Boeing to Ship Powerful PanAmSat Communications Satellite to Sea Launch

The high-capacity Boeing-built Galaxy IIIC satellite will be shipped next week to Sea Launch Home Port in Long Beach, Calif. It will provide widespread Internet, television, voice and data services to areas of the United States and Latin America.

The Boeing 702 satellite will undergo final preparations for its planned late May launch from the Odyssey Launch Platform. Galaxy IIIC is the third Boeing 702 satellite built and delivered by Boeing Space and Communications (S&C), a unit of The Boeing Company [NYSE: BA], for PanAmSat Corporation of Wilton, Conn. It is the second satellite Sea Launch will deploy in orbit for PanAmSat.

"Galaxy IIIC is one of the most powerful commercial satellites ever manufactured and we are very confident it will help PanAmSat continue to grow its business," said Randy Brinkley, president of Boeing Satellite Systems, the satellite manufacturing arm of Boeing S&C. "We've made the quality of our spacecraft the focus that drives every decision we make. This new Boeing 702 reflects the rigorous testing, systems engineering and measured control of new technology insertion that is central to our business strategy."

Galaxy IIIC will operate dual frequencies and includes 24 C-band transponders and 53 Ku-band transponders. The satellite's C-band payload will transmit general telecommunications traffic such as voice, data and television relay. The Ku-band transponders will transmit direct-to-user services such as cable television systems and Internet capabilities.

PanAmSat Corporation [NASDAQ: SPOT] is a leading provider of global video and data broadcasting services via satellite. The company builds, owns and operates networks that deliver entertainment and information to cable television systems, television broadcast affiliates, direct-to-home operators, Internet service providers, telecommunications companies and corporations.

Sea Launch Company, LLC, headquartered in Long Beach, Calif., is the world's only ocean-based, equatorial launch service. The international partnership of Boeing (U.S.), Energia (Russia), Yuzhmash/Yuzhnoye (Ukraine) and the Anglo-Norwegian Kvaerner Group (Norway) provides reliable, affordable, high performance launch services for commercial payloads in the 4,500-6,000 kilogram range to geosynchronous transfer orbit (GTO) with the Zenit-3SL vehicle.

Boeing S&C, headquartered in Seal Beach, Calif., is the world's largest space and communications company. A unit of The Boeing Company, S&C provides integrated solutions in launch services, human space flight and exploration, missile defense, and information and communications. It is NASA's largest contractor; a leading provider of space-based communications; the primary systems integrator for U.S. missile defense; and a leading provider of intelligence, surveillance and reconnaissance. The global enterprise has customers worldwide and manufacturing operations throughout the United States and Australia.

For further information:
Diana Ball
310 662-7473
Ann Beach
Paula Korn
562 499-4729