UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month October 15, 2015
Commission File Number 000-126000
Norsat International Inc.
(Translation of registrant’s name into English)
Suite 110 – 4020 Viking Way, Richmond, BC, Canada, V6V 2L4
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Norsat International Inc. | ||
(Registrant) | ||
Date: October 15, 2015 | By: | Signed “Arthur Chin” |
Name: | Arthur Chin | |
Title: | Chief Financial Officer |
SEC 1815 (04-09) | Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
Exhibit 99.1
For Immediate Release
NORSAT AWARDED $2.7 MILLION ORDER FROM MAJOR U.S. MILITARY CONTRACTOR
Norsat’s MarineLink COM series VSATS to help provide high throughput sea-borne communications
Vancouver, British Columbia – October 15, 2015 – Norsat International Inc. (“Norsat”) (TSX: NII and NYSE MKT: NSAT), a leading provider of innovative communication solutions that enable the transmission of data, audio and video for remote and challenging applications, today announced that it was awarded a $2.7million contract from a major U.S. military contractor for its Ku-Band and Wideband Global SATCOM (WGS)-certified X-Band marine VSAT terminals.
Dr. Amiee Chan, president and chief executive officer of Norsat, commented, “We are very pleased to have been selected to provide our newest generation of Maritime VSAT terminals for a major U.S. military contractor. The reliability of our products in remote and challenging environments, such as maritime operations, continues to be a significant market opportunity for Norsat. This contract complements our expanding backlog of satellite orders and improves upon our long-term visibility. This, and other recently awarded contracts, reveals that our continuous investment in R&D has yielded innovations that enable our off-the-shelf terminals to be easily customized for both military and commercial markets worldwide. We believe there are additional opportunities that lie ahead for us in this market.”
Under the agreement, Norsat will supply its MarineLink COM12 1.2m and MarineLink COM15X 1.5m dual antenna maritime VSAT terminals to support sea-borne communications. Norsat’s newest generation of MarineLink COM terminals provide the most reliable high throughput satellite communications available in the market today for maritime vessels, including naval ships. Additionally, Norsat’s proprietary Low Noise Block downconverters (LNB) and class-leading efficient ATOM Block Upconverters (BUC) will be integrated into the MarineLink terminals.
Both the COM12 and COM15X include Norsat’s latest technical upgrades such as heavy-duty industrial grade motors, advanced high-speed acceleration and braking, high gain and low-loss antenna and RF filter chain, and conformance to military standards for high impact shock, vibration, and Electromagnetic Compatibility (MIL-STD-901D, MIL-STD-167, MIL-STD-461 for EMC). In addition, the COM15X will be officially going through ARSTRAT’s WGS certification process. WGS certification gives the COM15X permission to operate on the high-capacity WGS satellite constellation controlled and operated by the U.S. government. Due to ARSTRAT’s WGS certification timing requirements, Norsat expects to begin delivery on the MarineLink terminals in Q4 2016.
About Norsat International Inc.
Founded in 1977, Norsat International Inc. is a leading provider of innovative communication solutions that enable the transmission of data, audio and video for remote and challenging applications. Norsat's products and services include leading-edge product design and development, production, distribution and infield support and service of fly-away satellite terminals, microwave components, antennas, Radio Frequency (RF) conditioning products, maritime based satellite terminals and remote network connectivity solutions. More information is available at www.norsat.com, via email at investor@norsat.com or by phone at 1-604-821-2800.
Forward Looking Statements
The discussion and analysis of this news release contains forward-looking statements concerning anticipated developments in Norsat’s operations in future periods, the adequacy of its financial resources and other events or conditions that may occur in the future. Forward-looking statements are frequently, but not always, identified by words such as “expects,” “anticipates,” “believes,” “intends,” “estimates,”, “predicts,” “potential,” “targeted,” “plans,” “possible” and similar expressions, or statements that events, conditions or results “will,” “may,” “could” or “should” occur or be achieved. These forward-looking statements include, without limitation, statements about Norsat’s market opportunities, strategies, competition, expected activities and expenditures as it pursues its business plan, the adequacy of available cash resources and other statements about future events or results. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, such as business and economic risks and uncertainties. The forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made. Consequently, all forward-looking statements made in this news release are qualified by this cautionary statement and there can be no assurance that actual results or anticipated developments will be realized. For the reasons set forth above, investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date of this news release and Norsat assumes no obligation to update or revise them to reflect new events or circumstances, other than as required by law.
###
For further information, contact:
Dr. Amiee Chan | Mr. Arthur Chin |
President & CEO | Chief Financial Officer |
Tel: 604 821-2800 | Tel: 604 821-2800 |
Email: achan@norsat.com | Email: achin@norsat.com |
Robert Blum, Adam Lowensteiner and Joe Diaz | |
Lytham Partners, LLC | |
Tel: 602-889-9700 (Phoenix) | |
Tel: 646-829-9700 (New York) | |
norsat@lythampartners.com |
"229)8/!WB2S/AG5-:A\B&Y+VNDZA=Z5/JY,7F6&EQW>K%3;V3[
M_^"37[3OA;XX_LF?#3PC'?VT'Q!^#GAW0/ACXK\.W5_;/J2V/AW2+>W\,^
M(+2& .TVCZUX=CLIK68JJQWMOJ>F^=.VFM QO);U+.XEDTR"&[M;B RZK_ &>A93)"T\,4D@]>\?\ [1_P1^%?A+0_
M'/Q&^+?PX\'>%/%$%O>>&=?USQ/I]EI_B"SO[2&_L9O#Y\^5O$$,UG/%<"YT
MDSQO:RP7R)Y$\2G^93X!?L_?!W6?^"-'[0_Q1N_ ?AO4/B1::WXEN].\=WFB
MV \7>'3X)UGP3IVBVVAZ[>RW5_IT&DV!O(HX=/O+*U?[7<0K;([(:9H'Q"\+
MZU\./^"8WPN'P#^$WQF^-MS\.] -/#_ /:%YK5];>';SPGX@TBP\.>$%TKQ!%HWBDWTT5R =?\
M&+]GGQ;X^^)&@?$7P;X_\">';[1_!6I>!+K2OB!\(1\6K2[T[4O$4.MR7-E]
MI\>>%K?2]0$5L-.%S=66K[+?[7&R20S"*+$M_P!F+QOX$T_2_#_P8^-9\#Z%
M>>"/!O@CQM'K_@"+QQJ^I'P?IM[I.G^+_!VKIXF\,V_@OQI/87<%O+>:CI'C
M31%72-%:/P\C6*>WO+&::TN8I%9)K:5X7!C8J?Y^O
MB[_P0ZU#2?B+J'Q0_8X^..I? S4[B6]N=,\,W]YKUA'X%M/FG.C\'LY