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Satellite Technology Management Inc

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BUSINESS
February 25, 1992 | From Times Staff and Wire Reports
South American Pacts: Satellite Technology Management Inc. in Costa Mesa, a supplier of satellite communications networks, said it has signed distribution agreements with companies in seven South American countries. The company will market its networks, which provide communication among geographically dispersed offices via satellite, in Argentina, Brazil, Chile, Colombia, Ecuador, Peru and Venezuela.
BUSINESS
January 18, 1995
Satellite Technology Management Inc. said Tuesday that it received a contract to provide a telecommunications network for the Compania Peruana de Telefonos, the national phone company of Peru. The Irvine-based company did not reveal the terms of the contract. The network will give Peruvian customers in remote locations phone and fax capabilities.
BUSINESS
November 2, 1991
Private Satellite Networks: Satellite Technology Management Inc. of Costa Mesa said Friday that it has received orders worth $6 million to build three private satellite networks in Italy. Such networks allow a company to use a satellite for voice, data and video communications between distant offices.
BUSINESS
October 19, 1993
Satellite Technology Management Inc. said Monday it won a $1-million contract for a satellite communications system to be installed in Thailand. The system will move data from remote stations in Thailand to a central computer in Bangkok. The Costa Mesa company said it has recently had increased sales to Asian countries.
BUSINESS
January 14, 1995 | Times Staff and Wire Reports
Satellite Technology Management Inc.: The firm said this week it has received a $1.6-million contract from National Radio & Electronics Co. Ltd. of Bombay, India, for a satellite communications network. National Radio & Electronics is a unit of the Tata Group, India's largest conglomerate with annual sales of about $6 billion.
BUSINESS
December 6, 1994
Satellite Technology Management said Monday it has sold a $1.3-million satellite communications system to Nestle in Mexico. Mike Lindsay, Satellite Technology's chief operating officer, said the sale was the largest of a new satellite system, the DAMA 10000, that the company began marketing in the last quarter. The satellite network will link the phone service of Nestle's headquarters in Mexico City to all of the company's operations across the country.
BUSINESS
July 7, 1994 | DEAN TAKAHASHI, TIMES STAFF WRITER
A Malaysian conglomerate said Wednesday it will buy a stake in Satellite Technology Management Inc. for $6.9 million. Berjaya Group Berhad said it will purchase 693,188 shares of the Costa Mesa company's stock for $10 apiece. The deal will boost Berjaya's stake in the maker of satellite communications networks to 20%. The two companies plan to form a joint venture, Berjaya-STM Telecom Ltd.
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