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March 15, 2011
Intelsat Picks MacDonald, Dettwiler and Associates Ltd. for Satellite Servicing
Luxembourg and Vancouver, BC - Intelsat S.A., the world's leading provider of fixed
satellite services, announced today that it has entered into an agreement with MacDonald,
Dettwiler and Associates Ltd. ("MDA") for the servicing of Intelsat's on-orbit satellites
via a space-based service vehicle to be provided by MDA. The innovative technology
has the potential to extend the useful lives of Intelsat's satellites and enhance
in-orbit reliability. The services provided by MDA to Intelsat under this agreement
are valued at more than US$280 million over the timeframe during which services
will be delivered.
MDA plans to launch its Space Infrastructure Servicing ("SIS") vehicle into near
geosynchronous orbit, where it will service commercial and government satellites
in need of additional fuel, re-positioning or other maintenance. MDA has selected
Intelsat General Corporation as its exclusive channel to bring on-orbit services
to the US Government.
The SIS vehicle is expected to be the first of its kind, utilizing a sophisticated
robotics and docking system. This system will be based on work that MDA has previously
performed for NASA, the Canadian Space Agency and various Department of Defense
agencies. The SIS vehicle's robotic arm will not only be used in refueling, but
could also be used to perform critical maintenance and repair tasks, such as releasing
jammed deployable arrays and stabilizing or towing smaller space objects or debris.
Intelsat, the world's largest operator of commercial satellites in the geosynchronous
arc, is expected to provide flight operations support for the SIS vehicle for the
life of the mission.
Under the terms of the agreement, MDA and Intelsat will work together to finalize
specifications and other requirements over the next six months before both parties
authorize the build phase of the program. The first refueling mission is to be available
3.5 years following the commencement of the build phase.
"On-orbit refueling and servicing is a game-changing innovation," said Thierry Guillemin,
Chief Technical Officer of Intelsat. "It is important for Intelsat, managing the
largest commercial satellite fleet, to support technologies and tools that expand
our capabilities in space. We intend to implement this technology as a tool in fleet
management that will improve operational reliability, increase the return on our
on-orbit assets, ensure good stewardship of the space environment and deliver this
increased flexibility to our government customers as well."
"We are very pleased to have Intelsat, the world's leading provider of fixed satellite
services, as the anchor customer for our new SIS offering and our partner in accessing
the US government market," said Dan Friedmann, President and CEO of MDA. "There
is a clear need to service the world's space infrastructure, both commercial and
government. The combination of MDA's unparalleled and proven space servicing capabilities
and Intelsat's commercial and government market presence is a good way to get this
new service off the ground."
To access an animation of how the on-orbit refueling process will work, please visit
the following link:
http://www.mdacorporation.com/corporate/news/press/ServiceMission.cfm
Media attending SATELLITE 2011 are encouraged to attend Intelsat's press briefing
in Room 103B at the Washington Convention Center. The event takes place Tuesday,
March 15, 11am - noon, and will be attended by Intelsat CEO Dave McGlade, CTO Thierry
Guillemin, Intelsat General Corporation President Kay Sears, and MDA Vice President
Steve Oldham.
MDA will host a conference call and webcast at 6:30 a.m. PDT (9:30 a.m. EDT), featuring
remarks by Dan Friedmann, president and CEO, and Anil Wirasekara, executive vice-president
and CFO. A slide presentation will be available for viewing during the conference
call and webcast. To access this slide presentation, please visit the following
link:
http://w.on24.com/r.htm?e=296742&s=1&k=56772B2FEB41E13D9B4A98B540A973C4
Following the presentation, there will be an interactive question and answer session.
To participate, please call the conference line approximately five minutes prior
to the commencement of the call:
Conference Call Dial-In Numbers:
US/Canada: 1-888-231-8191
International: 1-647-427-7450
Instant Replay
Toll Free: 1-800-642-1687
Toronto: 1-416-849-0833
Password: 51536071
The conference call will be archived at:
http://www.mdacorporation.com/corporate/investor/events.cfm
About Intelsat
Intelsat is the leading provider of fixed satellite services worldwide. For over
45 years, Intelsat has been delivering information and entertainment for many of
the world's leading media and network companies, multinational corporations, Internet
Service Providers and governmental agencies. Intelsat's satellite, teleport and
fiber infrastructure is unmatched in the industry, setting the standard for transmissions
of video, data and voice services. From the globalization of content and the proliferation
of HD, to the expansion of cellular networks and broadband access, with Intelsat,
advanced communications anywhere in the world are closer, by far.
Intelsat Safe Harbor Statement
Some of the statements in this news release constitute "forward-looking statements"
that do not directly or exclusively relate to historical facts. The forward-looking
statements made in this release, reflect Intelsat's intentions, plans, expectations,
assumptions and beliefs about future events and are subject to risks, including
known and unknown risks. Detailed information about some of the known risks is included
in Intelsat's annual report on Form 10-K for the year ended 31 December 2010 and
Intelsat's other periodic reports filed with the U.S. Securities and Exchange Commission.
Because actual results could differ materially from Intelsat's intentions, plans,
expectations, assumptions and beliefs about the future, you are urged to view all
forward-looking statements contained in this news release with caution. Intelsat
does not undertake any obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
About MDA
MDA provides advanced information solutions that capture and process vast amounts
of data, produce essential information, and improve the decision making and operational
performance of business and government organizations worldwide.
Focused on markets and customers with strong repeat business potential, MDA delivers
a broad spectrum of information solutions, ranging from complex operational systems,
to tailored information services, to electronic information products.
The Company's common shares trade on the Toronto Stock Exchange under the symbol
TSX:MDA.
Related Websites:
www.intelsat.com
www.mdacorporation.com
Forward-Looking Statements
This release contains forward-looking statements and information, which reflect
the current view of MacDonald, Dettwiler and Associates Ltd. ("MDA") with respect
to future events and financial performance. The forward-looking statements in this
regard include statements regarding an inspection of a nuclear reactor by one of
MDA's robotics solutions (the "Solution"). Any such forward-looking statements are
based on MDA's current expectations, estimates, projections and assumptions in light
of its experience and its perception of historical trends. The factors and assumptions
underlying the forward-looking statements in this release include the Solution performing
as expected. Any such forward-looking statements are subject to a number of risks
and uncertainties that could cause actual results to differ materially from current
expectations. MDA cautions readers that should certain risks or uncertainties materialize,
or should underlying assumptions prove incorrect, actual results may vary significantly
from those expected. The risks that could cause actual results to differ from current
expectations include general economic, regulations and competitor changes; changes
in government priorities, funding levels, contracts and regulations; failure of
robotic solutions to meet performance requirements; and failure to anticipate changes
in technology, technical standards or comply with the requisite standards.
For additional information with respect to certain of these risks or factors, plus
additional risks or factors, reference should be made to MDA's continuous disclosure
materials filed from time to time with Canadian securities regulatory authorities,
which are available online at www.sedar.com or on MDA's website at www.mdacorporation.com
The Toronto Stock Exchange has neither approved nor disapproved the form or content
of this release.
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