Intellian’s appointment to Korea’s prestigious ‘World Class 300’ list of the country’s most promising technology companies is a distinguished achievement and confirms its commanding lead in the mobile satellite communications terminal sector.
Intellian, the global leader in maritime satellite communication antenna systems is now a fully-fledged member of the exclusive “club” comprising a group of Korean corporates recognized as the best and brightest in creative innovation, outstanding development and future market potential.
Intellian expects to receive multi million dollars in R&D funding from the Korean Government over the next five years as a result of joining the World Class 300 group. This will underpin the company’s existing commitment to invest more than $100m in game-changing technology developments over the next five years. This, says President and CEO Mr. Eric Sung, will enable Intellian to leap-frog competitors and invest in new technologies and new products in both the maritime and aviation satellite antenna sectors.
Intellian already has a strong track record in R&D spending, maintaining a policy of investing just over 10% of top line revenue each year. Over its 12-year life, the company has invested close to $40m in R&D, a key differentiator which Mr. Sung believes has been essential in keeping the company ahead of the game in a sector which is undergoing exponential growth, and development on a daily basis.
“A maritime communications revolution is taking place and we are proud to be a pioneer in this process,” said Mr. Sung. “We are committed to a continuing R&D investment program to ensure that we are leaders in game-changing satcoms technology.”
“We are delighted to be selected as a member of the World Class 300. This clearly validates all of our hard work and success so far, our financial strength, market position, and growth potential,” Mr. Sung continued. “The endorsement from the Korean Government, following analysis of thousands of other companies, technologies and markets, is a major achievement.”
“Our leadership in the segments in which we currently engage is well-established and our market share continues to grow. Our service-providing partners and the tens of thousands of end-users likely to become connected over the next five years have already taken notice of this,” Mr. Sung declared.
About Intellian Technologies, Inc
Intellian is the global leader in maritime satellite communication antenna technology. This well established company has an international reputation for bringing patented innovation to the VSAT and TVRO market. One of the fastest expanding companies in the industry, Intellian exports its products to 6 continents and over 45 countries with over 400 contracted dealers and a worldwide support network. It is currently undergoing a substantial expansion of its manufacturing and R&D facilities in Korea.
The company's extensive technical capabilities cover TVRO, VSAT with the latest Global XpressTM capabilities and in house development and manufacture of FleetBroadband systems. The company provides a 3 year warranty on all VSAT antennas which is unique in the maritime industry. With expertise in recreational boats and ocean vessels in the commercial, oil & gas markets, and the military, Intellian antenna technology reaches a wide market sector. Headquartered in Seoul, Intellian also has a Maritime Technical Centre in Busan, South Korea as well as offices, warehouse and engineering centers located at major shipping destinations around the world, all with the staff and resources to support the company's global customer base.
Source : Intellian website (http://www.intelliantech.com/News/pressrelease/view/219)
