Loral to Provide Satellite Service to Hughes Network Systems On Satmex 5.Business Editors BEDMINSTER, N.J.--(BUSINESS WIRE)--Feb. 23, 2000 Loral Space & Communications (NYSE NYSE See: New York Stock Exchange :LOR LOR Letter Of Reprimand (military) LoR Lord of the Rings (J.R.R. Tolkien) LOR Learning Object Repository LOR Linux.Org. ) and Hughes Network Systems Hughes Network Systems, LLC (HNS), is a provider of broadband satellite network products for businesses and consumers. HNS pioneered the development of high-speed satellite Internet access services and IP-based networks with its original DirecPC service but which it now markets (HNS HNS Hughes Network Systems LLC HNS Hrvatski Nogometni Savez (Croatian Football Federation) HNS Head & Neck Surgery HNS Hughes Network Systems, Inc. ) Broadcast Product and Services Division today announced they have reached an agreement to provide satellite capacity for HNS' DirecPC service to be delivered throughout the Americas using Loral Global Alliance satellite capacity. HNS Broadcast Products and Services Division will lease a total of 10-Ku band, 36 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. transponders on Satmex 5 through the year 2005, which will be used for DirecPC, its high-speed Internet access service via satellite. The agreement with HNS is one of the largest contracts for the Loral Global Alliance to date. "HNS is an important addition to the many customers that use the Loral Global Alliance fleet for global data services, including Internet access," said Terry Hart, president of Loral Skynet which leads the Alliance. "We look forward to continuing our long-term relationship with HNS as it expands its services worldwide through the Loral Global Alliance." Commenting on today's announcement, Lauro Gonzalez, Satmex chief executive officer said, "This contract reaffirms the position of Satmex as a leading satellite communications provider in the Americas." "Satellite is an ideal solution for delivering high-speed Internet access, and there is a great demand for Hughes' DirecPC service," said Dave Zatloukal, assistant vice president of HNS Broadcast Products and Services Division. "We are pleased to expand the reach of DirecPC using the Loral Global Alliance fleet, which will enable more users to cost-effectively retrieve or deliver high-bandwidth information at the fastest speeds." Satmex 5 is the fifth commercial satellite for Mexico and the first Mexican commercial satellite launched since its privatization. Satmex 5, launched on December 5, 1998, is a geosynchronous satellite, operating at 116.8 degrees West Longitude. Based in Mexico City, Satmex delivers voice, data, video and Internet services, via its three-satellite fleet: Solidaridad 1, Solidaridad 2 and Satmex 5. Loral Skynet and Satmex are members of the Loral Global Alliance, which offers its customers the advantages of a worldwide network of satellite capacity currently on the ten-satellite Telstar fleet and the three-satellite Satelites Mexicanos, S.A. de C.V. (Satmex) fleet, as well as on future Europe Star and Brazil satellites. Each Alliance member provides global satellite solutions, while focusing on the local and inter-regional needs within its coverage areas. For more information, visit the Satmex Web site at www.satmex.com or the Loral Skynet Web site at www.loralskynet.com. Loral Space & Communications is a high technology company that concentrates primarily on satellite manufacturing and satellite-based services, including broadcast transponder leasing and value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. 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 www.loral.com. A world leader in satellite products and network systems for more than 25 years, HNS is a leading manufacturer of DirecTV systems and the provider of the award-winning DirecPC satellite Internet service. In addition, HNS is the global VSAT (Very Small Aperture satellite Terminal) A small earth station for satellite transmission that handles up to 56 Kbits/sec of digital transmission. VSATs that handle the T1 data rate (up to 1.544 Mbits/sec) are called "TSATs. (very small aperture terminal (communications) Very Small Aperture Terminal - (VSAT) A kind of ground station used to contact a communications satellite such as INMARSAT. ) market leader and has shipped more than 30,000 interactive and one-way terminals. Headquartered in Germantown, MD, the company has sales and support offices worldwide. HNS is a unit of Hughes Electronics Corporation and an ISO- iso- or is- pref. 1. Equal; uniform: isobar. 2. Isomeric: isopropyl. 3. 9001-certified manufacturer. The earnings of Hughes Electronics are used to calculate the earnings per share attributable to GMH GMH General Motors Holden's common stock. DirecPC is a registered trademark of Hughes Electronics Corporation. |
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