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COPYRIGHT 2006 PR Newswire Association LLC
Sodielec Contract to Yield Technology for Italy and Western Europe Deployment
SILVER SPRING, Md., June 30 /PRNewswire-FirstCall/ -- WORLDSPACE(R) Satellite Radio , one of the world leaders in satellite-based digital radio services, today announced it has signed an agreement with Sodielec, a French company specializing in transmission solutions, to develop terrestrial repeater prototypes that will enable WORLDSPACE to expand its satellite radio and data services to automobiles across Western Europe, beginning in Italy.
Sodielec was selected through an RFP process that included corporations from around the world. The contract is valued at 800,000 Euros and includes prototype design and development as well as guaranteed pricing for subsequent large-scale production of at least one model. WORLDSPACE expects to evaluate the Sodielec prototypes in Q4 2006 with production and deployment slated for 2007,...
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