Navarino Telecom Signs Inmarsat Global Xpress® Value Added Reseller Agreement

News provided by

Nov 16, 2012, 07:31 ET

LONDON, November 16, 2012 /PRNewswire/ --

Navarino signs with Inmarsat for Global Xpress®
First Telco in Greece to be appointed a Global Xpress Value Added Reseller
Latest endorsement from the market for Inmarsat's service innovation and roadmap toward Global Xpress®

Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communications services announced today that it has signed Piraeus-headquartered satellite communications organisation, Navarino as a Value Added Reseller (VAR) of Global Xpress® for the maritime market.

Navarino is one of the leading satellite communication providers in Europe and Asia, specializing in a number of innovative products and value added services for vessels that trade globally. The company has a client base of more than 500 shipping companies throughout Europe and Asia, serviced by offices in Piraeus, Hamburg, Oslo, Cyprus, Hong Kong and Singapore.

Dimitris Tsikopoulos, CEO, Navarino, said: "Global Xpress is the best response to the increasing need for data-driven and cost-effective communications at sea, offering the shipping industry unprecedented data speeds and global coverage. Greece has the largest single ownership of ocean-going vessels, with around 17% of the world's ship owners based here. Our customers have the highest bandwidth requirements and Global Xpress with its combination of a new super-fast Ka-band satellite network and the existing FleetBroadband service will deliver a quality, global service with the utmost reliability."

Continues Tsikopoulos: "The deployment of Global Xpress will herald a revolution in maritime communications and will have a significant impact on how the shipping industry can improve its profitability through achieving long term cost efficiencies."

Said Frank Coles, President, Inmarsat Maritime: "Navarino is a highly specialised integrator, reseller and developer of maritime communications services. Its worldwide installation and support capabilities will certainly aid the swift deployment of Global Xpress amongst their customers in both Europe and Asia, and we are delighted to recognise them as the first Global Xpress VAR in Greece. I believe Navarino is well positioned to offer the next generation of Inmarsat services to its current and future customers."

About Navarino

Navarino is a leading maritime satellite communications provider, based in Piraeus, Greece. Founded in 1996, the company has grown into one of the major distributors of Inmarsat services worldwide, with offices in Greece, Cyprus, Germany, Norway, Singapore and Hong Kong. The company specialises in serving the merchant marine market exclusively, and caters to the satellite communication needs of any type of merchant vessel. In addition to its airtime services, Navarino has a strong portfolio of Value Added Solutions that are designed to enhance the communication capabilities of its customers. Furthermore, Navarino is a distributor for the leading satellite communication hardware manufacturers, and has a global installation and on board service network that covers every continent. For more information, please visit www.navarino.gr

About Inmarsat

Inmarsat plc is the leading provider of global mobile satellite communications services. Since 1979, Inmarsat has been providing reliable voice and high-speed data communications to governments, enterprises and other organizations, with a range of services that can be used on land, at sea or in the air. Inmarsat employs around 1,500 staff in more than 40 locations around the world, with a presence in the major ports and centres of commerce on every continent. Inmarsat is listed on the London Stock Exchange (LSE: ISAT.L). For more information, please visit Inmarsat.com

The Inmarsat press release newsfeed is on Twitter @Inmarsatnews and corporate updates are on @Inmarsat_plc.

SOURCE Inmarsat