exactEarth announces Record Orders quarter

Cambridge, ON – May 6th, 2014 exactEarth Ltd., the leading provider of satellite AIS data services, today 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.”

About exactEarth Ltd.

exactEarth, based in Cambridge, Ontario, is a data services company providing the most advanced information on global maritime traffic available today.  Our premium service, exactAIS, delivers an unrivalled view of the recognized maritime picture at a global scale. Offering fully secure data in a variety of industry standard formats and delivery methods, exactEarth’s data provides real value for a wide range of operational maritime applications delivering operational efficiencies, enhancing security, safeguarding the environment, and assisting in saving lives. exactEarth is jointly owned by COM DEV International Ltd (TSX: CDV) and HISDESAT Servicios Estratégicos S.A.  For more information, visit our website at www.exactearth.com.

About Hisdesat

Hisdesat was founded in 2001 as operator of government services by satellite to act primarily in the areas of defense, security, intelligence and foreign affairs. Since 2005, the company provides secure satellite communications to government agencies of different countries and is currently developing new satellites in two areas: Earth Observation and Information of the worldwide maritime traffic by satellite (AIS). More information: www.hisdesat.es

For further information:

Araceli Serrano

PR Communications Manager

Tel: +34 91 4490149

aserrano@hisdesat.es