Global Invacom Group Limited Approval for DCSS Generation LNB (8301M)
October 19 2016 - 4:15AM
UK Regulatory
TIDMGINV
RNS Number : 8301M
Global Invacom Group Limited
19 October 2016
Global Invacom Group Limited
Global Invacom Receives Approval for DCSS Generation LNB from
Leading U.S. Equipment Provider
London, 19 October 2016 - Global Invacom Group Limited ("Global
Invacom" or "the Group"), a satellite communications ("Sat Comms")
equipment provider listed on the Singapore Exchange and the U.K.
AIM Market, today announces that it has received approval for the
supply of its new generation of Low Noise Block ("LNB") products
from its largest customer ("the Customer"), a leading satellite
equipment provider in the U.S.
The Group received formal approval from the Customer for the
Eastern Arc Twin Generation 2 Hybrid ("EA Twin GenII"), which uses
Digital Channel Stacking ("DCSS") technology. The EA Twin GenII is
used within a 16-tuner system, which enables a simpler installation
with less cabling than other systems. Global Invacom is one of two
suppliers for this new generation of product to this customer.
The approval marks a significant achievement for the Group which
has reported on its continued investment in the new generation LNB
since 2014 and confirms Global Invacom as a leading supplier of the
latest Sat Comms technology. The Group expects to deploy the DCSS
technology across its range of new LNBs, benfitting those currently
in design or awaiting approval, for other customers and
territories.
Delivery of the new product will commence in November 2016.
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
**End of Press Release**
For media queries, please contact
Matthew Garner
Chief Financial Officer
Global Invacom Group Limited
8 Temasek Boulevard Freeman House
#20-03 Suntec Tower John Roberts Business
Three Park
Singapore 038988 Canterbury CT5 3BJ
+65 6884 3423 +44 203 053 3523
On behalf of Global Invacom Group Limited:
finnCap Ltd (Nominated Adviser and Joint Broker)
Christopher Raggett/Simon Hicks (Corporate Finance)
Rhys Williams (Corporate Broking and Sales)
+44 207 220 0500
Mirabaud Securities LLP (Joint Broker)
Peter Krens (Equity Capital Markets)
+44 207 878 3362
Bell Pottinger LLP (UK Financial PR)
David Rydell / Lucy Stewart
+44 203203 772 2500
WeR1 Consultants Pte Ltd (Singapore Financial PR)
Grace Yew, graceyew@wer1.net
Wendy Sim, wendysim@wer1.net
+65 6737 4844
About Global Invacom Group Limited
Global Invacom Group Limited ("Global Invacom") is listed on the
Singapore Exchange Securities Trading Limited Mainboard ("SGX-ST")
and its shares are admitted to trading on the AIM Market of the
London Stock Exchange in the U.K.
Global Invacom is a fully integrated satellite equipment
provider with seven manufacturing plants across China, Israel,
Malaysia, U.K. and the U.S. Its customers include satellite
broadcasters such as BSkyB of the U.K. and Dish Network of the
U.S.A.
On 24 August 2015, Global Invacom completed the acquisition of
Skyware Global, a leading U.S.-based designer and supplier of
satellite antennas products and services for C-band, Ku-band and
Ka-band frequency platforms, positioning itself as the world's only
full-service outdoor unit supplier.
Global Invacom provides a full range of dish antennas, LNB
receivers, transmitters, switches and video distribution components
and electronics manufacturing services in satellite communications
as well as manufacturing services in TV peripherals, computer
peripherals, medical, and consumer electronics industries.
For more information please refer to www.globalinvacom.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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