Global connectivity leader, EMS Technologies, Inc. (NASDAQ:ELMG),
announced today that products and solutions offered through its Global
Resource Management unit will soon be outfitted for compatibility with
GLONASS, a constellation of 26 positioning and navigation satellites
operated by the Russian government. The enhancements are designed to
enable the delivery of reliable and secure asset-tracking and
-monitoring solutions to a wide array of customers in Russia and the
Commonwealth of Independent States (CIS). The products will be
introduced later this year through a distribution agreement between EMS
Global Tracking and MVS Global Telecommunications Moscow.
“GLONASS certification is a must-have feature for many of our customers
in Russia and other countries in the region,” noted Dino Koutrouki, Vice
President and General Manager, EMS Global Resource Management. “With the
new capabilities in place, we anticipate being able to offer a complete
end-to-end tracking solution for marine- and land-based vehicles in
these growing markets. As an additional benefit, our products will be
designed to support upcoming GPS constellations like Galileo in Europe
and the Beidou navigation system in China without any modifications to
the antenna.”
In addition to making its products compatible with the GLONASS system,
EMS Global Tracking is localizing key components of its solution,
including translating ViewPointTM asset management software
and all technical documentation into the Russian language to enable the
smooth rollout of future projects. Even the display on the Osprey
Personal TrackerTM has been updated to support Cyrillic
characters out of the box.
We are seeing strong interest in our GLONASS-enabled products from
several Russian private and public organizations in the oil & gas and
forestry sectors,” added Dmitry P. Sokolov Regional Sales Manager,
Russia, EMS Global Tracking. “It’s clear that our end-to-end tracking
solutions have caught the attention of a number of Russian system
integrators working in a range of tracking and monitoring applications.”
About EMS Technologies
As one of the world’s leading providers of wireless connectivity
solutions, EMS Technologies, Inc. keeps people and systems connected —
on land, at sea, in the air or in space. EMS offers industry-leading
technology to support Aero Connectivity and Global Resource Management
markets though a broad range of cutting-edge satellite and terrestrial
network products; helping businesses, assets and people stay connected
and promoting universal mobility, visibility and intelligence. EMS
(NASDAQ: ELMG) serves customers through operations in 12 countries.
www.ems-t.com
EMS Global Resource Management offers a broad range of in-transit
visibility solutions including satellite-tracking, wide-area radios and
rugged computers. The unit’s proven satellite-based solutions and
wireless terminal and data collection networks provide real-time
visibility and actionable management data for supply chain inventory,
personnel, cargo, and other mission-critical assets, regardless of
whether the assets are fixed or mobile and in any demanding environment.
www.emsglobaltracking.com
About MVS Group
MVS Group, a leader in mobile satellite communications, a founding
Inmarsat distribution Partner is paving the way in mobile to ground
communications. As the third largest Inmarsat partner in the world, MVS
offers a wide array of products and solutions for its customers in the
entire Russian geography and around the globe on air, land and sea.
www.mvsgt.ru
Additional Information and Where to Find It
In connection with the proxy contest initiated by MMI Investments, L.P.,
EMS Technologies, Inc. (the “Company”) has filed a preliminary Proxy
Statement for the 2011 Annual Meeting of Shareholders with the
Securities and Exchange Commission (the “SEC”). Shareholders are urged
to read the Proxy Statement, as well as other documents filed with the
SEC, because they will contain important information. The definitive
Proxy Statement will be mailed to shareholders of the Company.
Shareholders may obtain free copies of these documents (when they are
available) and other documents filed with the SEC at the Company’s
website (www.ems-t.com)
under the heading “Investor Relations”, at the SEC’s website (www.sec.gov),
or by contacting the Company at (770) 729-6512. Shareholders should read
carefully the definitive proxy statement and WHITE proxy card when they
become available before making any voting decision.
Information Regarding Participants
The Company, its directors and certain of its officers and employees are
participants in a solicitation of proxies in connection with the
Company’s 2011 Annual Meeting of Shareholders. Information with respect
to the identity of these participants in the solicitation and a
description of their direct or indirect interest in the Company, by
security holdings or otherwise, is contained in the preliminary Proxy
Statement filed by the Company with the SEC on March 10, 2011.
