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To: alburk who wrote (4560)9/15/1998 6:54:00 AM
From: Jeff Vayda  Respond to of 10852
 
From flatoday.com: Loral Skynet and Loral Orion announce trans-Atlantic service
for European specialty programmers

Skynet Direct(TM) provides European programmers cost-effective
access to North American viewers

Loral Orion and Loral Skynet News Release

AMSTERDAM - Loral Skynet and Loral Orion announced Sept. 11 they will
work together to provide backhaul services from Europe for Loral Skynet's new
content distribution service, Skynet Direct. This relationship between the
organizations will facilitate trans-Atlantic content distribution for European
specialty programmers who wish to reach viewers in North America.

"This relationship is a perfect example of how our emerging Loral Global Alliance
will take advantage of its regional member operators' unique capabilities to create
transport solutions that connect customers to the rest of the world," said Terry
Hart, president, Loral Skynet. "Providers and distributors of specialty
programming in Europe will now have a link to the Skynet Direct digital
distribution service platform in North America."

Using Loral Orion satellites, distributors and providers of specialty programming
can transport their content to Skynet Direct's uplink site in Cheyenne, Wyo. The
signal will then be distributed digitally, using Loral Skynet's Telstar 5 satellite at 97
degrees W.L., to subscribers throughout North America, including Alaska,
Hawaii and the Caribbean.

Neil Bauer, president of Loral Orion, said, "Providing our European leasing
customers with access to the North American market expands Loral Orion's
services for the trans-Atlantic region. This packaged content distribution service
also allows us to bring our customer's programming to all of the United States and
all of Europe simultaneously."

Loral Orion currently provides satellite leasing services to all the cable head ends
in the United Kingdom and to many program distributors across Europe by using
the Orion 1 satellite. The company will extend its reach as far as Russia, South
America, and South Africa, after launching the new Orion 2 satellite in mid-1999,
giving customers access to all major centers on both sides of the Atlantic.

Skynet Direct is a result of a recently formed strategic alliance between Loral
Skynet and EchoStar Communications Corp., both based in the U.S., to offer
new digital-based services to cable operators, programmers, and direct-to-home
(DTH) consumers in North America. Skynet Direct offers programmers a
combination of Loral Skynet's Telstar fleet space segment with compression,
encoding, uplinking, format conversion and multiplexing from EchoStar's existing
facilities. Skynet Direct will enable specialty programmers such as international
channels, specialized channels, distance-learning services and business television
to cost-effectively distribute their programming to targeted audiences throughout
the United States, including Alaska, Hawaii, and Puerto Rico.

Loral Skynet of Bedminster, New Jersey, a subsidiary of Loral Space &
Communications, is a leading satellite communications services provider that
owns and operates the Telstar satellites. Loral Skynet's customers lease
transponder capacity to distribute network television programming, collect live
video feeds for the reporting of news and events, and to offer direct-to-home and
pay-per-view programming, distance learning, educational, and other business
television services. Loral Skynet also provides technical consulting, as well as
tracking, telemetry, and control of satellite fleets for a wide variety of customers.
Loral Skynet operates Telstar 4 and Telstar 5, which provide C-band and
Ku-band coverage over the continental United States, Hawaii, Alaska, Puerto
Rico and the U.S. Virgin Islands. Through the recent privatization of Mexico's
satellite operations, Loral, through Loral Skynet, also manages Satellites
Mexicanos, S.A. de C.V. (SatMex). SatMex currently operates three satellites,
Solidaridad 1, Solidaridad 2 and Morelos 2. SatMex 5 (previously Morelos 3), is
scheduled for launch in the fourth quarter of 1998. Loral Skynet's vigorous
growth plan includes future launches of Telstar 6 and 7, which are expected to be
in service in 1998 and 1999, respectively, and Telstar 8 and 9, to be in service
shortly thereafter. For more information, visit Loral Skynet's web site at
loralskynet.com.

Loral Orion is based in Rockville, Md., and is a subsidiary of Loral Space &
Communications. Loral Orion is an international satellite communications
company that provides satellite capacity to television broadcasters and other
program distributors, provides Internet access directly to Internet Service
Providers and multinational businesses worldwide and provides managed
networks services to corporate customers around the globe. Services include
data networking, voice, video, teleconferencing and news distribution to multiple
points worldwide. Loral Orion can be found on the Internet at
loralorion.com.

