Page 2 - Mobility World Newsletter

SMW: I understand that you have recently We don’t take on projects unless we are
purchased three new hubs from ST certain that we can execute them to our
Engineering and are expanding globally. exacting standards, that is behind our
Can you tell us about your expansion success. We are ready and able to compete
plans, including geographical areas against the majors, and, in terms of service,

to be covered and target markets, i.e., we challenge them.
broadcast, mobility, NGOs, military? Given
your company’s size, how do you plan to SMW: Isotropic Networks deals extensively
expand your sales and service capabilities with customers in the mega-yacht and oil
to service a global market and compete and gas industries. Can you update us on
against the majors? the impact of COVID-19 on these segments
and the near-term outlook?

We are fortunate in that we have many
multi-national Fortune 500 clients in the US
and are expanding
our business by
serving these clients
wherever they’re
operating in the
world, including

Asia, Europe, and the
Middle East.

This organic
expansion has a
knock-on effect.
Because as we
serve these clients
in international

locations, our quality
and reliability standards are recognized COVID-19 has certainly added to the

globally, which generates new business. pressures mounting on the energy markets.
With the oil price hovering around $40, and
Our clients’ portfolio extends from with reduced demand in the transportation
maritime to pharmaceutical companies, segment, it’s hard to see shortages that
cellular backhaul, oil and gas, mining, and will drive the price back to previous levels.
retail, among others. We expect this downward pricing trend to
continue for a while.

We are intentionally very diversified,
identifying the market needs and We have financially strong customers that
responding with solutions that we can best have been in the business for a long time
provide. This keeps us growing. and have manageable debt. In contrast,