MELBOURNE, Fla. and MCLEAN, Va., May 19, 2010 -- LiveTV and Iridium Communications Inc. (Nasdaq:IRDM) have entered into an agreement to develop an aviation antenna based on the Iridium OpenPort® high-speed communications service, which launched in the maritime market in 2008. LiveTV is displaying a prototype of the antenna, developed for a LiveTV Iridium OpenPort-based system enabling cockpit-to-cabin connectivity services, this week at the Aircraft Interiors Expo 2010 in Hamburg, Germany, May 18-20, 2010.
"The success of the Iridium OpenPort platform for maritime led us to move forward with the development of the aviation version with the same attributes, network quality and coverage that our customers depend on," said Greg Ewert, executive vice president, global distribution channels, Iridium. "Our global network provides worldwide coverage, including the North and South Poles, which is critical to aircraft operators and is paramount to why we have partnered with LiveTV to develop this groundbreaking service. Commercial and general aviation passengers can now be within reach, even when flying oceanic or Polar routes."
"We are excited about this first public showing of the LiveTV Iridium OpenPort-based solution for aviation," said Mike Moeller, LiveTV's vice president of sales and marketing. "Under our agreement with Iridium, our engineering teams are working closely together to finalize a market-ready service, and we expect to engage in Supplemental Type Certificate (STC) air trials by the fourth quarter 2010, with full commercial rollout early in 2011."
The antenna and electronics on display at Aircraft Interiors Expo 2010 is the first of a series of LiveTV products providing solutions for both commercial and general aviation customers. The solution provides up to 128 kbps and three voice channels in an always-on IP configuration.
The planned low capital cost of the LiveTV Iridium OpenPort-based aviation equipment, and cost-effective airtime packages, will enable affordable ongoing, global connectivity to keep crew, operations staff and passengers in touch, according to Moeller, who also foresees a considerable market in the business jet sector.
Ewert noted that Iridium NEXT, the company's next-generation satellite constellation, will be backward compatible with the Iridium OpenPort platform.
LiveTV is the world's leading provider of live in-flight entertainment and connectivity systems for commercial airlines. Founded in 1998 in Melbourne, Fla., LiveTV has installation and maintenance locations around the world to support the more than 600 aircraft equipped with its products. Current customers include JetBlue, Continental, Frontier, AirTran, Alitalia, Virgin Blue, Azul and WestJet. For a full listing of products and partners, or for more information, please visit www.livetv.net. LiveTV is a wholly owned subsidiary of JetBlue Airways.
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).
Statements in this press release that are not purely historical facts may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding the development and launch of Iridium NEXT, the backward compatibility of Iridium NEXT with our current constellation and the development and commercial availability of the LiveTV Iridium OpenPort-based communications system. Other forward-looking statements can be identified by the words "anticipates," "may," "can," "believes," "expects," "projects," "intends," "likely," "will," "to be" and other expressions that are predictions or indicate future events, trends or prospects. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Iridium to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, our ability to maintain the health and capacity of our current constellation, uncertainties regarding the development of and availability of financing for Iridium NEXT and other risks that affect our ability to generate cash internally, as well as general industry and economic conditions, and competitive, legal, governmental and technological factors. Other factors that could cause actual results to differ materially from those indicated by the forward-looking statements include those factors listed under the caption "Risk Factors" in the company's Form 10-K for the year ended December 31, 2009, filed with the Securities and Exchange Commission on March 16, 2010. There is no assurance that Iridium's expectations will be realized. If one or more of these risks or uncertainties materialize, or if Iridium's underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. Iridium's forward-looking statements speak only as of the date of this press release and Iridium undertakes no obligation to update forward-looking statements.
CONTACT: Iridium Communications Inc. Press Contact: Marie Knowles +1 (703) 287-7476 firstname.lastname@example.org LiveTV LLC Press Contact: Mike Moeller +1 (321) 308-9150 email@example.com