FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For September 22, 2008
NORSAT INTERNATIONAL INC.
(Registrant's Name)
Suite 110 - 4020 Viking Way
Richmond, British Columbia
Canada V6V 2N2
(Address of principal executive offices)
Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F
Form 20-F
X
Form 40-F
Indicate by check mark whether the Registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes
No
X
If 'Yes' is marked, indicate below the file number assigned to the Registrant in connection with Rule 12g3-2(b).
Not applicable
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Norsat International Inc.
(Registrant)
Date: September 22, 2008
By: Signed "Eugene Syho"
Eugene Syho
Chief Financial Officer
FOR IMMEDIATE RELEASE
NORSAT WINS $5.5 MILLION UNITED STATES DEPARTMENT OF DEFENSE CONTRACT
Vancouver, Canada – September 22nd, 2008 – Norsat International Inc. (“Norsat”) (TSX – NII.TO; OTC BB – NSATF.OB), a leading provider of intelligent ground-based satellite solutions, announced today that its US subsidiary has been awarded a $5.5 million contract by the US Department of Defense (“DoD”) to provide portable satellite terminals, ancillary equipment and associated implementation, training, and maintenance services. The contract will be fulfilled over the next six-months. All amounts are expressed in US dollars unless otherwise stated.
“This sizable contract win demonstrates our continued success in building our satellite systems business, and highlights our position as a key supplier to the US DoD,” said Dr. Amiee Chan, President and CEO, Norsat International Inc. “In 2008, we have added two product families to our suite of offering to date, expanding our reach into the maritime and vehicle mount satellite system markets. We believe as we leverage our technology expertise to further expand our portfolio of portable satellite systems, we will continue to grow our user base in the government and commercial industry sectors worldwide.”
About Norsat International Inc.
Norsat International Inc. designs, engineers and markets intelligent satellite solutions for high-speed data transmission. The company’s portfolio of capabilities include: microwave components; fixed, transportable, ultra-portable, vehicle-mounted and maritime satellite systems; turnkey maritime navigation and communications systems; and end-to-end network services. Norsat is headquartered in Vancouver, Canada, with offices in Annapolis, Maryland; Lincoln, United Kingdom; Stockholm, Sweden; Monte Carlo, Monaco; Rome, Italy; and Daejeon, South Korea. Additional information is available at www.norsat.com, via email at investor@norsat.com or by phone at 1-604-821-2808.
For further information, contact:
Pervez Siddiqui
Kristen Dickson
Vice President, Marketing
The Equicom Group
Tel: 604 821-2850
Investor Relations
Email:psiddiqui@norsat.com
Tel: 416-815-0700 x 273
Email: kdickson@equicomgroup.com
Forward Looking Statements
Statements in this news release relating to matters that are not historical fact are forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, general economic conditions, changes in technology, reliance on third party manufacturing, managing rapid growth, global sales risks, limited intellectual property protection and other risks and uncertainties described in Norsat’s public filings with securities regulatory authorities.
This information should be read in conjunction with Norsat’s audited consolidated financial statements and related notes included therein for the three months ended June 30th, 2008, and the Management Discussion and Analysis for the three months ended June 30th, 2008. All of the company’s financial statements are prepared in accordance with Canadian generally accepted accounting principles (Canadian GAAP). Additional information may be found at www.norsat.com.
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MATERIAL CHANGE REPORT
1. Name and Address of Company
Norsat International Inc.
110 – 4020 Viking Way
Richmond, BC
V6V 2N2
2. Date of Material Change
September 16, 2008
3. News Release
A press release announcing the material change was issued on September 22, 2008 and filed on SEDAR.
4. Summary of Material Change
On September 16th, 2008, Norsat International Inc. (“Norsat”) was awarded contracts by the United States Department of Defense to supply US$5.5 million for turnkey satellite equipment and services.
5. Full Description of Material Change
On September 16th 2008, Norsat International Inc. (“Norsat”) was awarded two contracts by the United States Department of Defense to supply turnkey satellite equipment and services. The two contracts have an aggregate value of over US $5.5 million and are expected to be fulfilled over the next six months.
6. Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102
Not applicable.
7. Omitted Information
Not applicable.
8. Executive Officer
Eugene Syho
Chief Financial Officer
Norsat International Inc.
110 - 4020 Viking Way
Richmond, British Columbia
Canada V6V 2L4
esyho@norsat.com
Tel: (604) 821-2838
Fax: (604) 821-2801
9. Date of Report
September 22, 2008