....for exactAIS™, the Company's global vessel tracking and monitoring system. exactAIS uses an advanced satellite constellation and proprietary processing technology to deliver unprecedented maritime detection capabilities to its growing customer base. The recent orders were placed by the Governments of Australia and Singapore, both new customers, and by an existing customer, the Canadian Government, to support and enhance a wide range of applications which encompass Maritime Surveillance and Security, Traffic Monitoring, Environmental Protection, and Search and Rescue Operations.
Peter Mabson, President of exactEarth, said, "With these recent customer wins we have now surpassed $10 million of orders booked in the last 12 months. This news caps a very successful year highlighted by the further expansion of our satellite constellation. We are constantly demonstrating the benefits of exactAIS to maritime authorities worldwide and this continues to result in new customers. It is a testament to our global capability to see that exactEarth now has major customers spanning five continents across the world and, as recently reported, we delivered more than 3 billion AIS messages to these customers over the past year. We expect to gain further market traction in 2012 as we continue to improve our service and add to both our in-orbit and ground-based infrastructure."
