ComStream establishes first satellite communications service center in China.SAN DIEGO--(BUSINESS WIRE)--Nov. 28, 1994--To serve existing customers and secure future business in China, ComStream has established the first service center for satellite communications products in China. The China Radio and TV Corporation for International Techno-Economic Cooperation (CRTV CRTV Cameroon Radio Television CRTV Cathode Ray Television ), an electronics import/export company owned by the China Ministry of Radio, Film and Television, is ComStream's partner in the new venture. The 600-square-meter facility in Beijing is a center for telephone support, training, repair and warehousing of ComStream equipment. Daniel Drouin, ComStream's technical manager for China, is in charge of the center, which represents an $800,000 investment by ComStream. "This shows our commitment to our customers and telecommunication providers in China," said Drouin. "No other satellite equipment manufacturer or integrator has such a facility here." Included in the service center is an "in-bond" warehouse that allows ComStream products to be shipped directly in and out of the center, resulting in faster service for customers. Customs paperwork will be cleared in-house under the supervision of CRTV. A staff of 17 is planned for the center, including six field engineers and four repair technicians, all of whom will be hired locally. ComStream, a major international provider of satellite-based communication systems and networks for voice, data, imaging and video applications, with offices in Canada, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Mexico, Indonesia, China, Bangkok and the United Kingdom, is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Spar Aerospace SPAR Aerospace, a Canadian aerospace company, led the development of the Canadarm for the NASA Space shuttle program. There, employees worked on projects ranging from flying saucers to dinosaurs. Limited. Spar is Canada's premier space company and is a leader in the space-based communications, informatics, and aviation and defense industries. Spar employs nearly 3,000 people at locations worldwide and is listed on the Toronto and Montreal stock exchanges Montreal Stock Exchange See Bourse de Montreal, Inc. (Canadian Derivatives Exchange) . CONTACT: ComStream, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. Bruce Rowe, 619/458-1800 |
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