May 6, 2014
exactEarth Ltd., announced record order bookings for the second fiscal quarter of 2014 for its global vessel tracking and monitoring system. Orders received for the quarter total C$9.6 million which surpasses its previous orders record for a single quarter by over 70%.
The orders were placed across a number of major government and commercial customers around the world representing both renewal as well as new business wins as exactEarth continues to rapidly increase customer adoption of its system across multiple market sectors.
Peter Mabson, President of exactEarth, commented: "We are delighted to receive such a solid endorsement from our expanding global customer base. As the only company solely dedicated to the Satellite AIS business, we remain committed to bringing our customers the very best in terms of service performance as well as in direct customer service and application support for 'worry-free' operation. Our patented ground based detection technology allows each of our high performance satellites to detect more vessels each day than four of our competitors' satellites put together. Our continuing development investments allow us to offer a growing set of products and services meeting an increasingly diverse set of needs and requirements across a growing number of market segments."