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

To: Valueman who wrote (5424)	3/5/1999 1:43:00 AM
From: djane	Respond to of 10852

Loral Orion to provide Internet access to Australia's leading Internet service provider [Isn't OzMail owned by WCOM?] Presswire - March 04, 1999 15:41 M2 PRESSWIRE-4 March 1999-LORAL ORION: Loral Orion to provide Internet access to Australia's leading Internet service provider (C)1994-99 M2 COMMUNICATIONS LTD * Loral Orion expands Internet access services into Asia's largest Internet market SINGAPORE -- Loral Orion, a subsidiary of Loral Space & Communications (NYSE:LOR), announced today that it has signed a contract to provide Internet access via satellite to OzEmail Limited, Australia's leading Internet Service Provider (ISP). The service will enhance OzEmail's existing Internet business by providing additional broadband capacity. Under the contract, Loral Orion will provide OzEmail a 45 megabit per second (Mbps) receive-only connection between Australia and the United States. OzEmail will use the network as an addition to its existing cable and satellite infrastructure to support its rapid customer growth and increased bandwidth demand. The new link will carry capacity currently sent over fiber, allowing OzEmail to further reduce its international network costs by receiving bandwidth-intensive traffic over Loral Orion's satellite infrastructure. Loral Orion will deliver this critically needed capacity quickly, improving Internet access for OzEmail's customers in major cities throughout Australia. "Loral Orion is pleased to extend its reach to the largest Internet market in the Asia-Pacific region and to establish a relationship with this renowned ISP," said Hans Giner, Loral Orion-Asia Pacific president. "Businesses in Australasia and across Asia require reliable, advanced solutions to harness the power of the Internet. Loral Orion currently provides WorldCast Internet services to several ISPs in the Asia-Pacific region, from the Philippines to Indonesia and Nepal. These Asian ISPs expand Loral Orion's Internet business, which currently serves customers throughout Europe and Latin America." Loral Orion delivers WorldCast Internet services that meet and exceed corporate demands for access to Internet data worldwide, for faster downloads of information, and for delivery of all types of multimedia content. The OzEmail network provided by Loral Orion delivers the benefits of high-capacity data delivery as it matches the asymmetric nature of the Internet. Loral Orion established its operations in the Asia-Pacific region in early 1998 to deliver advanced telecommunications services for corporate and ISP customers. In the fall of 1998, Loral Orion formed a joint venture, called Loral Orion-India Ltd., to respond to the new ISP market and the growing demand for data from the United States. OzEmail (NASDAQ: OZEMY, ASX: OZM) is the leading provider of comprehensive Internet services in Australia. The company's Internet services are designed to meet the different needs of its residential and enterprise customers ranging from low cost dial up to high performance, continuous access services integrating the company's ISDN offering and consulting expertise. Loral Orion, based in Rockville, Md., is a subsidiary of Loral Space & Communications. Loral Orion is a data services company focused on providing global Internet access, data networking and content delivery services. In addition to offering a variety of satellite-based Internet services to ISPs and multinational businesses worldwide, Loral Orion provides managed network services to corporate customers around the globe. Services include data networking, voice, video, teleconferencing and news distribution to multiple points worldwide. For more information, visit Loral Orion's Web site at loralorion.com. Loral Space & Communications is a high technology company that primarily concentrates on satellite manufacturing and satellite-based services, including transponder leasing and value-added services, domestic and international corporate data networks, global wireless telephony, broadband data transmission and content services, Internet services, and international direct-to-home satellite services. For more information, visit Loral's web site at loral.com M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR INFORMATION PROVIDED WITHIN M2 PRESSWIRE. DATA SUPPLIED BY NAMED PARTY/PARTIES. Headlines Next Story LOR OZEMY V%M2 P%M2PR