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Satnews Daily
June 4th, 2010

RapidEye... Deliverer In Japan

[SatNews] RapidEye (who owns and operates its own constellation of five EO satellites) has signed on Panaxx Corporation to be its distributor in Japan. Panaxx is the fourteenth company to join RapidEye's quickly- growing worldwide distribution network.

John Ahlrichs, Vice President of RapidEye commented, “Panaxx is a well respected and successful organization that has established a geospatial division to grow the market for RapidEye imagery in Japan. We are very excited about working with Panaxx as they develop their team and form the partnerships required to support this very complex market.” Mr. Theodore M. Kato, the CEO of Panaxx, added, “We are very proud and excited to be the distributor of RapidEye data products in Japan. The RapidEye system delivers state of the art high quality satellite imagery; we are sure that this partnership will create many opportunities and a new customer base for RapidEye's data products.”

Panaxx Corporation was established and began trading operations in 1963. It is now one of the leading trading companies in Japan, using global network and information resources. The company is engaging in domestic trading, import/export, information and communications technology, aerospace, electronics, energy, forest products, general merchandise, food, hospitality, finance, realty, insurance, government relations and business investment in Japan and overseas.