Press Release (ePRNews.com) - Melbourne, Australia - Aug 18, 2016 - World Reach Limited is pleased to announce that its wholly owned subsidiary, Beam Communications Pty Ltd (‘Beam’), has received a further order for 5,000 units of the Iridium GO!® product.
The Iridium GO! is the world’s first device that allows you to connect your smart phone or tablet via Wi-Fi to the Iridium Network by simply downloading the relevant applications to access different functionalities and features. Some features include voice calls, SMS, tracking, SOS, email, data access, photo transfer, social media, just to name a few.
This is the third order received by Beam since commercial delivery commenced in mid 2014. This further order reflects continued end-user demand for the device and the utility it provides to customers requiring global data and voice calling solutions.
Based on the delivery schedule outlined by Beam’s customer, 50% of the deliveries will commence shipping in the second half of FY2017 with the balance to be supplied in the first half of FY2018. Beam will have the capacity to accelerate deliveries on request. This revenue, and its timing, has been budgeted in the Company’s current forecast.
With the recent launch of additional App’s supported on the Iridium GO! device, including Exchange and Gmail applications, the product now offers enhanced functionality, as well as proven reliability. It is anticipated that demand for the Iridium GO! device will increase in the first half of FY2017 and further orders are expected in due course.
For more information
World Reach Limited
Investor Relations Contact
Phone: +61 3 8561 4200
Phone: +61 3 8588 4500
About World Reach Limited
World Reach Limited is an Australian publicly listed company, with strategic ownership of companies involved in the design, manufacturing and distribution of equipment, applications and services for the global needs of Information Communication & Technology markets. World Reach Limited owns 100% of Beam Communications Pty Ltd, www.beamcommunications.com and SatPhone Shop www.satphoneshop.com For more information, www.worldreach.com.au
About Beam Communications Pty Ltd
Beam Communications Pty Ltd is a wholly owned subsidiary of World Reach Limited (ASX: WRR) ; Beam Communications designs, manufactures and distributes a wide range of Iridium and Inmarsat satellite voice, data, tracking terminals and accessories for the global telecommunications market. Through a global network of resellers Beam solutions are deployed in a wide range of vertical markets including Maritime, Transport, Government, Defence, Mining, Construction, Forestry, Emergency Services, Relief Aid, Telemetry and Rural Telephony. For more information, www.beamcommunications.com
World Reach Ltd.
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