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Satnews Daily
March 7th, 2011

Norsat International... Moving On Up...


[SatNews] Bringing a wealth of strategic financial experience to the Company is their newly appointed Chairman.

Norsat International Inc. (“Norsat" or the “Company”) (TSX: NII and OTC BB: NSATF) has announced that the Board of Directors has appointed Mr. Fabio Doninelli as the Company’s new Chairman and also a member of the audit committee. For the past 25 years ,Mr. Doninelli had been serving as a Strategy Advisor to the Norsat Board. Mr. Doninelli is President and Board Member of Prismafin S.A., an international investment organization with offices in Chiasso and Zurich, Switzerland, which manages a fund in excess of US$750 million. Mr. Doninelli has extensive experience in strategic advisory, portfolio management, and structuring funds. From 1982 to 1986, Mr. Doninelli served as Vice President of Trading for the Zurich Stock Exchange and also serves as Strategy Advisor to the Boards of several public and private companies around the world.