SOURCE: Loral Skynet

November 07, 2005 10:17 ET

Loral Skynet to Provide Distance Learning Application for Brazil's Universidade de Santo Amaro

Ku-band E-Learning Project to Cover 30 Cities Across Brazil

BEDMINSTER, NJ -- (MARKET WIRE) -- November 7, 2005 -- Loral Skynet today announced that Brazil's Universidade de Santo Amaro (UNISA), São Paulo, has selected Loral Skynet do Brasil to support its UNISA Digital distance learning initiative using Skynet's Ku-band Estrela do Sul-1 satellite.

Beginning shortly, UNISA's service will make available a wide array of general and technical courses at four locations, expanding to over 100 locations throughout Brazil by February 2006. Courses will originate from UNISA's main campus in São Paulo using the Estrela do Sul-1 satellite as the communications platform for thousands of students using UNISA's interactive, e-learning application.

"In what was once an all C-band market, Brazilian organizations are more and more often turning to Ku-band to meet their satellite communications requirements," said Patrick K. Brant, president, Loral Skynet. "Skynet's agreement with UNISA Digital will provide thousands of Brazilians with access to affordable, high-quality education regardless of their location."

The UNISA Digital project employs local mini-colleges, called Poles, which manage the academic activities in each community. The Poles have facilities for classroom teaching, IT lab access and a connection to the UNISA system. Most of the curriculum is e-learning with multimedia and class recordings from studios in São Paulo.

"The UNISA Digital project combines broad academic expertise and technological functionality to deliver valuable learning resources to a geographically dispersed student population," said Gildo Manzi, UNISA Technology Manager. "Loral's Estrela do Sul-1 satellite provides UNISA with a strong Ku-band footprint across all of Brazil and allows the University to provide students with a wide range of affordable and accessible educational opportunities."

Loral Skynet do Brasil was the first private Brazilian satellite company to offer Ku-band satellite services. Using Loral's Telstar 14/Estrela do Sul-1 satellite, the company provides fixed satellite services in Brazil and South America. The company has a ground station in Rio de Janeiro that provides tracking, telemetry, and control and access management from in-country technical staff.

A pioneer in the satellite industry, Loral Skynet delivers the superior service quality and range of satellite solutions that have made it an industry leader for more than 40 years. Through the broad coverage of the Telstar satellite fleet, in combination with its hybrid VSAT/fiber global network infrastructure, Skynet meets the needs of companies around the world for broadcast and data network services, Internet access, IP and systems integration. Headquartered in Bedminster, New Jersey, Loral Skynet is dedicated to providing secure, high-quality connectivity and communications. For more information, visit the Loral Skynet web site at www.loralskynet.com.

In addition to being the parent company of Loral Skynet, Loral Space & Communications is a world-class leader in the design and manufacture of satellites and satellite systems for commercial and government applications through its Space Systems/Loral subsidiary. For more information, visit the Loral Space & Communications web site at www.loral.com.

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, Loral Space & Communications Ltd. or its representatives have made or may make forward-looking statements, orally or in writing, which may be included in, but are not limited to, various filings made by the company with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions. These factors include those related to the filing, on July 15, 2003 by Loral and certain of its subsidiaries, of voluntary petitions for reorganization under chapter 11 of title 11 of the United States Code in the United States District Court for the Southern District of New York and parallel insolvency proceedings in the Supreme Court of Bermuda in which certain partners of KPMG were appointed as joint provisional liquidators. Additional factors and conditions are also described in the section of the company's annual report on Form 10-K for the fiscal year ended December 31, 2004, entitled "Commitments and Contingencies," and the company's other filings with the Securities and Exchange Commission. The reader is specifically referred to these documents.

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