SOURCE: Norsat International Inc.

January 12, 2007 06:00 ET

Norsat Promotes Cathy Zhai to Chief Financial Officer

VANCOUVER, BC -- (MARKET WIRE) -- January 12, 2007 -- Norsat International Inc. (TSX: NII) (OTCBB: NSATF), a leading provider of intelligent satellite solutions, today announced the promotion of Cathy Zhai to the position of Chief Financial Officer. Ms. Zhai previously held the position of Interim Chief Financial Officer.

"This promotion reflects on Cathy's business acumen in driving efficiencies in the company's operations over a very short period of time," said Dr. Amiee Chan, President and CEO, Norsat International Inc.

Ms. Zhai has over 13 years of progressively senior roles at Hunter Dickinson Inc., Greater Vancouver Food Bank Society and Moncoa Corporation. Cathy began her career at Norsat as the Corporate Controller in August and was quickly promoted to Interim Chief Financial Officer in September. She is a designated Certified General Accountant and holds a Bachelor of Science degree in Mathematics.

Forward-Looking Statements

Statements in this news release 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.

This information should be read in conjunction with the Company's unaudited interim consolidated financial statements and related notes included therein for the three and nine months ended September 30, 2006, and the restated 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

About Norsat International Inc.

Norsat International Inc. designs, engineers and markets intelligent satellite solutions for high-speed data transmission. Additional information is available at Further information is available through email at or by phone, 1-604-821-2808.

Contact Information

  • Norsat International Inc. Contact:

    Dr. Amiee Chan
    +1 (604) 821-2808
    Email Contact