Speedcast Partners With Thuraya To Expand Satellite Mobility Product Portfolio

Agreement brings New Satellite Mobility Solutions for Maritime, Energy and Enterprise Sectors. End Quote

(1888PressRelease) March 11, 2015 - SpeedCast International Limited ("SpeedCast"), a leading global telecommunications service provider, today announced it has established a distributor agreement with Thuraya Telecommunications Company ("Thuraya"), a leading Mobile Satellite Services (MSS) operator. The new agreement brings new options for satellite mobility solutions for SpeedCast's global customer base and expands SpeedCast's mobility product portfolio.

Under the agreement, SpeedCast will now have access to Thuraya's portfolio of innovative mobile satellite products and services, including Thuraya SatSleeve, XT satellite phones, land and maritime broadband terminals. The agreement further allows SpeedCast to distribute Thuraya mobile satellite products and services throughout its reseller and end-user customer base. The expanded portfolio will offer SpeedCast's customers with an even broader range of solutions to meet their communication requirements, particularly for the maritime, energy and enterprise sectors.

"The agreement between Thuraya and SpeedCast will expand our portfolio in the MSS arena," said Andrew Burdall, Vice President of Strategic Business Development, SpeedCast. "The provisioning of mobile satellite services, together with our core VSAT services, allows SpeedCast to be a one-stop shop for our customers. This development will be especially beneficial for our customers located in the Middle East and African regions, where Thuraya's network has good penetration."

"We are pleased to partner with a leading satellite service provider such a SpeedCast," said Bilal El Hamoui, Chief Commercial Officer at Thuraya. "The new agreement with SpeedCast will enhance our maritime distribution network and support the roll-out of our new maritime products and services. We have seen increasing demand for our mobile satellite services in the core markets that SpeedCast serves, such as maritime, energy and enterprise."

This new agreement follows SpeedCast's announced acquisition of Geolink Satellite Services in February, a specialist in mobile satellite services, which will further enhance SpeedCast's mobility products and services in the Middle East and African regions.

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