Wireless Matrix Extends Satellite Agreement with LightSquared
Extension Provides Satellite Communications Service into February 2016
HERNDON, VA - (Feb 20, 2013) - Wireless Matrix Corporation (TSX: WRX), a leading provider of satellite communication services for critical business applications and GPS fleet management solutions, announced today that it has executed an extension of its service agreement with LightSquared, a provider of wholesale mobile satellite data, voice and bandwidth leasing services.
Under the terms of the agreement, LightSquared will provide Wireless Matrix with satellite communications service through mid-February 2016, utilizing LightSquared’s next-generation SkyTerra-1 satellite. SkyTerra-1 is among the most powerful commercial satellites ever built, and offers reliable, ubiquitous coverage throughout North America.
The agreement enables Wireless Matrix to provide service continuity for customers utilizing satellite service as an integral part of their business. These include railroad operators that use satellite for mission-critical locomotive communications, energy companies that must connect with mobile workers for outage management and other unscheduled tasks, and energy companies requiring always-on monitoring of the status of fixed-site asset operations in remote locations.
About Wireless Matrix