exactEarth expands user base with significant orders

Cambridge, ON –November 24, 2011exactEarth Ltd., the leading provider of satellite AIS data services, today announced that it has received three new significant orders for exactAIS™, its global vessel tracking and monitoring system. exactAIS uses an advanced satellite constellation and proprietary processing technology to deliver unprecedented maritime detection capabilities to its growing customer base.

The recent orders were placed by the Governments of Australia and Singapore, both new customers, and by an existing customer, the Canadian Government, to support and enhance a wide range of applications including Maritime Surveillance and Security, Traffic Monitoring, Environmental Protection, and Search and Rescue Operations.

Peter Mabson, President of exactEarth, commented: “With these recent customer wins we have now surpassed $10 million of orders booked in the last twelve months. This news caps a very successful year highlighted by the further expansion of our satellite constellation. We are constantly demonstrating the benefits of exactAIS to maritime authorities worldwide and this continues to result in new customers. It is a testament to our global capability to see that exactEarth now has customers spanning five continents across the world and, as recently reported, we delivered more than 3 billion AIS messages to these customers over the past year. We expect to gain further market traction in fiscal 2012 as we add to both our in-orbit and ground-based infrastructure.”

About exactEarth Ltd.

Based in Cambridge, ON, exactEarth Ltd. is a data services company that leverages advanced microsatellite technology to deliver monitoring solutions characterized by high performance, reliability, security, and simplicity. exactEarth’s service, exactAIS™, is a global vessel tracking and monitoring system based on world leading satellite-based advanced AIS detection technology. 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.

Contact information

Peter Mabson
President, exactEarth Ltd.
Tel: +1 519-622-4445 ext.5870
peter.mabson@exactEarth.com

Jeff Codispodi
The Equicom Group
Tel: +1 416-815-0700 ext. 261
jcodispodi@equicomgroup.com

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