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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (41467)	5/24/1999 5:48:00 PM
From: John Rieman	Respond to of 50808

ExpressVu is a Divicom customer. They need more encoders............ Friday May 21, 6:02 am Eastern Time Company Press Release Telesat Launches New Canadian High-Power Direct Broadcast Satellite Nimiq will expand the frontiers of Canadian television from coast to coast BAIKONUR, Kazakhstan--(BUSINESS WIRE)--May 21, 1999-- Telesat today celebrated the successful launch of Nimiq -- Canada's new direct broadcast satellite, and the most powerful satellite Canada has ever sent into space. When it goes into service in July, Telesat's Nimiq will be capable of carrying hundreds of channels of direct-to-home satellite television to Canadians from coast to coast, dramatically expanding the frontiers of home entertainment. ''The launch of Telesat's Nimiq satellite marks a major milestone in the history of Canadian broadcasting,'' said Larry Boisvert, Telesat's president a nd CEO. ''Nimiq will ensure that our nation enters the 21st century with a satellite broadcasting system that's second to none.'' Nimiq is Telesat's twelfth satellite, and the first to be launched since the Anik Es in 1991. The new satellite, manufactured by Lockheed Martin Telecommunications, was launched on a Proton rocket from the Baikonur Cosmodrome at 4:30 am local time in Kazakhstan. International Launch Services (ILS) provided mission management for the launch, using a team of Russian and American specialists. The launch proceeded smoothly, and Telesat received word of the successful separation of the spacecraft approximately six hours later. Deployment of antennas and solar arrays will occur approximately eight days after launch as the spacecraft approaches its final orbital position. Nimiq will then undergo in-orbit testing and, by mid-June, Telesat will be in a position to confirm the beginning of commercial service. The primary customer on Telesat's Nimiq satellite will be Bell ExpressVu, which will use the satellite to enhance its direct-to-home television service across Canada. Nimiq will give Bell ExpressVu the ability to broadcast to an 18-inch dish and significantly expand its programming line-up. About Telesat Telesat is the world's most experienced satellite operator, celebrating thirty years in business this fall. The company made history in 1972 with the launch of the first domestic commercial communications satellite in stationary orbit above the earth -- an event that inaugurated the global age of satellite communications. Telesat now provides telecommunications and broadcast distribution services in the Americas, and is a leading consultant, operator and partner in satellite ventures around the globe. More information is available on Telesat's Web site (www.telesat.ca). Telesat is a member of the BCE Media group and a wholly owned subsidiary of BCE Inc., one of the world's leading telecommunications companies. -------------------------------------------------------------------------------- Contact: Environics Communications Ben Trounson, 203/325-8772, Ext. 16 btrounson@environics-usa.com or Telesat Dennis Billard, 613/748-0123