New contract for Nera in China

Beijing Marine Communication & Navigation Co. (also known as CTTC) and Norwegian Satelliteequipment provider Nera SatCom AS, have signed a contract for a turn key delivery of a Land Earth Station in China. The delivery will enable the existing land station gateway to provide Inmarsat M4 & F Services. Nera SatCom won the 28 MNOK contract in an open tender. MCN, a state-owned Telecommunication Company, has provided Inmarsat services to the Chinese market for more than 20 years. The Chinese telecom market is highly developed with regards to the use of modern Satellite Communications, a market most likely to see continued growth, - especially in the maritime sector. MCN are pleased that Nera was able to meet their requirements in thistender, providing equipment with the necessary quality and reliability requested by the Chinese operator, a press release stated. Nera SatCom and MCN have co-operated in the field of Inmarsat equipment and services since 1987. Nera has been present with a Representative office in Beijing since 1995, and has worked with a long-term strategy of increased supply of telecommunication equipment and services to the Chinese market. The contract between Nera SatCom and MCN is a result of a long-lasting relationship and represents a breakthrough for Nera in the fast growing Chinese telecom market. The President of Nera SatCom AS Mr. Terje Ask-Henriksen comments: -We are very pleased to announce the contract with MCN. China is the world's fastest growing telecom market, and MCN is the leading operator in the Inmarsat satellite market in China. Through the co-operation with MCN Nera claims a stronger foothold in the Chinese market. By delivering the gateway, Nera is also better positioned in the market for terminals, finding new Chinese customers for market leading Satellite terminals "Nera WorldCommunicator" and the new release of the "Nera F77" terminal for the marine market. About Nera: Nera is a world-leading global supplier, developing, manufacturing and selling fixed, wireless and satellite communication equipment and systems. The company designs, develops, manufactures and markets point-to-point and point-to-multipoint radio link equipment, satellite terminals and land earth stations for mobile and fixed satellite communications. Nera is a major supplier to INMARSAT.