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exactAIS Constellation Continues to Grow

exactAIS Constellation Continues to Grow

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CAMBRIDGE, ON – August 17, 2011 - exactEarth Ltd., a leading provider of satellite AIS data services, announced the successful launch of two advanced AIS satellites designed to extend its exactAIS constellation and increase the capacity of its global vessel monitoring service. The two spacecraft were built by SpaceQuest, Ltd. and exactEarth will take ownership after the successful completion of in-orbit testing, which is expected to be concluded within 90 days. These satellites incorporate next generation advanced AIS payloads designed to further improve AIS message detection from space. The addition of these spacecraft will bring the exactEarth constellation to five operational satellites.

exactEarth announces multiple orders for exactAIS™ data service

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Cambridge, ON – June 9, 2011 exactEarth Ltd., a leading provider of satellite AIS data services, today announced that it has recently booked multiple orders for exactAIStm, its global vessel tracking and monitoring system. The orders, which have been placed by government agencies in several countries including principally South Africa and Japan, are in excess of CDN $2 million over the next 12 months.

exactEarth presents at International Maritime Organization

Strong interest in new satellite AIS capability

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Cambridge, ON- December 15, 2010- exactEarth presented to over 150 delegates at the International Maritime Organization's Maritime Safety Committee meeting in London, England on November 27, 2010 as part of the International Association of Marine Electronics Companies(CIRM) delegation. The address was to highlight the potential role of Satellite AIS (S-AIS) for improved safety of shipping. Peter Mabson, exactEarth's President, introduced the now-available exactAIS™ service and highlighted some of the key applications.

COM DEV’s exactEarth and Spain’s HISDESAT join forces to tackle the Space-Based AIS Market

HISDESAT makes strategic investment in exactEarth – adds global market strength

CAMBRIDGE, ON – September 30, 2010 - COM DEV International Ltd. (TSX:CDV), a leading manufacturer of space hardware subsystems, today announced that its data services subsidiary, exactEarth Ltd. (“the Company”), has added a strategic investor that will play an important role in delivering and growing the Company’s exactAIS™ service in the marketplace. HISDESAT Servicios Estratégicos S.A., a major Madrid-based satellite operator and service provider that sells data to more than 25 government customers around the world, has taken a 27% equity interest in exactEarth with a cash investment of CDN $15 million, which represents an implied $55.5 million valuation of the exactEarth business. The cash investment will support exactEarth’s on-going business operations and the deployment of additional space and ground infrastructure.

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