SSL President Honored at World Space Risk Forum

Mr. Celli has dedicated his entire career to meeting the demand for advanced satellite capability through improved technology and reliability. He has spent nearly 35 years in increasingly responsible positions at SSL, where he steered the company through numerous milestones and achievements, including the world's first high throughput satellite, the world's first 20-kW satellite, and multiple advances in antenna technologies and satellite data handling systems. Under his direction, SSL became the leading provider of commercial communications satellites and has maintained this position with roughly 30 percent market share for the past ten years.

Over the course of his career, Mr. Celli has worked closely with most of the world's leading satellite operators. He has earned broad industry respect for his integrity and commitment to quality. He believes that the key to SSL's long-term success is in meeting its commitments, the performance of its satellites on orbit, and its employees.

"After careful consideration, the WSRF Planning Committee unanimously agreed that Mr. Celli's dedication and commitment to the space industry, as well as his willingness to educate and share his wisdom, makes him the perfect candidate for this award," said Chris Kunstadter, Chairman of WSRF.

SSL provides complex spacecraft that are used by companies around the globe, to provide news and entertainment, emergency services, and connectivity for economic development in remote regions. SSL also builds small satellites for services such as Earth observation, and develops innovative space systems such as the propulsion system for a NASA moon mission and robotics for spacecraft assembly in space. 

About WSRF
The World Space Risk Forum (WSRF) was created in 2010 as a forum for the global space community to better understand the new technologies and innovations being developed in the industry, with the goal of finding ways to best mitigate risks, and supporting efforts which aim to make space a safer place to do business. The WSRF conference is held every two years in Dubai.

About SSL
Space Systems Loral (SSL) is a leading provider of commercial satellites with broad expertise to support satellite operators and innovative space related missions. The company designs and manufactures spacecraft for services such as direct-to-home television, video content distribution, broadband internet, mobile communications, and Earth observation. As a Silicon Valley innovator for more than 50 years, SSL's advanced product line also includes state-of-the-art small satellites, and sophisticated robotics and automation solutions for remote operations.  For more information, visit www.sslmda.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.

SOURCE SSL