SOURCE: Norsat International Inc.

September 19, 2006 08:00 ET

Norsat Names Cathy Zhai Interim CFO

VANCOUVER, BC -- (MARKET WIRE) -- September 19, 2006 -- Norsat International Inc. (TSX: NII) (OTCBB: NSATF) announced that it has named Cathy Zhai as Interim Chief Financial Officer. Ms. Zhai, a Certified General Accountant, previously served as the Corporate Controller at Norsat International Inc. and succeeds George Dorin.

"Cathy has a very strong operations experience and is an extraordinarily dedicated individual. We look forward to working with Cathy as we evolve the Company's business model. She has a strong understanding of how to drive the necessary efficiencies and her leadership in this area will be critical," said Dr. Amiee Chan, President and CEO of Norsat International Inc.

Ms. Zhai previously worked at Hunter Dickinson, a mining company, and served as the Chief Financial Officer of Moncoa Corporation, a publicly listed technology company. She holds a Bachelor of Science in Mathematics.

Forward-Looking Statements

Statements in this report relating to matters that are not historical fact are forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, general economic conditions, changes in technology, reliance on third party manufacturing, managing rapid growth, global sales risks, limited intellectual property protection and other risks and uncertainties described in Norsat's public filings with securities regulatory authorities.

The information should be read in conjunction with the Company's audited consolidated financial statements, related notes included therein and Management Discussion and Analysis for the year ended December 31, 2005. All the Company's financial statements are prepared in accordance with generally accepted accounting principles in Canada (Canadian GAAP). Additional information from the year ended December 31, 2005, and other information related to the Company, may be found on the company's website at www.norsat.com.

About Norsat International Inc.

Norsat International Inc. designs, engineers and markets intelligent satellite solutions for high-speed data transmission. For more than 25 years, Norsat has built a strong reputation in the field of satellite technology by providing its customers with innovative products. Norsat's latest innovations include the Norsat OmniLink™ and GLOBETrekker lines of portable satellite terminal products that provide rapidly deployable broadband satellite data and video connectivity in areas where traditional communications infrastructure is insufficient, damaged, or non-existent. Additional information is available at www.norsat.com. Additional investor information is available through email at communications_investorrelations@Norsat.com or by phone, 1-604-292-9000 or toll-free in Canada and the U.S., 1-888-667-7281.

Contact Information

  • Contact:
    Norsat International Inc.
    Email Contact
    1-604-292-9000 or 1-888-667-7281