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RICHARD CURRIER JOINS SSL AS SENIOR VP OF MARKETING AND SALES

PALO ALTO, California – February 19, 2013 – Space Systems/Loral (SSL), the world’s leading provider of commercial satellites, today announced that Richard Currier has assumed the role of Senior Vice President of Marketing and Sales. Mr. Currier will be responsible for all of SSL’s commercial sales and marketing activity around the globe, including activity in more than 25 countries in the Americas, Asia, and Europe.  

He succeeds Arnold Friedman, who has left the company to pursue other interests after 15 years of invaluable service that lead to the company’s current position as the industry leader. 

Mr. Currier brings a deep understanding of how satellite businesses work with more than 30 years of experience in the industry. He joins SSL after spending 15 years at Loral Space & Communications where he last served as Vice President and Chief Technology Officer. 

With engineering degrees from Princeton and Stanford, Mr. Currier began his career at AT&T Bell Labs doing satellite communications research. His satellite work led him into AT&T Skynet, which was acquired by Loral. He became President and COO of Loral Skynet in 2007, and guided the company through the merger of the Skynet and Telesat businesses.

“Rich’s deep knowledge of the satellite industry, its technical aspects, and the business dynamics associated with it, will greatly benefit SSL in its continuous pursuit of growth and market leadership,” said John Celli, president of SSL.

About SSL
SSL has a long history of delivering reliable satellites and spacecraft systems for commercial and government customers around the world. As the world’s leading provider of commercial satellites, the company works closely with satellite operators to provide spacecraft for a broad range of services including television and radio distribution, digital audio radio, broadband Internet, and mobile communications. Billions of people around the world depend on SSL satellites every day. For more information, visit www.ssloral.com.

Forward-Looking Statements
This news release contains forward-looking statements and information, which reflect the current view of Space Systems/Loral (SSL) with respect to future events and financial performance.  When used in this news release, the words “believes”, “expects”, “plans”, “may”, “will”, “would”, “could”, “should”, “anticipates”, “estimates”, “project”, “intend” or “outlook” or other variations of these words or other similar expressions are intended to identify forward-looking statements and information. Actual results may differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown risks and uncertainties. Known risks and uncertainties include but are not limited to: risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures or impaired satellite performance; risks associated with satellite manufacturing, including competition, cyclicality of SSL’s end-user markets, contractual risks, creditworthiness of customers, performance of suppliers and management of SSL’s factory and personnel; risk associated with financial factors such as volatility in exchange rates, increases in interest rates, restrictions on access to capital, and swings in global financial markets; risks associated with domestic and foreign government regulation, including export controls and economic sanctions; and other risks, including litigation. The foregoing list of important factors is not exhaustive. The information contained in this news release reflects SSL’s beliefs, assumptions, intentions, plans and expectations as of the date of this news release. Except as required by law, SSL disclaims any obligation or undertaking to update or revise the information herein.

Media Contact:
Wendy Lewis
SSL
+1 (650) 852-5188