RapidEye Announces Distributor for Mexico and Central America

February 20, 2009

RapidEye has reached a contractual agreement with the Mexican company Bufete de Ingeniería en Telecomunicaciones y Sistemas, S.A. de C.V. (B.I.T.S.), to be its sole distributor of satellite imagery in Mexico and Central America. B.I.T.S. is a 3COM certified sales professional, a Cisco Systems SMB selected partner, and has worked on substantial projects for Citigroup, the Mexican Secretary of National Defense, and the Mexican Secretary of the Environment and Natural Resources. The agreement was signed in Brandenburg, Germany, last week between the CEO of B.I.T.S., Hector Betancourt, and RapidEye's CEO, Wolfgang G. Biedermann.

Betancourt said, "We are extremely satisfied to be part of the worldwide team of RapidEye distributors. RapidEye's satellite data will provide our customers in Mexico and Central America with invaluable information about our countries. Due to our country's geographical and meteorological characteristics, we trust RapidEye data will be of vital importance. We are positive about the capacities of RapidEye's satellite system and the quality of their satellite imagery and will contribute to the economic growth of RapidEye in our region."

"We are very proud to have B.I.T.S. as a dynamic business partner, and we have been talking with them for quite some time. RapidEye is happy that we have a common vision for the partnership of our companies," commented Michael Prechtel, head of marketing and sales for RapidEye. "We are looking forward to working with Hector and his team. They have a great enthusiasm that should help increase our visibility and boost the sales of our products on that side of the Atlantic."

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