COMSAT Acquires Interest In MMS

Communications Satellite Corporation (COMSAT) recently announced that it has acquired, through its subsidiary COMSAT Investments Inc., a minority interest in Marine Management Systems (MMS) of Stamford, Conn., with the option to increase its holdings in the future.

Marine Management Systems is an international leader in supplying integrated shipboard and shoreside management services often using satellite communications. The company provides computer software, hardware and related services and specializes in such applications as shipboard maintenance management, vessel performance reporting, and shipboard administration.

COMSAT officials said that the COMSAT/MMS affiliation will be particularly beneficial to maritime users in meeting their growing needs for shipboard and shoreside management systems. These users will be able to utilize MMS's application software and related products as part of the communications services available over the INMARSAT system through COMSAT's coast earth stations.

Maritime Reporter Magazine, page 55, Aug 1990

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.