Shareholders may obtain free copies of this information at the Company’s
website (www.ems-t.com)
under the heading “Investor Relations,” the SEC’s website at (www.sec.gov),
or by contacting the Company at (770) 729-6512 or 660 Engineering Drive,
Norcross, Georgia 30092, Attention: Secretary. As of the date hereof,
the Company’s directors, officer and employees who are participants
collectively own an aggregate of: (1) 564,488 shares of common stock of
the Company, including options that are currently exercisable or will be
exercisable within 60 days, and (2) 61,193 nonvoting phantom-share units.
Forward-Looking Statements
Statements contained in this press release regarding the Company’s
expectations for its financial results for 2011 and the potential for
various businesses and products are forward-looking statements. Actual
results could differ materially from those statements as a result of a
wide variety of factors. Such factors include, but are not limited to
economic conditions in the U.S. and abroad and their effect on capital
spending in our principal markets; difficulty predicting the timing of
receipt of major customer orders, and the effect of customer timing
decisions on our results; our successful completion of technological
development programs and the effects of technology that may be developed
by, and patent rights that may be held or obtained by, competitors; U.S.
defense budget pressures on near-term spending priorities; uncertainties
inherent in the process of converting contract awards into firm
contractual orders in the future; volatility of foreign currency
exchange rates relative to the U.S. dollar and their effect on
purchasing power by international customers, and on the cost structure
of the our operations outside the U.S., as well as the potential for
realizing foreign exchange gains and losses associated with assets and
liabilities denominated in foreign currencies; successful resolution of
technical problems, proposed scope changes, or proposed funding changes
that may be encountered on contracts; changes in our consolidated
effective income tax rate caused by the extent to which actual taxable
earnings in the U.S., Canada and other taxing jurisdictions may vary
from expected taxable earnings, changes in tax laws, and the extent to
which deferred tax assets are considered realizable; successful
transition of products from development stages to an efficient
manufacturing environment; changes in the rates at which our products
are returned for repair or replacement under warranty; customer response
to new products and services, and general conditions in our target
markets (such as logistics and space-based communications) and whether
these responses and conditions develop according to our expectations;
the increased potential for asset impairment charges as unfavorable
economic or financial market conditions or other developments might
affect the estimated fair value of one or more of our business units;
the success of certain of our customers in marketing our line of
high-speed commercial airline communications products as a complementary
offering with their own lines of avionics products; the availability of
financing for various mobile and high-speed data communications systems;
risk that unsettled conditions in the credit markets may make it more
difficult for some customers to obtain financing and adversely affect
their ability to pay, which in turn could have an adverse impact on our
business, operating results and financial condition; development of
successful working relationships with local business and government
personnel in connection with distribution and manufacture of products in
foreign countries; the demand growth for various mobile and high-speed
data communications services; our ability to attract and retain
qualified senior management and other personnel, particularly those with
key technical skills; our ability to effectively integrate our acquired
businesses, products or technologies into our existing businesses and
products, and the risk that any such acquired businesses, products or
technologies do not perform as expected, are subject to undisclosed or
unanticipated liabilities, or are otherwise dilutive to our earnings;
the potential effects, on cash and results of discontinued operations,
of final resolution of potential liabilities under warranties and
representations that we made, and obligations assumed by purchasers, in
connection with our dispositions of discontinued operations; the
availability, capabilities and performance of suppliers of basic
materials, electronic components and sophisticated subsystems on which
we must rely in order to perform according to contract requirements, or
to introduce new products on the desired schedule; uncertainties
associated with U.S. export controls and the export license process,
which restrict our ability to hold technical discussions with customers,
suppliers and internal engineering resources and can reduce our ability
to obtain sales from customers outside the U.S. or to perform contracts
with the desired level of efficiency or profitability; our ability to
maintain compliance with the requirements of the Federal Aviation
Administration and the Federal Communications Commission, and with other
government regulations affecting our products and their production,
service and functioning; and costs associated with a recent announcement
by one of shareholders that it intends to nominate four directors to our
Board. Further information concerning relevant factors and risks are
identified under the caption “Risk Factors” in our Annual Report on Form
10-K for the year ended December 31, 2010.

Source(s) : EMS Technologies, Inc.