Square Upgrades to iDirect Platform, Offers Next-Generation IP Broadband Service To Enterprise Customers

Leading Bangladeshi service provider will leverage iDirect’s platform to expand service to additional customers, support new business-critical applications

Herndon, Va., June 16, 2009 – VT iDirect, Inc. (iDirect), a company of VT Systems Inc (VT Systems) today announced that SQUARE InformatiX Ltd, the largest satellite service provider in Bangladesh, has purchased an iDirect Series 15000 Universal Satellite Hub to upgrade its existing satellite broadband service. The next-generation iDirect Evolution network will enable the company to support Bangladesh’s growing enterprise market with advanced applications for banks and other corporate customers. iDirect is a world leader in satellite-based IP communications technology.

Based on the DVB-S2 standard with Adaptive Coding and Modulation (ACM), the iDirect platform will replace SQUARE’s existing satellite system to maximize bandwidth capacity with next-generation performance. With an Evolution network in place, SQUARE plans to migrate its existing customer base of financial institutions and other organizations to an enhanced iDirect network that will deliver data throughput improvements of up to 60 percent over existing services.

SQUARE will leverage the extra satellite capacity to expand its service and support new business applications to meet the growing demand for broadband connectivity across the Bangladeshi enterprise market. These applications include online banking, ATM, Point-of-Sale and e-Commerce. Additionally, with bandwidth savings from iDirect’s platform, SQUARE plans to support an emerging telemedicine service that will deliver remote access to medical consultation in rural areas where quality healthcare service has not yet reached.

“The bandwidth efficiency gains we’re able to attain by upgrading to iDirect’s Evolution platform allow us to stretch existing satellite capacity further to serve additional enterprise customers. The move to a next-generation Evolution network is a key part of our long-term growth strategy as the diverse market for satellite broadband in Bangladesh continues to increase.”

General Manager, SQUARE InformatiX Ltd.

“Satellite IP communications has reached a critical break-out point in developing nations like Bangladesh, providing primary communications infrastructure and supporting core enterprise applications that enable business growth. The efficiency gains of the Evolution DVB-S2 product line allow SQUARE to amplify the overall value it can deliver to its customers through next-generation services, while enabling it to pursue a broader market opportunity. ”

Senior Vice President of Global Sales, iDirect

iDirect’s Evolution product line supports a wide range of carrier IP data rates, FEC codes and modulation types, including up to 16APSK on outbound and up to 8PSK on the inbound. Evolution includes the advanced features of the iDirect Intelligent Platform™, to help operators amplify the gains of DVB-S2, enabling satellite networks to meet demanding service level agreements and reach data speeds of up to 156 Megabits per second.

SQUARE InformatiX Ltd., a pioneer provider of data communication service, has made the biggest ICT investment first of its kind in the country by setting up a satellite earth station in Bangladesh. By virtue of this achievement, Bangladesh enters into a new era in communication services. Now we are capable of providing cost effective multi location business connectivity and also internet connection anywhere in the country by our own VSAT.

iDirect, a subsidiary of VT Systems, is transforming the way the world gets and stays connected. The company’s satellite-based IP communications technology enables constant connectivity for voice, video and data applications in diverse and challenging environments. These include extending private networks to remote offices; supporting mobile connectivity across land, sea and air; providing rural telephony and Internet broadband; and maintaining communications in the wake of disasters and network failures. The iDirect Intelligent Platform™ integrates advanced technology into iDirect’s portfolio of hubs, routers and network management software to address the growing complexity of deploying and managing global IP networks. With more than 13 years of global satellite communications experience, iDirect serves customers in 50 countries through a diverse network of channel partners, including some of the largest satellite providers, operators and carriers in the world and seven of the World Teleport Association’s Global Top Ten. Headquartered in Herndon, Virginia, iDirect has offices in Europe, Asia, Middle East, Africa and Latin America. Please visit www.idirect.net.  

VT Systems and its subsidiaries are preferred providers of engineering solutions, products, integrated systems, and services in the Americas across the core business areas of marine, aerospace, electronics and land systems. Headquartered in Alexandria, Virginia, VT Systems operates around the globe and offers a broad range of proven innovative services to both the commercial and government sectors. VT Systems is a wholly owned subsidiary of Singapore Technologies Engineering Ltd. Please visit www.vt-systems.com.

Media Contacts:

Julie Gouldin
Vice President, Corporate Marketing
Phone: 703-648-8155
Fax: 703-648-8015
Email: jgouldin@idirect.net  

Sarah Thuman
Manager, Corporate Communications
VT Systems
Phone: 703-739-2610
Fax: 703-739-2611
Email: sthuman@vt-systems.com  

Ahmed U Bhuyian
General Manager
Square InformatiX Ltd
Phone: 88 02 8859007
Fax: 88 02 8828768
Email: ahmed@squaregroup.com