Space Systems/Loral to Build Advanced Mobile Satellite for ICO Satellite Management, LLC

Contact: John McCarthy
(212) 338-5345



Space Systems/Loral to Build Advanced Mobile Satellite
for ICO Satellite Management, LLC
ICO's 2-GHz Mobile Communications Service to Provide Ubiquitous Coverage
Through Geostationary MSS Satellite and ATC Technology

PALO ALTO - April 26, 2005 - Space Systems/Loral (SS/L) today announced that
it has recently signed a contract with ICO Satellite Management, LLC for the
design and construction of a geostationary Mobile Satellite Services (MSS)
satellite that, together with an Ancillary Terrestrial Component (ATC), will
be capable of providing mobile voice and data communications throughout the
United States.
"The 2-GHz mobile systems are driving a growing segment of today's satellite
manufacturing industry," said Bernard L. Schwartz, chairman and CEO of Loral
Space & Communications. "With ICO and other 2-GHz programs under
development, SS/L has put a stake in the ground as the leading provider of
these next generation mobile satellites."
ICO's GEO satellite is based on SS/L's space-proven 1300 platform, which has
an excellent record of reliable operation. Its high efficiency solar arrays
and lightweight batteries are designed to provide uninterrupted electrical
power. In all, SS/L satellites have amassed almost 1,200 years of reliable
on-orbit service.
ICO is one of two companies awarded licenses by the FCC to provide
satellite-based communications services with ATC technology in the 2-GHz
frequency band. With its SS/L constructed geostationary satellite and ATC,
ICO will provide next generation mobile voice and data services, providing
complete coverage regardless of the user's location.
Space Systems/Loral, a subsidiary of Loral Space & Communications (OTCBB:
LRLSQ), is a premier designer, manufacturer, and integrator of powerful
satellites and satellite systems. SS/L also provides a range of related
services that include mission control operations and procurement of launch
services. Based in Palo Alto, Calif., the company has an international base
of commercial and governmental customers whose applications include
broadband digital communications, direct-to-home broadcast, defense
communications, environmental monitoring, and air traffic control. SS/L is
ISO 9001:2000 certified. For more information, visit www.ssloral.com.
Loral Space & Communications is a satellite communications company. In
addition to Space Systems/Loral, through its Skynet subsidiary Loral owns
and operates a fleet of telecommunications satellites used to broadcast
video entertainment programming, and for broadband data transmission,
Internet services and other value-added communications services. For more
information, visit Loral's web site at www.loral.com.
# # #

--
--------------

Jacques :-)

www.spacepatches.info