|
Germantown, Maryland
December 18, 2001
Hughes Network Systems (HNS), the world's largest provider
of broadband satellite network solutions, and Chicago-based
AgriStar Global Networks, Ltd.
announced today an agreement to
provide DIRECWAY(R) two-way, high-speed satellite communications
services to the U.S. agricultural industry.
Under the terms of the contract, HNS will utilize its nationwide
DIRECWAY service and
deliver AgriStar a comprehensive broadband network solution,
including all satellite equipment and related provisioning,
operational and support capabilities. AgriStar will offer its
wide range of premium agricultural information and business
services to customers throughout the food and fiber chain,
including leading farm operators, input suppliers, processors,
food companies and other agri-businesses. DIRECWAY will enable
AgriStar to deliver information such as real-time and delayed
multicast audio and video streaming at multi-megabits per second
to its customers anywhere in the country. Plans also are
underway to develop similar AgriStar networks in other
countries.
"The need to facilitate rapidly increasing flows of information
in global agriculture has greatly increased as farms have grown
in size and complexity," said Cliff Ganschow, chairman of
AgriStar Global Networks. "Having Hughes as a long-term partner
in developing our AgriStar network will enable us to deliver
world-class business services that will be unsurpassed in both
content
and technology."
While urban businesses have benefited from broadband delivery,
top farmers and other rural businesses have been restricted to
poor quality, low-speed dial-up telephone connections. "AgriStar
will bridge the digital divide between the country's leading
farm operators and their primary trade partners with connection
speeds of 10-20 times faster than the existing dial-up
connections in most of these rural areas," Ganschow said.
"Hughes is excited to team with AgriStar in this important
vertical market," said Ned Kazor, senior director of Channel
Sales for HNS. "The food and fiber system is a large and growing
industry, and because it is so fragmented and dispersed,
AgriStar will dramatically improve how information and business
services are delivered throughout rural areas."
"As the agricultural industry continues to move toward a more
vertically coordinated production and distribution system, the
data needs of its major segments are growing exponentially,"
said Ganschow.
"From value-enhanced commodities to biotechnology to food
security, there is a critical need today for the industry to be
able to track food production and distribution to the end
consumer. AgriStar will provide an ideal communications platform
on which to build the systems that will allow these requirements
to be met."
About DIRECWAY
DIRECWAY is the world's leading broadband by satellite
service for consumer, small business and enterprise markets.
Consumers anywhere in the continental U.S. can get DIRECWAY
high-speed Internet service from major providers including
EarthLink, AOL, Pegasus, NRTC and DIRECTV. Enterprises have
access to a wide variety of value-added solutions, all on a
single platform and all backed by comprehensive support from
HNS, to give companies the edge they need in today's market. To
learn more about DIRECWAY, please visit
www.direcway.com.
About Hughes Network Systems
Hughes Network Systems, a unit of Hughes Electronics
Corporation, is the world's largest provider of broadband
satellite network solutions for businesses and consumers, with
approximately 500,000 systems installed in more than 85
countries. HNS pioneered the development of high-speed satellite
Internet access services, which it markets globally under the
DirecPC(R) and
DIRECWAY(R) brands. It recently earned the Frost & Sullivan
Market Engineering Leadership Award for the second consecutive
year and the 2001 CES "Best of Show" Award for
workstyle/internet categories. HNS is also a leading
manufacturer of DIRECTV(R) satellite television receivers,
having shipped over 7 million to date.
Headquartered in Germantown, Maryland, USA, HNS maintains sales
and support offices worldwide. The earnings of HUGHES, a unit of
General Motors Corporation, are used to calculate the earnings
per share attributable to the General Motors Class H common
stock (NYSE: GMH). To learn more about HNS and DIRECWAY, please
visit our websites: www.hns.com
or
www.direcway.com.
About AgriStar Global Networks
AgriStar Global Networks, Ltd. is a new satellite-based
communications company established to bridge the large
connectivity gap between the world's leading farm operations and
their primary trade partners in the $4 trillion global food and
fiber chain. The Company's objective is to become the primary
agricultural electronic information and commerce provider by
integrating the world's
leading commercial farms, agribusinesses and food companies into
a single two-way, high-speed proprietary satellite network
system. AgriStar's initial strategic partners include Rural
Press, Ltd. of Australia, the world's largest agricultural
communications company, London-based Merial Limited, the global
leader in animal health, and Chicago-based Global Land, Ltd., an
agricultural
investment and development firm.
AgriStar has a 50-year history through related forerunner
entities of developing some of the agricultural industry's
pioneering communications and business advisory programs. These
have included the Top Farmers of America Association in the
1960's, the first organization to provide business services for
leading farm operations; Farm Futures in the 1970's, the
industry's first risk
management publication; AgriData Resources in the 1980's, the
first national computer network linking top farms; and American
Land Resources in the 1990's, the first investment banking
entity to utilize national farmland databases to assemble
investment-grade agricultural land funds. Headquartered in
Chicago, Illinois, AgriStar also maintains an operations center
in St. Paul, Minnesota. To learn more about AgriStar, please
visit www.agristar.com .
HUGHES and DIRECWAY are
trademarks of Hughes Electronics Corporation. Other trademarks
are the property of their respective owners.
Company news release
N4056
|