and agriculture sector is the largest single industry in North
America, and we look forward to offering the iNetVu™ mobile service
because it provides such value to the industry. We will immediately
begin showcasing it to producers at upcoming farm shows and offering
the product to our customers and through our national reseller and
installation network.”
“We are very pleased to be able to offer the iNetVu™ Mobile
solution to Agristar and its customers across the United States. This
new technology will enable farmers, ranchers and other farm operators
to operate their farms more efficiently by bringing 2-way high-speed
Internet connectivity to them, wherever they may be, thus allowing
them to effectively bring their office with them into the field. C-COM
is looking forward to working with Agristar to deliver this easily
deployable mobile high-speed Internet connectivity to farmers and
agribusinesses across North America,” said Leslie Klein, President
and CEO of C-COM Satellite Systems Inc.
About Agristar Global Networks Ltd.
Agristar Global Networks, Ltd. is a satellite-based communications
company established to bridge the large connectivity gap between the
world’s commercial farm and ranch operators and their primary
trade partners throughout the global food and fiber chain. Agristar
joined forces with Hughes Network Systems to develop Agristar Powered
by DIRECWAY to integrate leading commercial farms and ranches, agribusinesses
and food companies into a single two-way, high-speed independent satellite
network system. Agristar Global Networks has a 50-year history through its forerunner
entities of developing pioneering communications and business advisory
programs for the agricultural industry. These include the Top Farmers
of America Association in the 1960’s, the first organization
to provide business services for leading farm operations; Farm Futures
in the 1970’s, the industry’s first risk management publication;
AgriData Resources in the 1980’s, the first national computer
network linking top farms; and American Land Resources in the 1990’s,
the first investment banking entity to utilize national farmland databases
to assemble investment-grade agricultural land funds. Agristar Global Networks is
headquartered in Chicago, Illinois, with an operations center located
in St. Paul, Minnesota. For more information on Agristar Global Networks,
please visit www.agristar.com.
About C-COM Satellite Systems, Inc.
C-COM Satellite Systems, Inc. is a leader in development and deployment
of satellite-based technology that allows the delivery of high-speed
Internet services to fixed (DIRECWAY®) and mobile (iNetVu™)
users. The company’s satellite-based systems deliver high-quality,
cost-effective solutions for fixed and mobile applications throughout
Canada, the United States, Mexico, Central America and the Caribbean.
More information is available at: www.c-comsat.com.
iNetVu™ is a registered trademark of C-COM Satellite Systems
Inc. DIRECWAY® is a registered trademark of Hughes Network Systems
Inc. (HNS), a wholly owned subsidiary of Hughes Electronics Corporation
(HUGHES).
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
Agristar Contact
Kip Pendleton
President
kip.pendleton@agristar.com
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