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SpeedCast Extends Satellite Broadband Network Across Asia

SpeedCast Broadband is offering 4 service plans based on usage and consumption: Galaxy, Galaxy+, Infinity and Pre-Paid services. Each service offering includes a high speed Internet connection up to 1.5 Mbps via satellite, and access to SpeedCast Multimedia's world class video content including Bloomberg TV, Fashion TV, ChannelNewsAsia, Channel J and much more branded content.

Hong Kong - Oct. 5, 2001
SpeedCast Ltd., a leading satellite broadband enabler based in Hong Kong, today announced several new partnerships with broadband partners, further extending the reach of its SpeedCast Broadband service offering.

In addition to SpeedCast's existing network of partners across Asia and the Middle East, SpeedCast has recently formed strategic alliances with the following partners throughout the region: the Communications Authority of Thailand (CAT), Abdullah Al Fouad Company from the Kingdom of Saudi Arabia, Agni Ltd. of Bangladesh, the Almoayed Telecom / AmNet from Bahrain, Cynex from India, Commsat.net of Indonesia, DotCom of Bangladesh, E-Biz Maldives from the Maldives, Globe Net from Laos, Mega Internet Services from India, Pan Asian from Hong Kong, Pasifik Satelit Nusantara from Indonesia, Newcastle Direct from Australia and Telecom Mongolia from Mongolia.

SpeedCast provides these partners with a range of high-speed Internet access services via satellite. SpeedCast Broadband uses the AsiaSat 3S satellite strategically located at 105.5 degree East. The footprint covers the entire Asia-Pacific region, an area extending from Russia in the north, down to New Zealand in the south, east to Japan and as far west as Egypt, covering more than two-thirds of the world's population.

C-band transmission is chosen to provide the most reliable form of satellite transmission that ensures the best possible reception for end customers.

"Currently, there is a rapidly growing demand for high speed Internet access throughout Asia and the Middle East," remarked Thomas Choi, CEO SpeedCast "In areas where teledensity is comparatively low, satellite enabled broadband access provides the only viable solution for end users. We are proud to work with such premier partners to deliver broadband Internet access to subscribers throughout the region."

SpeedCast Broadband is offering 4 service plans based on usage and consumption: Galaxy, Galaxy+, Infinity and Pre-Paid services. Each service offering includes a high speed Internet connection up to 1.5 Mbps via satellite, and access to SpeedCast Multimedia's world class video content including Bloomberg TV, Fashion TV, ChannelNewsAsia, Channel J and much more branded content.

Founded in September 1999, the shareholders of SpeedCast Limited include Tech System Limited, Asia Satellite Telecommunications Company Limited (AsiaSat), Telecom Venture Group and Yahoo! Inc. Based in Hong Kong, SpeedCast, is focused on becoming the leading broadband Internet and multimedia service provider with various satellite-enabled broadband services.

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