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Corporate Profile for PanAmSat, Jan. 24, 1997.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. .

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Published Date:   Jan. 24, 1997

Company Name:     PanAmSat Corporation

Address:          One Pickwick Plaza
                  Greenwich, Conn. 06830

Main Telephone
 Number:          203/622-6664

Chief Executive
 Officer:         Frederick A. Landman

Chief Financial
 Officer:         Patrick Costello

Investor Relations
 Contact:         Kevin Burgoyne
 Business number: 203/622-6664

Public Relations
 Contact:         Rebecca Petruck
 Business number: 203/622-6664
 e-mail address:  petruckr@grn.panamsat.com or 203/622-9163
URL Address:      www.panamsat.com

Trading Symbol:   SPOT

Industry:         Satellite Services Provider





Company description: PanAmSat is the world's first private-sector company to provide global satellite services. It offers satellite-based video and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another.  services to hundreds of customers worldwide. The company currently operates a four-satellite global system: PAS-1 and PAS-3 over the Atlantic Ocean Atlantic Ocean [Lat.,=of Atlas], second largest ocean (c.31,800,000 sq mi/82,362,000 sq km; c.36,000,000 sq mi/93,240,000 sq km with marginal seas). Physical Geography
Extent and Seas
 Region; PAS-2 over the Pacific Ocean Region; and PAS-4 over the Indian Ocean Region. The company plans to launch four additional satellites by early 1998, which will enable it to operate multiple satellites in each ocean region worldwide. The next launch will deploy the PAS-6 Atlantic Ocean Region satellite in March/April 1997. PanAmSat common stock is quoted on the Nasdaq National Market under the ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 SPOT. In September 1996, PanAmSat and Hughes Electronics Corporation announced an agreement to merge their respective fixed satellite services operations into a new publicly held company.

CONTACT: PanAmSat Corporation
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 24, 1997
Words:286
Previous Article:Corporate Profile for CPC International Inc., dated Friday, Jan. 24, 1997.
Next Article:Corporate Profile for Verimation Inc. dated Jan. 24, 1997.
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