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Technology Stocks : IRID - Iridium World Communications IPO Announced! -- Ignore unavailable to you. Want to Upgrade?


To: RAW who wrote (393)2/10/1998 10:43:00 PM
From: RAW  Read Replies (1) | Respond to of 2693
 
Answer to my own ??.

Tuesday February 10, 4:44 pm Eastern Time
Company Press Release
SOURCE: Iridium LLC
Iridium Launch Rescheduled (Nasdaq: IRIDF)
WASHINGTON, Feb. 10 /PRNewswire/ -- The launch of five Iridium satellites by a Delta II rocket has been rescheduled for Thursday, February 12, 1998. The Delta II is due to lift off at 6:31 am PST (9:31 am EST) from Space Launch Complex-2 at Vandenberg Air Force Base, California.

Iridium LLC is developing and commercializing a global wireless communications network that will combine the worldwide reach of 66 low orbiting satellites with land-based wireless systems to enable subscribers to communicate with handheld telephones and pagers virtually anywhere in the world. Commercial service is scheduled for late 1998. Iridium World Communications, Ltd. (Nasdaq: IRIDF - news) is the public investment vehicle of Iridium LLC.

The Iridium System is owned by Iridium LLC, an international consortium of 20 investor organizations representing leading telecommunications and industrial companies worldwide. Motorola's Satellite Communications Group is the prime contractor for the Iridium System.

Iridium is a registered trademark and service mark of Iridium LLC(C) 1998.

SOURCE: Iridium LLC

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