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HUGHES OFFERS CREDIT LINE TO GEOTEK FOR SPECTRUM

MONTVALE, N.J.-Geotek Communications Inc. and Hughes Network Systems Inc. announced they have reached an agreement allowing Hughes to extend Geotek a two-year, $25 million line of credit for Geotek to acquire additional 900 MHz spectrum in the United States.

Geotek and Hughes Network recently formed a partnership to develop a series of mobile workstations and portable handsets based on Geotek’s proprietary Frequency Hopping Multiple Access technology.

Geotek is now offering commercial services in Philadelphia, targeting more than 25 million people. The company’s services are delivered on Geotek’s mobile workstation, which integrates telephony, dispatch, data and software for business applications.

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