Addvalue and Inmarsat Sign Agreement to Launch Inter-satellite Data Relay Service, a World's First Commercial On-demand Communications Service to Support LEO Satellite Operations

This Master Service Agreement will make IDRS available to carefully targeted commercial LEO customers globally. Addvalue and Inmarsat will work together to take the IDRS service to market, with Addvalue providing the IDRS flight hardware to be carried on board the LEO satellites and serving as the distributor of IDRS airtime to LEO satellite operators.

Commenting on the Master Service Agreement, Dr Colin Chan, Chairman and CEO of Addvalue remarked that: "We are delighted that our years of hard work have resulted in our partnering with Inmarsat to offer this communications service. Catering to the fast growing LEO satellite market is an exciting business opportunity for us. Furthermore, this will enable us to extend our marketing to include IDRS airtime that has great upside potential for Addvalue. Inking this agreement will enable us to move forward commercial discussions with our customers."

About Addvalue Technologies Ltd.  (www.addvaluetech.com)

Addvalue Technologies Ltd (A31) a SGX Mainboard-listed company, is a leading one-stop digital, wireless and broadband communications technology products innovator, which provides state-of-the-art satellite-based communication terminals and solutions for a variety of voice and IP based data applications.

Addvalue is presently a leading global developer and supplier of mobile satellite terminals supporting coverage provided by premier mobile satellite communication system operators. These terminals are an ideal choice for communications in areas around the world where terrestrial networks are non-existent, or ineffective. This is particularly so for maritime communications, which rely almost entirely on satellite communications, where Addvalue's marine communications terminals are well suited.

About Inmarsat (www.inmarsat.com)

Inmarsat plc is the leading provider of global mobile satellite communications services. Since 1979, Inmarsat has been providing reliable voice and high-speed data communications to governments, enterprises and other organizations, with a range of services that can be used on land, at sea or in the air. Inmarsat operates in more than 60 locations around the world, with a presence in the major ports and centres of commerce on every continent. Inmarsat is listed on the London Stock Exchange (ISAT.L). For more information, please visit www.inmarsat.com

About  IDRS

The Addvalue developed IDRS terminal is an innovative key device that allows Addvalue to address a long-standing constraint on LEO satellite operations. Its unique value is it enables the provision of on-demand, low latency, 24/7 full duplex data services to support of commercial LEO satellite operations.  Presently LEO satellite operators have only brief and intermittent data service opportunities that must be rigidly scheduled around the flight path of their LEO satellites.  With Addvalue's IDRS this restriction is eliminated, thereby simplifying the task of managing LEO satellite operations. Further, on-demand aspect of the IDRS service will enhance the efficiency of LEO satellite operations.  This is especially a boon to the operators of large LEO satellite fleets.