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WRX Western Resources Corp

0.08
-0.005 (-5.88%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Western Resources Corp TSX:WRX Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.005 -5.88% 0.08 0.08 0.085 0.085 0.08 0.085 32,000 19:38:59

Wireless Matrix Extends Satellite Relationship With SkyTerra; Service Continuity Through 2012, Next Generation Services

21/04/2009 2:00pm

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Western Resources (TSX:WRX)
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Wireless Matrix (TSX: WRX) today announced that the company has executed a contract extension with its satellite service provider, Reston, VA-based SkyTerra (OTCBB: SKYT) for services through 2012.

The agreement provides a seamless migration path that will allow Wireless Matrix to provide their existing satellite data communication services via SkyTerra's planned next generation satellite network. Wireless Matrix's satellite customers will continue to receive satellite communication service without interruption. Integrating satellite data services from SkyTerra with cellular data service via its proprietary modems provides a key differentiator for Wireless Matrix's vehicle management solutions. Using satellite to connect dispatchers with vehicles operating in cellular-poor areas, Wireless Matrix's solutions increase the effective coverage areas for fleet operations, improve productivity and enhance technician safety.

"This agreement paves the way for Wireless Matrix to extend valuable next generation broadband satellite services to our customers," said J. Richard Carlson, Wireless Matrix president and CEO. "We are pleased to renew what has been a highly successful relationship with SkyTerra. The new agreement provides business continuity and future capabilities to our satellite and multimode users."

"This service extension agreement will enable Wireless Matrix to continue to deliver efficient and real-time mobile wireless communications services for its growing roster of enterprise customers," said Susan Miller, senior vice president of Satellite Services for SkyTerra. "SkyTerra and Wireless Matrix have enjoyed a long and mutually beneficial relationship and we look forward to our continuing association with them as we advance toward our next-generation satellite-terrestrial communications network."

SkyTerra (formerly Mobile Satellite Ventures) has provided satellite communications service to Wireless Matrix since 1997. The previous agreement between the two companies provided for service through 2009.

About Wireless Matrix

Wireless Matrix provides enterprise-class wireless data solutions for business-critical mobile and remote asset operations. The company delivers real-time data services across cellular, satellite and WiFi networks; a variety of modems and hardware platforms; and transportation applications that increase productivity and reduce operating expenses with service fleet operations. Wireless Matrix is headquartered in Reston, VA., and has offices in San Francisco and Burnaby, British Columbia. For more information visit www.wirelessmatrix.com.

About SkyTerra Communications (www.skyterra.com)

SkyTerra Communications (OTCBB: SKYT) delivers mobile wireless voice and data services primarily for public safety, security, fleet management and asset tracking in the U.S. and Canada. The company's next-generation integrated satellite-terrestrial communications network is expected to provide seamless, transparent and ubiquitous wireless coverage of the United States and Canada to conventional handsets. When completed, the network will support communications in a variety of market segments, including public safety, homeland security, telematics, transportation and entertainment, by providing a platform for interoperable, user-friendly and feature-rich voice and high-speed data services.

Contacts: Wireless Matrix Maria C. Izurieta Investor Relations (703) 262-4020 Maria.Izurieta@wrx-us.com Wireless Matrix Michael Jakab Sales (703) 262-4086 Mike.Jakab@wrx-us.com Wireless Matrix Mark Freeman Marketing / Media Relations (703) 262-4024 Mark.Freeman@wrx-us.com www.wirelessmatrix.com

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