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exactEarth receives $19.2M AIS data contract from the Government of Canada

Cambridge, ON- September 30th, 2014—exactEarth today announced that it has been awarded a C$19.2 million contract by the Government of Canada to provide extensive advanced Satellite AIS data services.

This contract covers a period of 18 months and supersedes and significantly augments the existing AIS data services contract that had been in place since 2012 with the Canadian Space Agency and Department of National Defence. The superseded amount is C$1.8 million, making the net new order booking C$17.4M.

Under the new contract the full exactAIS® data service is made available to all Canadian government departments and is expected to be used for a wide range of applications including but not limited to wide-area maritime surveillance and security, customs and border protection, Arctic vessel traffic monitoring, fisheries and environment monitoring as well as Search and Rescue.

“We are very pleased that the Government of Canada has recognized the fundamental importance and value of AIS data to the management, surveillance, security and safety of global maritime traffic,” said Peter Mabson, President of exactEarth. “Since the Government of Canada first adopted the exactAIS® service in 2010 their usage has grown exponentially – both in terms of number of users and number of applications. This is not only indicative of the value provided by this service but is also a testament to the quality and reliability of the exactAIS® data service. exactEarth’s data service is currently being provided to more than 40 countries and we are committed to continuing to provide leadership in service quality and customer support to all of our customers around the world.”

About exactEarth Ltd.

exactEarth, based in Cambridge, Ontario, is a data services company providing the most advanced information on global maritime traffic available today. Our premium service, exactAIS, delivers an unrivalled view of the recognized maritime picture at a global scale. Offering fully secure data in a variety of industry standard formats and delivery methods, exactEarth’s data provides real value for a wide range of operational maritime applications delivering operational efficiencies, enhancing security, safeguarding the environment, and assisting in saving lives. exactEarth is jointly owned by COM DEV International Ltd (TSX: CDV) and HISDESAT Servicios Estratégicos S.A. For more information, visit our website at www.exactearth.com.

About Hisdesat

Hisdesat was founded in 2001 as operator of government services by satellite to act primarily in the areas of defense, security, intelligence and foreign affairs. Since 2005, the company provides secure satellite communications to government agencies of different countries and is currently developing new satellites in two areas: Earth Observation and Information of the worldwide maritime traffic by satellite (AIS). More information: www.hisdesat.es

For further information:
Araceli Serrano
PR Communications Manager
Tel: +34 91 4490149
aserrano@hisdesat.es