Siminn, Iceland's Primary Telecom Operator, Chooses STM's SatLink DVB-RCS for Maritime Deployment.

Service Targeting Icelandic Coast Guard and Fishing Fleet with VSAT Services

IRVINE, Calif. -- STM Group announced today that through its Norwegian subsidiary, STM Norway AS, it has entered into an agreement with Siminn, Iceland's largest telecom provider, for delivery of VSAT Services to the Icelandic coast guard and fishing fleet. Under the terms of the agreement, STM delivered and installed a DVB-RCS hub at Skyggnir Earth Station outside Reykjavik. STM is also delivering DVB-RCS Maritime terminals to the fishing fleet, using transponder capacity on Intelsat.

Saevar Freyr Thrainsson, Vice President Corporate Market for Siminn, said, "We have chosen STM because of their commitment to DVB-RCS technology, with emphasis on new services tailored for the maritime market."

Bjorn Platou, General Manager of STM Norway, said, "Siminn has a heritage of bringing quality broadband services to the whole Icelandic population, which is now extended to the coast guard and its fishermen at sea. We are proud of Siminn's selection, which underscores our commitment to the maritime market."

About Siminn:

Siminn provides all telecommunication, mobile and Internet services to private and corporate clients in Iceland. Its range of services and solutions includes fixed and mobile subscriptions, as well as Broadband/DSL solutions, Live IPTV and Centrex network solutions. Siminn affects all Icelanders on a daily basis and is considered one of the country's most trustworthy companies, as well as a widely recognized brand.

About STM Group:

STM Group (www.stmi.com) is a holding company with R&D and support facilities in Norway. The group's companies provide high-performance, standards-based satellite network systems and services for mobile and fixed-line IP-based telephony, data and multimedia applications for enterprises, governments, telecommunications providers and system integrators. With its SatLink product line, the Company is a leader in research, development and manufacturing of MF-TDMA, bandwidth-on-demand solutions with certified compliance to the DVB-RCS international standard. STM's services include custom network design, turnkey deployments, operations management and local support. STM Group operates with wholly-owned subsidiaries in Europe, the Middle East, South America and Asia, including 12 regional offices, 6 teleports and global network operations for worldwide 24-by-7 customer support.