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SSL selected to provide two satellites to SKY Perfect JSAT

PALO ALTO, CA, April 16, 2014 /PRNewswire/ - Space Systems/Loral (SSL), a leading provider of commercial satellites, today announced that it was selected to provide two communications satellites to SKY Perfect JSAT, a leading satellite operator based in Japan, with a fleet of 16 satellites.  The satellites, JCSAT-15 and JCSAT-16 will be used by SKY Perfect JSAT to meet the growing demand for telecommunications infrastructure in the Asia Pacific region.

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"We are very honored that SKY Perfect JSAT has entrusted SSL to build its next two satellites," said John Celli, president of SSL. "Our first satellite for SKY Perfect JSAT began construction last June and we believe there is no better endorsement of our success than repeat orders from a satisfied customer. We look forward to continuing to support SKY Perfect JSAT's business with our flexible satellite products for many years to come."

The two satellites are designed to be used for services such as video distribution, data transfer communications, and back-up service capabilities in Japan and neighboring regions. They both operate in Ku-band and provide switching for flexibility.

JCSAT-15 is a 10-kW satellite which will be located at 110 degrees East longitude where it replaces the N-SAT110 satellite currently on orbit. In addition to providing legacy service it will also provide expansion capability and it is designed with the flexibility to adjust its coverage of Japan and the Indian Ocean Region to serve the areas with the highest demand.

JCSAT-16 is an 8.5-kW satellite which is designed to be used at a broad range of orbital locations.  When launched it will ensure continuous service and it will be available as a back-up to the existing fleet.

"We are very pleased to select SSL to provide SKY Perfect JSAT with our next two satellites," said Shinji Takada, Representative Director, President and CEO of SKY Perfect JSAT.  "SSL is a world leader in satellite manufacturing with a record of high quality, reliability and value and working together will help us meet the growing demand for satellite services in the region."

JCSAT-15 and 16 are both based on the highly reliable SSL 1300 satellite platform that provides the flexibility for a broad range of applications and technology advances.  Scheduled for launch in 2016, the satellites are designed to deliver service for 15 years or longer.

About SKY Perfect JSAT
SKY Perfect JSAT Corporation is a leader in the converging fields of broadcasting and communications. It is Asia's largest satellite operator with a fleet of 16 satellites, and Japan's only provider of both multi-channel pay TV broadcasting and satellite communications services. SKY Perfect JSAT delivers a broad range of entertainment through the SKY PerfecTV! platform, the most extensive in Japan with a total of 3.7 million subscribers. In addition, SKY Perfect JSAT's satellite communications services, which cover Japan and the rest of Asia, as well as Oceania, Russia, Middle East, Hawaii and North America, play a vital role in supporting safety, security and convenience for society as a whole. For more information, please visit www.sptvjsat.com and www.jsat.net.

About SSL
SSL has a long history of delivering reliable satellites and spacecraft systems for commercial and government customers around the world. As the world's leading provider of commercial satellites, the company works closely with satellite operators to provide spacecraft for a broad range of services including television and radio distribution, digital audio radio, broadband Internet, mobile communications, and Earth observation. Billions of people around the world depend on SSL satellites every day. 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.


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