New High Powered Satellite to Support Growing Demand For Direct-to-Home
TV Services in North America
OTTAWA, Aug. 17 /CNW/ - Telesat, the world's fourth largest fixed
satellite services operator, announced today that its new Nimiq 5 satellite is
scheduled to launch on an ILS Proton vehicle from the Baikonur Cosmodrome in
Kazakhstan on September 18, 2009 (September 17th in Ottawa).
Nimiq 5 will utilize 32 high powered Ku-band transponders and the latest
in satellite technology to deliver a wide range of high-definition and
direct-to-home television services across a broad footprint covering Canada
and the United States. Based on Space Systems/ Loral's proven 1300 platform,
Nimiq 5 has a planned 15-year mission life and will operate in geostationary
orbit from 72.7 degrees West.
The capacity on Nimiq 5 is fully pre-sold and the satellite is expected
to commence service prior to the end of the fourth quarter of this year.
About Telesat (www.telesat.com)
Headquartered in Ottawa, Canada, with offices and facilities around the
world, Telesat is the fourth-largest fixed satellite services operator. The
company provides reliable and secure satellite-delivered communications
solutions to broadcast, telecom, corporate and government customers. Telesat
has a global state-of-the-art fleet of 11 in-orbit satellites, has one
satellite scheduled for launch with another under construction, and manages
the operations of 13 additional satellites for third parties. Telesat is
privately held. Its principal shareholders are Canada's Public Sector Pension
Investment Board and Loral Space & Communications Inc.
Forward-Looking Statements Safe Harbour
This news release contains statements that are not based on historical
fact and are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. When used in this news release, the
words "scheduled for", "planned", "will", or "expected" 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. Detailed
information about some of the known risks and uncertainties is included in the
"Risk Factors" section of Telesat's final prospectus filed with the United
States Securities and Exchange Commission (SEC) on June 29, 2009. Readers are
specifically referred to that document, as well as Telesat's other filings
with the SEC which can be obtained on the SEC's website at http://www.sec.gov.
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 and risks associated with domestic and foreign
government regulation. The foregoing list of important factors is not
exclusive. The information contained in this news release reflects Telesat's
beliefs, assumptions, intentions, plans and expectations as of the date of
this news release. Telesat disclaims any obligation or undertaking to update
or revise the information herein.
For further information:
For further information: Vanessa Brûlé, Telesat, (613) 748-8700 ext.