id\Zii]Zndjc\Zg\ZcZgVi^dc^ckdakZY^ci]Z (/-%u0'2/7.
hZV#I]Zi]dj\]iVcYXVgZi]VilZci^cid^i
lVh[gVc`anVbVo^c\#º
6jhigVa^VcWdViWj^aYZgG^k^ZgVlVhVahd )NTELLIANu0HASu0ESTABLISHEDu0ANu0ENVIABLEu0
^begZhhZY#I]ZXdbeVcn¼h@dgZVcYZVaZg! REPUTATIONu0INu0THEu0HIGHu0TECHu0WORLDu0OFu0SATCOMS
6^gigdc^XhBVg^cZ!gZedgiZYhigdc\^ciZgZhi
VcYbVcV\ZYidhZaa^ihY^heaVnWdVi!VcB)%%
Hedgi8gj^hZg#6XXdgY^c\id6aVcEViZghdc!
G^k^ZgV¼hBVcV\Zg9^hig^Wji^dc6h^V!i]Z
XjggZciaVX`d[bVg^cV^c[gVhigjXijgZlVh
Xdci^cj^c\idYVbeZci]Z@dgZVbVg`Zi# ii
Zg¹DcXZVbVg^cVcZildg`^hZhiVWa^h]ZY^c
Zg@dgZV!bdhia^`Zan^ci]Zhdji]!lZWZa^ZkZi]Z
9Z
`^
bVg`Zi]VhZmX^i^c\ediZci^Va!º]ZhV^Y#
B/dHi^bjaVi^c\YdbZhi^XYZbVcYl^aa
id
]dWk^djhanWZk^iVa^[i]ZXdjcign^hidYZkZadeV E
WVhZadVYid[ZZYi]ZhiVgi"jed[V@dgZVc =VcYh"dc8:D:g^XHVc\njWHjc\
WdVibVcj[VXijg^c\hZXidgi]Vil^aa[dgbi]Z
ldg`^c\]ZVgid[i]ZBVg^cZ>cYjhig^Va 3INCEu0ITSu0FORMATIONu0INu0u0)NTELLIANu0
8dbeaZm#6hdcZb^\]iZmeZXi!i]Zegdk^cXZ 4ECHNOLOGIESu0HASu0ESTABLISHEDu0ANu0ENVIABLEu0
^hi]^c`^c\W^\#I]ZiVg\Zi^hidXVeijgZ'%eZg REPUTATIONu0INu0THEu0HIGHLYu0COMPETITIVEu0WORLDu0OFu0
XZcid[\adWVaWdViWj^aY^c\djiejiWn'%'%# MARINEu0SATELLITEu046u0ANDu0COMMUNICATIONu0
<^kZc@dgZV¼hhjXXZhh^ciVg\Zi^c\i]Z ANTENNAu0SYSTEMSu0)Nu0u0THEu03EOUL
BASEDu0
h]^eWj^aY^c\!VjidbdW^aZVcYZaZXigdc^X MANUFACTURER u0THATu0EMPLOYSu0u0PEOPLE u0
bVg`ZihldgaYl^YZVcYXZcigVa\dkZgcbZci RECORDEDu0Au0TURNOVERu0OFu053Mu0ANDu0ITu0ISu0
hjeedgii]^h^hcd^YaZWdVhi#@dgZVVahd]VhV LOOKINGu0TOu0DOUBLEu0THATu0INu0 u0THOUGHu0THEu0
jc^fjZVcY^ciZgZhi^c\XjaijgZd[iZX]cdad\n COMPANYu0ISu0INEVITABLYu0FEELINGu0THEu0EFFECTSu0OFu0THEu0
h]Vg^c\VXgdhhVaa^ih^cYjhig^Zhi]VihiZbh CREDITu0CRUNCHu0)Tu0WILLu0MANUFACTUREu0AROUNDu0
[gdbXZcigVa\dkZgcbZci[jcY^c\#I]^hVaadlh u0UNITSu0INu0u0COMPAREDu0TOu0THEu0 u0Au0
Vaa^ckdakZY^c\dkZgcbZciVeegdkZY YEARu0ITu0HASu0BEENu0PRODUCINGu0SINCEu0u0.EWu0
^cYjhig^Zhidh]VgZVcYWZcZ[^i[gdbi]Z 63!4u0ANDu0LARGEu0ANTENNASu0AREu0HELPINGu0BOOSTu0
aViZhiYZh^\cVcYiZX]cdad\n#AZ^hjgZbVg^cZ TURNOVER u0WHILSTu0ITSu0I
SERIESu0462/ u0INCLUDINGu0I u0
]Vh_jhigZXZ^kZYi]^hVeegdkVa!hdZmeZXi Iu0ANDu0I u0REMAINu0ITSu0BESTu0SELLERSu0#URRENTLY u0ITSu0
gVe^YVcY^ciZgZhi^c\YZkZadebZcih# Iu0WITHu0AUTOu0SATELLITEu0SWITCHINGu0FUNCTIONu0ISu0THEu0
¹I]Z@dgZVWdVih]dl\ZcZgViZY LEADINGu0PRODUCTu0INu0THEu053u0ANDu0%UROPE
hdbZi]^c\a^`ZJH+,b[dgdjgZXdcdbn!º 4HOUGHu0ITu0ONLYu0STARTEDu0TOu0REGISTERu0Au0PROFITu0
