June 9, 2016

SpeedCast International Limited (ASX: SDA), a leading global satellite communications and network service provider, and KTsat, the only satellite service provider in Korea, are pleased to announce the two companies have been awarded a new contract to provide global Ku-band maritime communications services to up to 150 vessels. The service will be installed over the next 18 months.

Piers Cunningham, Vice President, Maritime Services, SpeedCast commented, “We are delighted to see the growth of our partnership with KTsat, servicing Korean shipping customers. Over the past six years, SpeedCast has been providing KTsat customers with access to our global satellite telecommunications service network, offering an uninterrupted satellite coverage along major maritime routes and offshore regions.”

“It has been a phenomenal experience to work with SpeedCast for our maritime customers. We saw a great momentum from our partnership that our KOREASAT satellite fleets in Korea and in the Asia-Pacific region have been growing over the past few years. SpeedCast has been providing an extensive infrastructure for providing this seamless connectivity for maritime data, video and voice communication services, and put in continuous effort to improve and augment the coverage, capacity and capability in its maritime communications solution,” said Shin Kyushik, CEO of KTsat.