DataPath Acquires SWE-DISH Satellite Systems AB
Acquisition Gives DataPath the Most Complete Line of Satellite Earth Terminals on the MarketDuluth, Ga. - July 11, 2007 - DataPath, Inc., a leading provider of satellite and wireless communications networks around the world, today announced that it has completed its acquisition of SWE-DISH Satellite Systems AB, a Stockholm-based, global leader in the design and manufacture of portable and transportable satellite communications (SATCOM) systems. SWE-DISH's customers include U.S. military organizations; German, British, Japanese and Swedish defense ministries; and leading global broadcasters.
SWE-DISH is known for its innovative, reliable line of SATCOM systems with antenna sizes of 1.5 meters and below. This line includes Suitcase® terminals - a class of small satellite terminals pioneered by SWE-DISH - and Drive-Away (vehicle-mounted) and Fly-Away systems.
Its products complement DataPath's portfolio offer, which includes: rugged, dependable terminals that range from Fly-Aways to Teleports; MaxView® network control software; wireless and baseband products; and field engineering services. Through the acquisition, DataPath also gains the ability to reach new customers in military, civilian government and broadcast markets in the United States, Europe and around the world.
SWE-DISH will operate as a wholly owned subsidiary of DataPath, and will retain its management team, corporate name and product brands. SWE-DISH will continue to serve its U.S.-based customers from its sales and service facility in Reston, Va.
Media Contact:
Peter K. Herbert
Director, Corporate Communications
678-597-0638
pherbert@datapath.com
About DataPath, Inc.
DataPath is known for rapidly designing and
delivering specialized satellite and wireless communications networks
that defy the boundaries of time, terrain and technology. Our
end-to-end solutions for military, government and business markets
include communications hardware, MaxView® network control software and
comprehensive services to help our customers deploy, manage and support
their networks, even in the most extreme conditions. DataPath has built
more than 1,000 satellite terminals to support customers around the
world. Our solutions are key to some of the U.S. military's most vital
networks, including the Joint Network Node - one of the largest, most
successful satellite communications networks ever deployed by the U.S.
military. DataPath is headquartered in Duluth, Ga., U.S.A. For more
information, visit www.datapath.com or call 866-855-3800.
Safe Harbor Disclosure
This
press release contains certain forward-looking statements, including
certain plans, expectations, goals, projections, and statements about
the benefits of the acquisition of SWE-DISH by DataPath, which are
subject to numerous assumptions, risks, and uncertainties. Actual
results could differ materially from those contained or implied by such
statements for a variety of factors including: the businesses may not
be integrated successfully or such integration may take longer to
accomplish than expected; the expected cost savings and any revenue
synergies from the acquisition may not be fully realized within the
expected timeframes; and disruption from the acquisition may make it
more difficult to maintain relationships with clients, associates, or
suppliers. Any of the above factors and numerous others not listed nor
foreseen may adversely affect DataPath’s financial performance.
Forward-looking statements speak only as of the date on which they were
made, and DataPath undertakes no obligation to update any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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