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Satnews Daily
October 4th, 2010

Norsat Int'l... Terminal Conditions (SATCOM)


[SatNews] Norsat International Inc. (“Norsat") (TSX: NII and OTC BB: NSATF) has received several contracts for Norsat satellite terminals in support of U.S. Government organizations in recent weeks, with a total value in excess of $4.2 million.

Compared to the prior year, these orders were received late in the third quarter and are expected to ship during the fourth quarter. Due to the timing of these orders, revenues for the third quarter ended September 30, 2010 are anticipated to be below levels reported in 2009. The Company expects third quarter results to remain profitable when announced on October 28, 2010. Norsat International Inc., founded in 1977, is a provider of broadband communication solutions that enable the transmission of data, audio and video in remote and austere environments. Norsat's products and services include microwave components, portable satellite systems, maritime solutions, wireless network solutions, and equipment financing.