updated 3/15/2011 6:47:35 AM ET 2011-03-15T10:47:35

WASHINGTON, March 15, 2011 (GLOBE NEWSWIRE) -- Satellite 2011 ORBIT Communication Systems, Ltd., a subsidiary of Orbit Technologies Ltd. (TASE:ORBI), a Satellite Communications, Tracking & Telemetry, and Communications Management Systems provider, today announced that it has recently shipped its 1,000th OrSat maritime VSAT system.

"As a premier industry event, Satellite 2011 is the ideal setting in which to mark this major milestone of one thousand OrSat systems sold," stated Avi Cohen, President & CEO of ORBIT Communication Systems, Ltd. "In this very competitive market, major maritime IT integrators require proven systems that mitigate project risk and reduce ongoing maintenance costs. OrSat's unprecedented track record is a testament to its technological superiority, operational performance and reliability over time."

Originally introduced to the market in 2007, the OrSat is currently recognized as the world's best performing VSAT system and leads the industry in satellite regulation compliance. OrSat supports high performance, high-speed, 2-way broadband communications. The product enables a wide variety of applications, including voice calls, fax, data transfer, video conferencing, email, remote support, data backup and more. ORBIT's extensive base of civilian and military customers for its OrSat systems represent all segments of the maritime industry including Oil and Gas, Navies, Commercial Shipping, Mega Yachts and Fishing boats.

"Our customers expect immediate and effective support for both deployment and operations," added Cohen. "To this end, we back up our OrSat products with a network of hundreds of trained technicians worldwide to assist customers with any support issues that may arise."

About ORBIT Communication Systems, Ltd.

ORBIT is a world leading supplier of innovative Satellite Communications solutions as well as Tracking & Telemetry and Communications Management Systems. The company's products are deployed on board airborne, marine and land platforms with both military and civilian customers and are installed on thousands of projects with companies and organizations worldwide. ORBIT's customers include over 20 Navies, major integrators such as Airbus Military, Boeing, Lockheed Martin, Northrop Grumman and Rockwell Collins, as well as communications service providers such as SELEX Communications, Telespazio, Eutelsat, NewSat, Gilat, Harris Communications, SpeedCast and others.

ORBIT is a public company traded on the Tel Aviv Stock Exchange. The company boasts an international marketing, sales and support network that includes the United States, Europe, and the Far East in addition to its international technical service centers located around the world.

For more information, please visit www.orbit-cs.com

CONTACT: Naomi Azrieli
         Marketing Communications Manager
         ORBIT Communication Systems Ltd.
         Tel: +972-9-892-2785
         naomi.azrieli@orbit-cs.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 5.09%
$30K home equity loan FICO 5.19%
$75K home equity loan FICO 4.67%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.34%
13.32%
Cash Back Cards 17.82%
17.81%
Rewards Cards 17.07%
17.06%
Source: Bankrate.com