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4C
Controls, Inc. (OTCBB: FOUR)
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Dear Reader,
4C Controls, Inc. (OTCBB:FOUR) announced the signing of a major
“Strategic Alliance and Distribution Agreement” with e-GEOS,
the recently formed joint-venture between Telespazio s.p.a (a Finmeccanica
(FNC IM)/Thales(HO FP) and the Italian Space Agency (ASI). The distribution
agreement grants exclusive satellite image distribution rights to 4C
Controls with respect to the countries in the Middle East and North
Africa (MENA) and South East Asia. The distribution agreement also provides
4C with the right to distribute Cosmo-SkyMed products on a non-exclusive
basis in substantially all other African countries. 4C Controls estimates
the distribution agreement to generate revenues over US$230 million (180
million Euros).
4C Controls, Inc. performed well after our initial profile in August 2008. Since that time, its share price rose well over 100% - then fell
with the turbulent market late in 2008 but is quickly regaining its lost
ground during one of the worst economic periods in modern history. Investor's
must be wondering how it would perform in less turbulent waters given its
resiliency.
We urge you to take a look at the chart below and to take a moment to
review our recent 4C Controls Profile.
See Recent *NEWS*
>From 4C Controls, Inc. (Below)
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Breaking *NEWS*
from 4C Controls, Inc. |
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Press Release Source:
4C Controls Inc.
Tuesday January
27, 2009, 4:08 pm EST
4C Controls Inc. Announces Strategic
Alliance and Exclusive Distribution Agreement of Cosmo-Skymed Images with
e-GEOS (Joint Venture of Telespazio, a Finmeccanica/Thales Company and
Italian Space Agency)
Contract Expected to Generate Revenues
Exceeding $230 Million
NEW YORK--(BUSINESS
WIRE)--4C Controls Inc. (OTCBB: FOUR.OB - News) today announced the
signing of a major “Strategic Alliance and Distribution Agreement” with
e-GEOS, the recently formed joint-venture between Telespazio s.p.a (a Finmeccanica
(FNC IM)/Thales(HO FP) and the Italian Space Agency (ASI). The distribution
agreement grants exclusive satellite image distribution rights to 4C Controls
with respect to the countries in the Middle East and North Africa (MENA)
and South East Asia. The distribution agreement also provides 4C with the
right to distribute Cosmo-SkyMed products on a non-exclusive basis in substantially
all other African countries. 4C Controls estimates the distribution agreement
to generate revenues over US$230 million (180 million Euros).
The exclusive distribution
rights will include worldwide sales of substantially all satellite images
taken over the exclusive territory countries as well as substantially all
worldwide e-GEOS satellite images and products which are sold within the
exclusive territory countries. The distribution agreement contains preferred
partner provisions to facilitate mutually beneficial joint ventures and
operations with e-GEOS during the foreseeable future. 4C Controls and e-GEOS
signed the ten year distribution agreement in Rome, Italy.
e-GEOS was formed to
market the data and products of the Cosmo-SkyMed Earth observation programme,
one of the most innovative programmes in the Earth observation field. The
first three Cosmo-SkyMed satellites are in orbit and the fourth is expected
to be launched in 2010.
4C Controls will implement
the distribution agreement through 4C Satellite Images & Technologies
S.A. (“4C SatImage”), a wholly owned subsidiary of 4C Controls Inc., serving
as the global first mover platform for commercialization of very high resolution
SAR (Synthetic Aperture Radar) earth observation products and services.
The 4C SatImage commercial SAR satellite images processing and distribution
programme through the planned network of direct receiving ground stations
opens up a new era in the security and surveillance industry, particularly
in the field of near-real-time monitoring, with comprehensive data acquisition
capabilities (during the day, at night and in all weather conditions),
and high frequency low earth orbit revisit cycle (every three to six hours).
Technical support will be provided by 4C Polito Space s.p.a., the joint
venture of 4C Controls Inc. and Politecnico di Torino, a technology institute
leader in Europe in the field of technical-scientific engineering research.
Under the distribution agreement, e-GEOS will provide 4C Controls with
expert technical and commercial management personnel to support the direct-receiving
satellite ground station setup and operation.
“This distribution agreement
signals the birth of the commercialization of high resolution SAR images
and is a major milestone in the execution of our business strategy to establish
a global first mover leading position in the commercial distribution of
high resolution satellite SAR and optical images,” said Jean-Robert Martin,
Chairman of 4C Controls, adding. “By reference to my 46 years of experience
in the defense and aerospace industry, I believe that SAR satellites present
one of the most revolutionary developments in the commercial sector global
security and surveillance industry. The satellite data market is a fast
growing one and in addition to security applications, satellite data are
becoming a major source of geo-spatial information for the management of
natural resources, territorial planning, emergency prevention and management.”
The term of the distribution
agreement will be ten years. 4C Controls will acquire a satellite direct
receiving ground station (DRS) under the distribution agreement which will
be installed in one of the Gulf Cooperation Counsel (GCC) countries. The
DRS is scheduled to be operational during the fourth quarter of 2009. Images
from Cosmo-SkyMed will be received during the interim period via the e-GEOS
ground station in Italy.
The GCC direct receiving
ground station is planned to be a major satellite and space technology
hub in the MENA region, Africa and South East Asia. The plans include an
advanced training and educational center which will be dedicated to improving
SAR images processing skills for clients in these regions.
4C Controls also announced
that it is in advanced negotiations with strategic partners and investors
for the development of its Gulf Satellite Project dedicated to launching
two high resolution SAR satellites (GulfSAR 1 and GulfSAR 2) expected to
be positioned in a low inclination orbit.
Read the entire news
release HERE
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About 4C Controls |
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4C Controls Inc., "4C""FOUR" is an early stage company offering
high technology integrated security solutions providing real-time early
warning and reduction of time scales from threat-detection to termination
in the field. 4C's primary focus is on cutting-edge technologies and large
distribution networks including high resolution synthetic aperture radar
satellites (SAR) and satellite images; ground high performance radars for
intrusion detection and electronic surveillance access control markets
such as biometric, radio frequency identification (RFID), real time locating
systems (RTLS) and closed-circuit television (CCTV).
4C Controls is positioning itself as a leading international
security and surveillance group serving security markets worldwide. 4C's
aim is to achieve global superiority through cutting-edge technology and
industrial development, offering diverse and integrated security and surveillance
solutions.
View a Full Profile on 4C Controls HERE
aa
Ground
High Performance Radars for Intrusion Detection
4C perimeter intrusion detection radars
– GUIDAR and RADAR –
are designed to detect moving targets.
Electronic
Surveillance/Access Control Products
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Financial Highlights For 4C Controls |
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OTCBB: FOUR
Recent Trade: $1.56
52wk Range: 0.75 - 10.69
Avg Vol (3m): 11,519
Market Cap: 68.92M
Sector: Protection Services
To view all of 4C's filings at the
SEC: Click
Here
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Company Contacts |
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4C Controls Inc.
1230 Avenue of the Americas,
7th Floor
New York, NY 10020
Phone: 917-639-4305
Web Site: http://www.4CControls.com
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