updated 5/19/2011 7:15:46 AM ET 2011-05-19T11:15:46

BUENOS AIRES, Argentina, May 19, 2011 (GLOBE NEWSWIRE) -- Tesacom, the leader in telecommunication solutions for remote locations within Latin America, today announced the company was granted licenses in the Republic of Panama under which Tesacom can provide and sell Iridium voice and data communications in the country. Tesacom is the first company to have a license for use of Iridium in Panama.

This license enables Tesacom the ability to better address the growing commercial enterprise market and government demand for Iridium products, services and applications within Panama.

Iridium is the only communication company to offer truly global, mobile coverage. As an Iridium distributor, Tesacom is now able to offer the complete Iridium voice and data solutions and services portfolio within Panama, including: the Iridium 9555 satellite phone; the Iridium OpenPort® broadband maritime service that provides three separate phone lines and a high-speed data line; and two-way machine-to-machine (M2M) data transceivers for remote data monitoring and asset tracking and management.

In addition, Tesacom recently developed and certified VKI Tesacom for use on the Iridium global network. The VKI Tesacom system provides integrated voice, data, email and vessel monitoring solutions for the maritime sector with attractive pricing for the Panamanian market.

"This announcement reinforces the strong relationship we have maintained with Iridium since 2007, as well as our commitment to the region," affirmed Jose Sanchez Elia, CEO of Tesacom. "Acquiring this license enables us to expand the Iridium footprint, bringing advanced voice and data communications into Panama. Tesacom's first-rate customer service and after-sales service in Spanish, Portuguese and English, makes us uniquely qualified to serve end-customers within the region."

"Tesacom's innovative approach and deep market knowledge is an example of how our ever-expanding ecosystem of partners is extending the reach of Iridium around the globe and to an even broader distribution," said Ted O'Brien, vice president and general manager, the Americas, Iridium. "Together we are advancing business communications in Panama, where there is a demand for reliable, effective and continuous communications in the maritime sector, along with agriculture and the country's many other burgeoning industries."

Iridium voice and data communications provided through Tesacom will serve Panama's shipping, agriculture, manufacturing and mining industries. The Iridium network will continue to serve Panama well into the future with Iridium NEXT, its next-generation network expected to begin launching in 2015.

Tesacom is making available special pricing and new service programs in Panama. For more information, visit www.tesacom.net .

AboutTESACOM       

TESACOM is the leader in integral telecommunication solutions for remote locations in South America. It is the only company in the region that operates a constellation of 40 satellites from its facilities in Argentina. With offices in Argentina, Brazil, Chile, Panama, Paraguay, Peru, Venezuela and Uruguay, it delivers its solutions at a regional level. Its range of solutions is one of the largest in the market and includes mobile satellite services, satellite multimedia services, location and tracking services via the GPS system, software platforms, highly advanced technical equipment of superior quality, integration of networks and development of value-added applications. For more information on TESACOM services, please call 0810-3456-728 or visit www.tesacom.net

About Iridium Communications Inc.

Iridium Communications Inc. ( www.iridium.com ) is the only mobile satellite service (MSS) company offering coverage over the entire globe. The Iridium constellation of low-Earth orbiting (LEO) cross-linked satellites provides critical voice and data services for areas not served by terrestrial communication networks. Iridium serves commercial markets through a worldwide network of distributors, and provides services to the U.S. Department of Defense and other U.S. and international government agencies. The Company's customers represent a broad spectrum of industry, including maritime, aeronautical, government/defense, public safety, utilities, oil/gas, mining, forestry, heavy equipment and transportation. Iridium has launched a major development program for its next-generation satellite constellation, Iridium NEXT. The Company is headquartered in McLean, Va., U.S.A. and trades on the NASDAQ Global Select Market under the ticker symbols IRDM (common stock), IRDMW ($7.00 warrants), IRDMZ ($11.50 warrants) and IRDMU (units).

CONTACT: Silvina Graziadio
         Tesacom
         Tel: (54-11) 4114 - 2237
         sgraziadio@tesacom.net
         www.tesacom.net

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