hVnh@^b<^"Ndjc\#¹LZ]VkZV]j\ZediZci^Va THREEu0YEARSu0AGOu0FOLLOWINGu0SUBSTANTIALu02$u0
XdchjbZgbVg`Zi#º INVESTMENTu0INu0START
UPu0COSTS u0ITu0HASu0REGISTEREDu0
u0PERu0CENTu0TURNOVERu0GROWTHu0SINCEu0ITu0STARTED u0
I[ekbfhel_Z[h WITHu0THATu0RATEu0HITTINGu0u0PERu0CENTu0FORu0THEu0u0
6k^h^iidi]ZcVi^dc¼hXVe^iVa!HZdja!Vild" FINANCIALu0YEAR
]djgYg^kZ[gdb?Zdc\d`!d[[ZghViVciVa^h^c\ )Nu0THEu0SECONDu0HALFu0OFu0 u0)NTELLIANu0WILLu0
\a^behZd[l]Vii]ViediZci^Vab^\]iWZ#=dhi FOCUSu0ONu063!4u0PRODUCTSu0&ORu0+U
BAND u0ITu0WILLu0
idi]ZDanbe^X<VbZh^c&.--VcYi]Z'%%' HAVEu0u0CM u0Mu0ANDu0Mu0DISHu0SIZESu0FORu0ITSu0
;>;6LdgaY8je!HZdja^hdcZd[i]ZldgaY¼h 63!4u0PRODUCTSu0!Tu0THEu0ENDu0OFu0THEu0YEARu0ITSu0
ide&%[^cVcX^VaVcYXdbbZgX^VaX^i^Zhl^i]V PLANNINGu0TOu0ADDu0Au0Mu0#
BANDu0ANTENNAu0TOu0ITSu0
igjan\adWVadjiadd`#AjmjgnWgVcYhVgZVh 63!4u0LINE
UPu0
lZaagZegZhZciZY^ci]ZcjbZgdjhide"ZcY h4WENTYu0PERu0CENTu0OFu0REVENUESu0FORu0THEu0PASTu0
YZeVgibZcihidgZhVhndj¼Y[^cY^cCZlNdg`! FOURu0YEARSu0HAVEu0BEENu0CHURNEDu0BACKu0INTOu02$u0
AdcYdc!EVg^hdgGdbZ!VcY_jY\^c\Wni]Z INVESTMENT vu0THEu0COMPANYSu0PRESIDENTu0ANDu0
WjhnV^haZhVcYeVX`ZY^c"hidgZgZhiVjgVcih! #%/u0%RICu03ANGYUBu03UNGu0TOLDu0)")u04HATu0
i]ZXdjcign¼h\gdl^c\b^YYaZXaVhh^hcdih]n EQUATEDu0TOu0AROUNDu053Mu0ANNUALLY u0ANDu0
VWdjiheZcY^c\^ihLdc# THISu0YEARu0THATu0WILLu0BEu053M u0THEu0#%/u0CLAIMSu0
H]dee^c\!^ihZZbh!]VhWZXdbZhdbZi]^c\ h7EREu0NOTu0INu0THISu0FORu0THEu0SHORTu0TERMu0nu0WEREu0
d[VeVhi^bZVcYi]ZgZ^hVYZ[^c^iZhZchZi]Vi INVESTINGu0AGGRESSIVELYu0FORu0THEu0LONGu0TERMu0u0
Hdji]@dgZVchVgZ`ZZcidZbWgVXZi]Z^g 7Eu0BELIEVEu0THATu063!4u0ANDu0LARGEu0ANTENNASu0FORu0
cZl"[djcYaZ^hjgZi^bZ¸V[^kZ"YVnldg`^c\ THEu0COMMERCIALu0MARKETu0WILLu0DRIVEu0u0GROWTHu0u0
lZZ`lVh^cigdYjXZY^c'%%)#7jih]dee^c\ 7Eu0HAVEu0Au0VERYu0LOWu0DEBTu0RATIOu0ANDu0ALTHOUGHu0
[dgEgVYVVcY<jXX^^hdcZi]^c\!eVgi^c\l^i] THEu0ECONOMYu0ISu0NOTu0SOu0GOODu0RIGHTu0NOWu0WEu0AREu0
hZg^djhXVh][dgWdVih^hVcdi]Zg# VERYu0STABLEv
;V^ga^cZ¼h7gnVc?dcZh^hdei^b^hi^X! !CCORDINGu0TOu03UNG u0)NTELLIANu0ISu0NOWu0LOOKINGu0
]dlZkZg#¹I]ZgZVgZl]daZhlVi]Zhd[ TOu0ESTABLISHu0Au0%UROPEANu0BASEu0FORu0TECHNICALu0
SUPPORT u0SALES u0MARKETINGu0ANDu02$
8DCI>CJ:9DCE)+
>ciZgcVi^dcVa7dVi>cYjhign lll#^W^cZlh#Xdb q 6eg^a·BVn'%%. )*u153
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84