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COM DEV’s exactEarth and Spain’s HISDESAT join forces to tackle the Space-Based AIS Market

HISDESAT makes strategic investment in exactEarth – adds global market strength

CAMBRIDGE, ON – September 30, 2010 - COM DEV International Ltd. (TSX:CDV), a leading manufacturer of space hardware subsystems, today announced that its data services subsidiary, exactEarth Ltd. (“the Company”), has added a strategic investor that will play an important role in delivering and growing the Company’s exactAIS™ service in the marketplace. HISDESAT Servicios Estratégicos S.A., a major Madrid-based satellite operator and service provider that sells data to more than 25 government customers around the world, has taken a 27% equity interest in exactEarth with a cash investment of CDN $15 million, which represents an implied $55.5 million valuation of the exactEarth business. The cash investment will support exactEarth’s on-going business operations and the deployment of additional space and ground infrastructure.

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