|[February 14, 2013]
Satélites Mexicanos and International Launch Services Announce Satmex 8 Launch Date
MEXICO CITY & RESTON, Va. --(Business Wire)--
Satélites Mexicanos, S.A. de C.V. ("Satmex") and International Launch
Services (ILS) announced today the ILS Proton launch date for its C- and
Ku- band satellite, Satmex 8, has been scheduled for March 27
(March 26 EST), 2013 from the Baikonur Cosmodrome in Baikonur, Kazakhstan.
The deployment of Satmex 8 is expected to facilitate a timely and
seamless transition of customers from Satmex 5 to the new satellite.
The Satmex 8 launch, previously planned for December 28, 2012, was
postponed due to an anomaly experienced by the Proton Breeze M launch
vehicle on December 8, 2012. As part of the return to flight process,
Satmex participated in the ILS Failure Review Oversight Board (FROB)
review which recently concluded. The required corrective actions to
prevent future recurrence of the anomaly have been started and are on
schedule to support the new launch date.
Satélites Mexicanos ("Satmex") is a significant provider of fixed
satellite services ("FSS") in the Americas, providing coverage of more
than 90% of the population of the region. As one of only two
privately-managed FSS providers based in Latin America, Satmex (together
with its predecessos) has designed, procured, launched and operated
three generations of satellites over a 25-year period. Satmex's current
fleet is comprised of three satellites in highly attractive, contiguous
orbital slots that enable its customers to effectively serve their
entire coverage footprint utilizing a single satellite connection.
For further information, visit www.satmex.com
ILS is a leader in providing launch services for global satellite
operators and offers a complete array of services and support, from
contract signing through mission management and on-orbit delivery. ILS
has exclusive rights to market the Proton vehicle to commercial
satellite operators worldwide and is a U.S. company headquartered in
Reston, VA., near Washington, D.C.
For further information, visit www.ilslaunch.com.
Safe Harbor and Forward-Looking Statements
This press release contains forward-looking statements. All
forward-looking statements in this news release reflect Satmex's current
analysis of existing facts and information and represent Satmex's
judgment only as of the date of this news release. Actual events or
results might differ materially from these statements due to risks and
uncertainties. Among other things, Satmex cannot be certain of the
amount of expenditures that ultimately will be required to build and
launch Satmex 8, the successful completion of the Satmex 8 program or
the effect of any such events or matters on Satmex's customers,
financial condition and results of operations. Satmex expressly
disclaims any intent or obligation to update these forward-looking
statements, except as required by law. For a discussion of certain of
the risks, uncertainties and other factors affecting the statements
contained in this news release, see the Company's Annual Report on Form
20-F for the year ended December 31, 2010 and subsequent Periodic
Reports on Form 6-K.
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