SSL Selected To Provide Direct Broadcasting Satellite To B-SAT

Palo Alto, CA /PRNewswire/ - Space Systems/Loral (SSL), a leading provider of commercial satellites, today announced that it was selected to provide a broadcasting satellite for Broadcasting Satellite System Corporation (B-SAT), which is a leading broadcasting satellite operator inJapan. The satellite will be used for Direct-to-Home (DTH) television service in Japan.

"The BSAT-4a satellite represents our fourth satellite contract award for the Japanese market in the last two years," said John Celli, president of SSL. "We are honored to have B-SAT place its trust in our long heritage of innovation."

The satellite, BSAT-4a, will have 24-Ku-band transponders and will expand the availability of advanced television services such as high definition and 4K/8K ultra-high definition television. BSAT-4a is based on the highly reliable SSL 1300 platform, which provides high-power and the flexibility to support a broad range of applications and technology advances. The satellite is designed to provide service for 15 years or more.

"We are pleased to be partnering with SSL on BSAT-4a," said Takashi Yabashi, president and chief executive officer of B-SAT. "This satellite will enable us to continue providing high quality, reliable direct-to-home service throughout Japan."

About B-SAT
B-SAT is a unique operator of broadcasting satellites in 12GHz BSS band in Japan. The company was established in April 1993 and is located in Tokyo, Japan. Since then, B-SAT has worked toward providing stable satellite operations and continuity of broadcasting services. B-SAT currently owns and manages three satellites, BSAT-3a, BSAT-3b and BSAT-3c, for BSS. The number of BSS Digital Broadcasting Receivers is now over 140 million in Japan.

About SSL
Space Systems/Loral (SSL) is a leading provider of commercial satellites with broad expertise to support satellite operators and innovative space related missions. The company designs and manufactures spacecraft for services such as direct-to-home television, video content distribution, broadband Internet, mobile communications, and Earth observation. As a Silicon Valley innovator for more than 50 years, SSL's advanced product line also includes state-of-the-art small satellites, and sophisticated robotics and automation solutions for remote operations. For more information, visit www.sslmda.com.

Forward-Looking Statements
This news release contains forward-looking statements and information, which reflect the current view of Space Systems/Loral (SSL) with respect to future events and financial performance. When used in this news release, the words "believes", "expects", "plans", "may", "will", "would", "could", "should", "anticipates", "estimates", "project", "intend" or "outlook" or other variations of these words or other similar expressions are intended to identify forward-looking statements and information. Actual results may differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown risks and uncertainties. Known risks and uncertainties include but are not limited to: risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures or impaired satellite performance; risks associated with satellite manufacturing, including competition, cyclicality of SSL's end-user markets, contractual risks, creditworthiness of customers, performance of suppliers and management of SSL's factory and personnel; risk associated with financial factors such as volatility in exchange rates, increases in interest rates, restrictions on access to capital, and swings in global financial markets; risks associated with domestic and foreign government regulation, including export controls and economic sanctions; and other risks, including litigation. The foregoing list of important factors is not exhaustive. The information contained in this news release reflects SSL's beliefs, assumptions, intentions, plans and expectations as of the date of this news release. Except as required by law, SSL disclaims any obligation or undertaking to update or revise the information herein.