OTTAWA, Feb. 12 /CNW/ - RAMTelecom Inc. (TSX-V:RTC) today announced a new
departmental expansion to the number of sites currently in place under the
guidelines of its Canadian Federal Government satellite broadband contract.
The new project will add $1,100,000 in revenues to the current contract
valuation of $650,000, with the need for additional sites under discussion.
The Corporation holds a 36-month contract with the Government of Canada
enclosing the option to renew over an additional two, two-year periods.
Originally the contract was to generate $650,000 over three years, but in
consideration of the new sites, RAMTelecom will receive $1.8 million.
"RAMTelecom has been providing the Canadian Government with satellite
solutions since July 1996," said RAMTelecom CEO Ralph Misener. "We are very
fortunate to have been working with Government to provide upgraded
telecommunication services to remote federal offices, as well as playing a
vital role in upgrading the Government's use of technology and capabilities to
mobilize its satellite broadband services in response to national emergencies.
The added revenue will certainly boost our bottom line providing an example
for others to consider the efficiencies satellite communications deliver," he
RAMTelecom is a satellite service provider delivering flexible, scalable
solutions for broadband data and voice business communications. RAMTelecom's
fixed and mobile satellite-based communication services and value-add
solutions are designed for medium and large enterprises in oil and gas,
mining, and forestry and government agencies. With complete coverage of the
North American market, RAMTelecom's satellite broadband services help
organizations achieve greater operational efficiency by providing continuous
real-time communications between central offices and remote locations anywhere
in North America. www.ramtelecom.ca.
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For further information:
For further information: RAMTelecom Inc.: Ralph Misener, CEO, Tel: (613)
747-1836 Ext 125, Email: email@example.com; CHF Investor Relations:
Alison Tullis, Account Manager, Tel: (416) 868-1079 Ext. 233, Email: