Blast Energy Services Launches Mobile Auto-Acquisition Satellite System
March 08 2006 - 7:30AM
PR Newswire (US)
HOUSTON, March 8 /PRNewswire-FirstCall/ -- Blast Energy Services,
Inc. (OTC:BESV) (BULLETIN BOARD: BESV) announced today the launch
of its first mobile auto-acquisition satellite system. This system
utilizes a one meter dish that automatically deploys in a few
minutes to acquire its satellite connection. The unit is designed
to be easily transported into remote drilling or disaster ravaged
locations and eliminates the need for costly service calls to
manually realign the dish after each move. Blast's satellite
service supports VoIP, video-streaming, data, internet and email
traffic as well as local wireless deployments. "Last year's
hurricane season demonstrated the need for mobile satellite systems
that could be quickly deployed and satisfy multiple communication
needs," said Andrew Wilson, VP and General Manager of Blast's
Satellite Division. "These self-contained systems, powered by as
little as a car battery, can re-establish communications rapidly
without the need for land- based or cell infrastructure in nearly
all areas of North America and the rest of the World." This new
system is being targeted towards customers in the Energy and
Disaster Recovery markets, in particular organizations that require
rapid deployment of extensive communications capabilities to
support commercial operations. The new service utilizes iDirect
Technologies' satellite equipment and service, which provides
satellite broadband access solutions to customers who have a need
for fast, flexible, and geographically dispersed two way
internet/intranet access. With transmission speeds up to
2048kbps/768kbps the system has the capability to support multiple
VoIP lines, video streaming and multiple internet users. It has
built-in quality of service capabilities as well as support
prioritization of voice and video traffic. For more information
about the system and service, as well as photographs and video of
the system deploying, please visit our website:
http://www.blastenergyservices.com/ . For a demonstration of the
new system please contact Andrew Wilson at 510-749-0836 or . About
Blast Energy Services, Inc. Blast Energy Services, Inc. is a
publicly traded company based in Houston. Our mission is to
substantially improve the economics of existing oil and gas
operations through the application of our worldwide licensed and
proprietary technologies. Using specially fabricated mobile
drilling rigs we intend to operate a commercially viable energy
service business, including: specialty casing cutting, perforation,
fracturing services and lateral drilling with the potential to
penetrate through well casing and into reservoir formations to
stimulate oil and gas production. This service should provide oil
and gas producers with an attractive, lower cost alternative to
existing well stimulation or horizontal drilling services.
Additionally, we are providing satellite services to oil and gas
producers. This service allows them to monitor and control well
head, pipeline or drilling operations through low- cost broadband
data and voice services from remote operations where conventional
land based communication networks do not exist or are too costly to
install. Safe Harbor Statement Any statements made in this news
release other than those of historical fact, about an action, event
or development, are forward looking statements. Forward looking
statements involve known and unknown risks and uncertainties, which
may cause the Company's actual results in future periods to be
materially different from any future performance that may be
suggested in this release. Such factors may include risk factors
including but not limited to: the ability to raise necessary
capital to fund growth, adequate liquidity to manage operations and
debt obligations, the introduction of new services, commercial
acceptance and viability of new services, fluctuations in customer
demand and commitments, pricing and competition, reliance upon
lenders, contractors and vendors, the ability of Blast Energy
Services' customers to pay for our services, together with such
other risk factors as may be included in the Company's filings on
Form SB-2 and its periodic filings on Form 10-KSB, 10-QSB, and
other current reports. DATASOURCE: Blast Energy Services, Inc.
CONTACT: John MacDonald of Blast Energy Services, Inc.,
+1-281-453-2888 or +1-713-725-9244, or Web site:
http://www.blastenergyservices.com/
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