SOURCE: Norsat International Inc.

December 17, 2007 07:00 ET

Norsat Secures United States Department of Defense IDIQ Contract

Company Fills $500,000 in IDIQ Task Orders

VANCOUVER, BC--(Marketwire - December 17, 2007) - Norsat International Inc. ("Norsat") (TSX: NII) (OTCBB: NSATF), a leading provider of intelligent satellite solutions, today announced that its U.S. subsidiary Norsat International (America) Inc. was awarded a $750,000 Indefinite Delivery/Indefinite Quantity (IDIQ) contract by the United States Department of Defense (DoD). The contract establishes terms under which the DoD can purchase Norsat's portable satellite terminals as well as associated support and maintenance through March 2008. The company has fulfilled $500,000 in task orders in association with the IDIQ to provide the U.S. Army with satellite terminals, maintenance and support services.

"Winning this contract is an important milestone for Norsat, as it is our first IDIQ where we are the sole product and service provider, rather than a member of a consortium," said Dr. Amiee Chan, president and CEO Norsat International Inc. "This serves as a testament to the technology leadership of our satellite terminals, and emphasizes our strengthening leadership position in the U.S. portable satellite terminal market. Establishing a contract vehicle makes it easier for customers to order products directly from Norsat, which has the effect of smoothing out our revenue throughout the year. We will continue to pursue further IDIQ opportunities as they arise."

An IDIQ contract does not require the Government to make any purchases above a specified minimum over the life of the contract. While under the terms of Norsat's IDIQ contract with the DOD there is no minimum purchase requirement, Norsat has fulfilled and delivered 67% of the total contract value to date.

About Norsat International (America) Inc.

Norsat International (America) Inc. is a subsidiary of Norsat International Inc. (TSX: NII) (OTCBB: NSATF). The company 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.

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 Norsat's unaudited interim consolidated financial statements and related notes included therein for the nine months ended September 30, 2007, and the Management Discussion and Analysis for the nine months ended September 30, 2007. All of the company's financial statements are prepared in accordance with Canadian generally accepted accounting principles (Canadian GAAP). Additional information may be found at

Contact Information

  • For further information, contact:
    Kristen Dickson
    Investor Relations
    The Equicom Group
    Tel: 416-815-0700 x 273
    Email: Email Contact