Monday, November 1, 2004

RaySat Unveils Two Inch In-Motion Satellite Antenna

RaySat, a supplier of antennas and communications solutions based in McLean, Virginia, introduced an ultra low profile antenna to receive live satellite television in moving vehicles. The two-inch high antenna, which will be available commercially in 2005, can receive both DirecTV and DISH satellite signals. It will be offered in two versions: the StealthRay, an "in-roof" antenna that will be built into vehicles by car and RV manufacturers, and the StingRay LP (low profile), an "on-roof" antenna to be offered through aftermarket channels.



Separately, RaySat, which announced $10 million first round investment financing in June, named Samer Salameh as president and CEO, and Yoel Gat as chairman. Salameh previously served as president and CEO of Telmex North American Ventures. He also served as chairman and CEO of Prodigy Communications . Yoel Gat previously was chairman and CEO of Gilat Satellite Networks.



In addition, RaySat named Dan DiFonzo, formerly assistant director of Comsat Labs, as chief technical officer; and former Ernst and Young partner, Liav Even-Chen, as chief financial officer. http://www.raysat.com