Abu Dhabi, 21st October 2007: As part of Thuraya's ongoing business diversification strategy, Thuraya has recently signed a Memorandum of Understanding (MoU) with four of the top satellite application developers who will be innovating new telecom applications and accessories for its products.
The four developers are SpaceCom, European Antennas, Sattrans and Teknobil. SpaceCom is based in Denmark and is a manufacturer of stablised antennas for marine applications. European Antennas is a UK-based land and marine antenna manufacturer. Sattrans is a Ukrainian company specializing mostly in Vehicle Docking Adapters, whilst Teknobil is a Turkish satellite applications development company with a focus on Fleet Management Systems.
The move is part of Thuraya's continued strategy to evolve and augment its broad product mix and re-enforce commercial relations with several technology partners in the global telecom industry.
According to the MoUs, SpaceCom and European Antenna will be creating specialized high-power marine antennas for ThurayaDSL and ThurayaFDU services. This will improve Thuraya's maritime offering and subsequently its position in this key segment.
On their part, Sattrans will be producing the Vehicle Docking Adapter accessory for the 2nd Generation handheld phones, whereas Teknobil will be crafting a new solution for Fleet Management and Tracking based on the ThurayaModule.
Teknobil is one of the first developers of the GmPRS-based Tracking System via the ThurayaModule and the new partnership with them will promote the module and GMPRS services and encourage other developers to follow suit.
The MoUs were signed with the intended purpose of working closely in marketing and promoting these new applications and accessories where applicable, including key areas such as marketing communication, distribution and customer training.
"These new partnerships for applications and accessories development are part of our consistent strategy to expand our services and products portfolio, and enhance our positioning in all key market segments of satellite telecom, including maritime, broadband and fleet management," said Thuraya's CEO Mr. Yousuf Al Sayed.
He also mentioned that the new products and applications open new commercial horizon for Thuraya to increase market share in the global satellite telecom industry, especially with the imminent expansion towards Asia-Pacific by the end of this year, as well as create new avenues for revenue generation.
Prototypes of these new accessories have been under testing for almost two months, and are expected to proceed towards mass production and launch by the end of 2007.
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About Thuraya (www.thuraya.com)
Thuraya, based in the United Arab Emirates, provides cost-effective mobile satellite services in more than 110 countries in Asia, Africa, Europe and the Middle East. The Company will launch its third satellite in November this year, bringing countries of the Asia-Pacific region under its footprint and extending its coverage to nearly two thirds of the globe's population.
Thuraya was founded in 1997 by a consortium of leading national telecommunications operators and reputed investment firms from the region.
For more information please contact:
Mr. Ebrahim K. Ebrahim
Corporate Communications Department
Thuraya Satellite Telecommunications Co.
Post Box 33344
Abu Dhabi
UAE
Tel. 971-2-616-1388
Fax: 971-2-641-7884
Email: e_ebrahim@thuraya.com
© Press Release 2007
