New Contract and Customer for Ibises IFE on the Horizon
BREA, Calif.--(BUSINESS WIRE)--July 11, 2003--
Ibises International capable of providing in-flight entertainment and Internet connectivity also offers a built-in surveillance/security feature
Ibises International (OTC: IBSN) announced today that the successful installation of the SkyMediaCenter SMC3000 In-Flight Entertainment System (IFE) has sparked the attention of another airline in Asia. This commercial airline operator has seen the recent installation of the system on Lion Airlines MD82 aircraft. Carl Salas, president of Global Aviation, is leading the marketing forefront to aggressively penetrate the Asian, Pacific Rim and Latin American market. He quoted, "The airline industry has suffered an all-time record loss of over $12 billion since 9/11. With increasing passenger demand for advanced entertainment systems and connectivity in the sky, even the 'second tier' airlines of the world realize the need to compete and attract passengers by offering such services without added financial stress."
Salas further stated, "The SMC3000 is the answer. Its design architecture lends itself to an integrated solution capable of providing entertainment and connectivity to passengers while the same system also offers a built-in surveillance/security feature for the aircraft. With this in mind, the SMC3000 has been proven to be the most affordable IFE system today and for years to come."
Salas recently met with the president/CEO of the airline to discuss final contract negotiation. Besides the very competitive pricing of the SMC3000, the airline is particularly interested in features of the system which can bring in non-ticket revenue. It is anticipated that a formal order worth about $3 million will be placed within the next 45 days.
Salas recently joined Ibises International to develop the internal marketing infrastructure that will further catapult the market penetration and product exposure to major commercial carriers worldwide. In addition, he is in discussion with various financial institutions to come up with a unique way to creatively finance the sale and installation of every system. With the cooperation of the airline customer, a revenue structure can be devised to generate funds that will eventually offset the cost of the installation. With a plan such as this, even airlines of the Third World countries will be amenable to offer the SMC3000 to their passengers. An affordable solution.
AI
