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SCNG
SC Holdings Corp.

Common Stock
OTC Disclosure & News Service
Strattner Financial Group subsidiary launches Satellite Communications business

Strattner Financial Group, (OTC:SCNG) today announced that its subsidiary Strattner Technologies LLC entered into an agreement with Pivotel America, Inc. to launch Strattner.Space providing satellite voice, text, data and push-to-talk (PTT) plans and a commercialization platform to the growing satellite communications device market including satellite-smartphones and IoT devices across a broad spectrum of applications in government, aviation, business and recreational use.


“We are excited to become a major commercialization platform in the satellite communications space, leveraging both our expertise and the Pivotel Network with unique benefits like local country mobile numbers, free test call services, and cost control tools for voice and data services, including usage alerts, restricted dialing lists, and IP blacklisting, said Dr. Timo Strattner, CEO of Strattner Financial Group. “These features deliver greater value, increase simplicity and peace of mind.” 


Strattner’s clients get one network service with access to four satellite technology options: Inmarsat, Globalstar, Thuraya and Iridium, providing a single platform for customers regardless of the customer’s need for any particular satellite solution coverage. The Pivotel network is the result of more than $75 million invested in telecommunications network infrastructure and services to be a global leading provider of satellite-based mobile services. 


“This agreement represents the value that Pivotel can bring with the right partner,” said Robert Sakker, President of Pivotel America, Inc. “Our truly global cross-platform network and unique services pair perfectly with Strattner’s capabilities to offer a satellite services platform built for operational excellence and growth.” 


The network will be fully integrated with Pivotel’s Tier 1 carrier-grade, fully redundant switching and transmission infrastructure which is directly interconnected with the satellite operators’ networks, ensuring high levels of network availability and enabling innovative and unique customer services. A modern fully IP-based network supports satellite and terrestrial (4G) voice and high-speed data services and a broad range of value-added services to provide improved call management, messaging and alerting. The Pivotel network is global in reach, connecting four satellite networks to points of interconnect on six continents for maximum performance. 


Customers will access and manage their accounts via a portal where they can view their airtime bills, set up auto payments, and configure spend alerts for their satellite data usage. Customers also get free calling to the customer care team to get tech support or ask questions about their airtime.


David Blunk CTO of Strattner Financial Group and managing Director of Strattner Technologies says “As per the 2019 Iridium Annual Report, their commercial user base of 1,165,000 of which 363,000 are subscribed to voice and data plans generated $203M revenue and we see value in there for us. Strattner’s unique position and Pivotel’s network will make for a new offering in the space, appealing to both existing and new satellite communications customers.” 


About Pivotel

Pivotel America Inc. (Pivotel) is part of the Pivotel Group Pty Limited, an Australian-owned international company founded in 2003 with locations all over the world - in the US, Australia, New Zealand, and Indonesia. In late 2017 Pivotel Group acquired Global Marine Networks (GMN), establishing operations for the Americas located in Louisville, TN.


About Strattner

Strattner Financial Group is a diversified alternative investment management firm. We are focused on growing and managing our group’s assets, commercial interests, subsidiaries and services  across a broad spectrum of industries where we identify value.


IR Contact

Strattner Financial Group

admin@strattners.com

+1 (917) 210-1062


Forward Looking Statements

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company, to be materially different from the statements made herein.

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