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U.S./Russian Venture Announces 1st Satellite Launch


Sunnyvale - March 16, 1998 -
Martin Intersputnik Ltd, a joint venture between Lockheed Martin Corporation and the Intersputnik International Organization of Space Communications, announced today that the launch of its first satellite, LMI-1, will take place in the latter half of December, 1998.

Lockheed Martin Intersputnik revealed the details of their launch at Lockheed Martin's Sunnyvale, California facility during a visit by Vice President Al Gore and Russian Prime Minister Viktor Chernomyrdin to view an exhibition of successful U.S./Russian joint ventures.

LMI-1, a Lockheed Martin state-of-the-art A2100 model, will be the first satellite to provide high performance, long life communications capacity to all of the Commonwealth of Independent States, in addition to Eastern Europe, South Asia, and Africa. LMI-1 will be launched on a Proton vehicle by ILS International Launch Services and will be located at 75 degrees east. This satellite features 44 high-powered transponders in C and Ku band frequencies with a designated 15-year service life.

LMI's president and chief executive officer, James Beitchman, believes LMI's offer is unique in its scope in both the coverage provided and in the range of services offered.

``LMI answers the communications needs of a wide audience with a variety of services tailored to differing end users, including newly established international networks, telecommunications infrastructures, business networks, and individual homes. Our first satellite will serve rapidly developing regions such as Russia,'' said Beitchman.

Initially, LMI-1 will provide broadcasting and telecommunications transmission capacity, VSAT, and video and data distribution to underserved areas and will expand to provide a full range of services including direct-to-home TV, direct radio, and mobile communications on a global scale. LMI will achieve its global coverage through the 15 orbital satellite slots provided by Intersputnik. A second satellite launch is planned for 1999 and two subsequent launches are planned for 2000 and 2001.

About Intersputnik

Intersputnik is an international intergovernmental organization which operates a satellite communications system and provides international, regional, and domestic communications worldwide. The organization was established more than 25 years ago and has 23 member countries. Intersputnik has built long-term relationships with many broadcasters and telecommunications operators worldwide.

Throughout its history, Intersputnik has provided its customers in the Atlantic, Indian, and Pacific regions with a wide range of telecommunications services including voice, data, television, and audio broadcasting in international, domestic, and regional public networks, as well as the establishment of video-conferencing and business communications networks. Because the service area of LMI-1 is oriented toward Intersputnik markets, Intersputnik is playing a major role in the marketing and customer service activities of LMI-1, the first LMI satellite.

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