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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: nick chacos who wrote (6785)	9/15/1999 9:55:00 AM
From: oilbabe	Read Replies (1) \| Respond to of 10852

SEP 15, 1999, M2 Communications - Rockville, MD -- Neue Zuercher Zeitung (NZZ), one of the world?s leading German language newspapers, has chosen Loral Orion to expand and upgrade its internal data network by providing bandwidth that can be dynamically allocated for more rapid distribution of the news to new markets worldwide. Under the terms of the agreement, Loral Orion is providing a two megabit per second switching bandwidth service, called Dynalink, which gives NZZ the ability to manage a pool of bandwidth and allocate it in any combination to either of its two printing facilities in Frankfurt or Munich, Germany, for sending and receiving high-bandwidth data files. Editing of this information can then occur without using expensive, fixed terrestrial connections. "NZZ?s publishing business is time-sensitive and data-intensive, so they required a wide-bandwidth solution that can be actively and readily controlled," said Nick Thompson, president of Loral Orion-Europe. "Our satellite-based bandwidth-on-demand service provides the large capacity needed for timely news distribution while giving NZZ the ability to use it wherever and whenever it needs it. This flexibility and reliability enables the publisher to make the most efficient use of its production resources." NZZ promises its readers the most current, local and international news at the doorstep by 6:00 a.m. each morning. Loral Orion?s satellite system gives NZZ the ability to better fulfill this commitment cost-effectively by significantly reducing the time between deadline and distribution while lengthening their editorial deadlines. To do this, NZZ uses the Loral Orion network to send completed news stories directly from NZZ?s editorial offices in Switzerland to the company?s two printing facilities in Germany. The satellite service vastly reduces the time between editorial completion and print production, allowing the paper to include more late-breaking news without delaying printing and circulation of the paper to more than 160, 000 readers in Switzerland and across Europe. In addition, the point-to-multipoint capability of this satellite system makes it dramatically more economical than existing terrestrial network equivalents, and its flexibility and scalability will support NZZ?s planned expansion into markets in North America and Asia.