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Montreal QC (SPX) Jan 04, 2005 Satelinx International has signed a 5 year contract with Auto Spa of Montreal, Canada, a contract representing sales for Satelinx of $1,380,000 USD over 5 years. Under the terms of the 5-year contract, Auto Spa has guaranteed the minimum purchase of 300 tracking units per year and becomes the first Premium Satelinx Installation facility in Canada. "Satelinx truly has a complete service package with sate-of-the-art technology that will enable us to get an edge on our competitors and this will also allow us to open several other installation facilities" said Louis Restrepo, President of Auto Spa. "Awarding our first Premium Installation Facility in Canada was very strategic to our development and we are very proud of having Auto Spa as the first," said Sam Grinfeld, President of Satelinx International. "Having Auto Spa guarantee a minimum purchase provides a great foundation for our company" Further added Mr. Grinfeld. Satelinx International Inc. provides satellite vehicle tracking units that integrates GSM/GPS/GPRS wireless technologies and the Internet to deliver wireless vehicle tracking and location services. Satelinx seeks to be recognized as the world leader in providing safety and security solutions on a global scale in a cost effective manner for vehicle owner, trucking or private vehicle fleet and insurance companies. Related Links Satelinx International SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express
KVH Receives $2.25 Million Order For TACNAV Military Navigation Systems
Middletown RI (SPX) Jan 04, 2005KVH Industries has received an order valued at roughly $2.25 million for its TACNAV vehicle navigation systems and related program management services. The order, placed by a major defense prime contractor on behalf of a foreign customer, has a potential total value of $2.85 million if optional engineering support orders are placed. The majority of the contract revenue is expected to be recognized during the first half of 2005. |
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