June 16, 2008
Echo Satcom Wins New Reseller Agreement for Its SatMAX(R) Product Line With Leading Provider of Satellite Communications Equipment to U.S. Military
Echo Satellite Communications, Inc. (Other OTC: ECSC), a leading global provider of wireless, non-line-of-sight satellite communications products and services, announced today that DK Enterprise, Inc. will resell Echo's SatMAX(R) advanced Iridium satellite communications system to its U.S. military customers. The Satellite Industry association estimates the global market for ground-based satellite communications equipment to exceed $28 billion.
"SatMAX(R) is unlike anything else available in the market. We are very excited about our new partnership with Echo SatCom," said Jay O'Dell, CMO of DK Enterprises. "Our goal is to immediately start selling SatMAX(R) to our communications systems customers."
"Coming on the heels of our recent success with the U.S. Navy, this new channel partner is an important confirmation of our technology. The DK Enterprise agreement allows Echo Satcom to offer its state of the art satellite telephone technology to all branches of the U.S. military," said Don Bresina, CEO of Echo Satcom. "We are very excited about our new relationship with DK and we feel it will open up a whole new base of SatMAX(R) customers for us, allowing us to capture a significant portion of the ground based satellite communications market."
A recently released, three-minute video explaining the full range of the features and capabilities of Echo's SatMAX(R)products can be found at www.angelvisiontech.com/clients/echo_satellite.
For more information on Echo Satcom, visit www.echosatcom.com.
Certain statements made by management and contained in this release issued by Echo Satellite Communications, Inc., (the "Company") that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the Company, its directors, or its officers about the Company and the industry in which it operates and are based on assumptions made by management. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects,""anticipates,""intends,""plans,""believes,""seeks,""estimates," and similar expressions are generally intended to identify forward-looking statements.