Loral Space & Communications (NYSE:LOR) is a high technology company that
primarily concentrates on satellite manufacturing and satellite-based services,
including broadcast transponder leasing and value-added services, domestic and
international corporate data networks, global wireless telephony, broadband data
transmission and formatting, Internet connectivity, and international
direct-to-home satellite services.




To: alburk who wrote (4560)9/15/1998 6:59:00 AM
From: Jeff Vayda  Read Replies (1) | Respond to of 10852
 
From flatoday.com: CyberStar advances from development to marketing and sales
phase

Loral Space and Communications News Release

MOUNTAIN VIEW, Calif. - CyberStar, L.P., a company formed by Loral
Space and Communications, has announced management and organizational
changes reflecting its increased emphasis on the marketing of it of global
broadband services. The changes include the appointment of two key executives
along with the realignment of internal resources in sales, marketing and research
and development functions. The shift to a marketing emphasis, following
successful field tests of CyberStar's satellite IP Multicast delivery service for
business environments, equips CyberStar to exploit the enormous demand for
broadband digital services and allows for an accelerated sales pace.

Chris Dittmer, former vice president of international marketing and field support
for Oracle Corporation, has been named vice president of worldwide marketing
and business development, and Bill LaSalle, former vice president and associate
general counsel for Lockheed Martin Corporation, has been appointed vice
president and general counsel.

In addition, to further support the rapid introduction of CyberStar broadband
digital services to the North American enterprise market, CyberStar is
augmenting its marketing, business development, sales and customer support
activities, and improving operating efficiencies. These changes will entail the
recruitment of additional resources in the sales and product development areas
and the elimination of certain other development positions.

"We are satisfied with the progress CyberStar has made since its inception last
year," said Ron Maehl, president of CyberStar. "Our pilot program with several
corporations, precursor to a full scale roll-out of our satellite IP Multicast service,
has been very successful. We have the right resources now to focus on growing
sales of our current product offering."

"Bringing Chris and Bill on board adds the experience of two industry veterans to
the company's management team," Maehl said. "Chris's proven ability to design
and implement global marketing programs will make him an invaluable resource
as we execute our business plan. And Bill brings to CyberStar more than 20
years of corporate legal experience with distinguished technology companies."

At Oracle, Dittmer implemented the Oracle Value Service program for business
partners, which allowed Oracle partners worldwide to share a stake in the
strategic direction of the company. Prior to joining Oracle, he served as
Microsoft's Far East and European end-user and network business unit manager
and established Microsoft's Solution Provider Program in Europe. Dittmer will
play an integral part in further developing CyberStar's market presence and
partnerships worldwide.

LaSalle began his legal career with IBM in 1977. When Loral, CyberStar's
parent company, acquired IBM's Federal Systems business in 1994, LaSalle
joined Loral as the vice president and general counsel of Loral Federal Systems
Company. At these companies, LaSalle advised senior managers regarding all
legal aspects of operations, and developed and implemented the sale and
licensing of information processing technology products and services.

About CyberStar

CyberStar, based in Mountain View, Calif., was created and is managed by
Loral Space and Communications Ltd. (NYSE:LOR). Alcatel, based in Paris,
France is a limited partner in CyberStar. CyberStar is a leading provider of global
broadband IP-Multicast solutions for business environments. IP Multicast
protocols form the foundation for exciting new services such as virtual multicast
networks, software distribution, PUSH-based services, Internet broadcasts,
distance learning and video services. CyberStar services support high bandwidth
IP-multicast solutions for intranets, extranets and virtual private networks via the
Loral Skynet operated Telstar 5 satellite. These services enable businesses to
deliver value-added services though their own customized multicast channels.
CyberStar is a charter member of the IP Multicast Initiative. Information about
CyberStar can be found on the World Wide Web at cyberstar.com.

About Loral

Loral Space & Communications (NYSE:LOR) is a high technology company that
primarily concentrates on satellite manufacturing and satellite-based services,
including broadcast transponder leasing and value added services, domestic and
international corporate data networks, global wireless telephony, broadband data
transmission, Internet connectivity, digital audio radio services and international
direct-to-home satellite services. For more information, visit Loral's web site at
loral.com.

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