CARLSBAD, Calif., Nov. 29, 2012 /PRNewswire/ -- To help bring smartphones and tablets to the battlefield, the U.S. Marine Corps Systems Command has chosen ViaSat Inc. (Nasdaq:VSAT) to engineer advanced information security into common, off-the-shelf mobile devices. Armed with their own smartphone and ViaSat security software, warfighters can become a sensor on the network, contributing information to multiply force effectiveness at a fraction of the cost, with faster network access, and more capability compared to traditional handheld radios. The contract award includes a series of progressive developments, with an initial award of approximately $2.4 million and options for further engineering and design.
Adding ViaSat cyber and information security to commercial off-the-shelf (COTS) smartphones and tablets can enable personnel to communicate securely over 3G/4G/LTE cellular and Wi-Fi networks, store sensitive data, and protect their devices against malware attacks. While this development is for tactical warfighters, the ViaSat system is designed to provide secure communication of sensitive information for any government or commercial customer.
"People want to bring the capabilities of their mobile devices right along with them on their missions," said Jon Korecki, executive director of Secure Network Systems at ViaSat. "We have a number of ongoing developments to deliver a secure mobile enterprise system that can work those devices seamlessly into a variety of carrier networks."The first phase of the U.S Marine contract calls for ViaSat to develop and deliver 150 mobile proof-of-concept devices for Department of Defense (DoD) testing and integration. The development is expected to be complete by spring of 2013 with the new secure mobile system available on any Android device. About ViaSat ( www.viasat.com) ViaSat delivers fast, secure communications, Internet, and network access to virtually any location for consumers, governments, enterprise, and the military. The company offers fixed and mobile satellite network services including Exede by ViaSat, which features ViaSat-1, the world's highest capacity satellite; service to more than 1,750 mobile platforms, including Yonder® Ku-band mobile Internet; satellite broadband networking systems; and network-centric military communication systems and cyber security products for the U.S. and allied governments. ViaSat also offers communication system design and a number of complementary products and technologies. Based in Carlsbad, California, ViaSat has established a number of locations worldwide for customer service, network operations, and technology development. Forward-Looking Statements This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward looking statements include statements about ongoing developments, expected completion, further contract awards, costs, network speed and capability. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: contractual problems, product defects, manufacturing issues or delays, regulatory issues, technologies not being developed according to anticipated schedules, or that do not perform according to expectations; and increased competition and other factors affecting the defense industry generally. In addition, please refer to the risk factors contained in ViaSat's SEC filings available at www.sec.gov, including ViaSat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. ViaSat undertakes no obligation to update or revise any forward-looking statements for any reason.
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