MCLEAN, Va., June 3, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) announces that Zodiac Maritime Agencies Ltd., a major international ship management company based in the U.K., has completed retrofitting its 156-ship fleet with Iridium OpenPort® maritime satellite terminals.
AND Group plc, an Iridium service provider based in the U.K., performed the Iridium OpenPort installations, integrating the satellite terminals with its IPSignature communications management software.
"Zodiac was one of the first shipping fleets to take advantage of Iridium OpenPort's unmatched value proposition of global coverage, multiple phone circuits, 128 kbps data, and low equipment and usage costs," said Greg Ewert, Iridium executive vice president of global distribution channels. "Following successful sea trials, Zodiac made the decision to roll out the Iridium OpenPort fleetwide last year."
"Iridium OpenPort is rapidly gaining momentum in the maritime marketplace as more ship operators like Zodiac discover its unique advantages and benefits," Ewert added. "Since introducing the product in 2008, we have delivered and activated nearly 2,000 terminals."
"In today's economic climate, shipowners and managers are looking for ways to reduce operating costs," said Ian Robinson, CEO, AND Group. "The upgrade to Iridium OpenPort has yielded significant savings in Zodiac's monthly satellite communication costs. Coupled with our IPSignature software and customizable data pricing plans for Zodiac's business, crew calling, Internet and e-mail, Iridium OpenPort provides a highly attractive solution for Zodiac's fleet communication requirements."
About Iridium Communications Inc.
Iridium Communications Inc. (www.iridium.com) is the only mobile satellite service (MSS) company offering coverage over the entire globe. The Iridium constellation of low-earth orbiting (LEO) cross-linked satellites provides critical voice and data services for areas not served by terrestrial communication networks. Iridium serves commercial markets through a worldwide network of distributors, and provides services to the U.S. Department of Defense and other U.S. and international government agencies. The company's customers represent a broad spectrum of industry, including maritime, aeronautical, government/defense, public safety, utilities, oil/gas, mining, forestry, heavy equipment and transportation. Iridium has launched a major development program for its next-generation satellite constellation, Iridium NEXT. The company is headquartered in McLean, Va., USA and trades on the Nasdaq Global Market under the ticker symbols IRDM (common stock), IRDMW ($7.00 warrants), IRDMZ ($11.50 warrants) and IRDMU (units).
About Zodiac Maritime Agencies Ltd.
Zodiac Maritime Agencies Ltd. (www.zodiac-maritime.com) is an international ship management company specializing in the management of VLOCs, Capesize, Panamax, Handymax and Handysize bulk carriers, chemical tankers, LPG tankers, container ships and pure car and truck carriers. Zodiac is a U.K.-registered company and was established in the mid-1970s.
About AND Group plc
Founded in 1974 in North Shields, Tyne and Wear, U.K., AND Group plc (www.and-group.net) is an internationally recognized provider of communication services to the marine and offshore sector. The company provides design, management, consulting and installation services across the MSS sector to a wide variety of clients operating in the marine and oil and gas industries. The company's recently launched IPSignature software platform is designed to optimize satellite communication and costs while providing flexible, administration-free access for crew.
CONTACT: Iridium Communications Inc. Marie Knowles +1 (703) 287-7476 firstname.lastname@example.org Rhodes Communications Jim Rhodes +1 (757) 451-0602 email@example.com
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