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Loral Skynet Introduces New SkyReach VoIP Service in Asia with Go2Call

20 June 2006

Loral Skynet, a subsidiary of Loral Space & Communications (Nasdaq: LORL), and Go2Call, a pioneer in the Voice-over-IP (VoIP) services industry, today announced here at the CommunicAsia 2006 show that they have formed a strategic relationship to provide VoIP services in Asia to telecommunications and ISP/Broadband carriers, businesses and government organizations.


The agreement allows Skynet to combine its global Telstar satellite fleet and networked SkyReach(SM) IP-based service platform with Go2Call's unique VoIP phone technology. This combination will offer customers faster implementation of carrier-grade platforms without investment in full VoIP infrastructures.


Participants at CommunicAsia are invited to experience the service by placing free VoIP phone calls anywhere in the world -- via Telstar 10 and Go2Call phones -- at Skynet's hospitality suite at the Singapore Expo Center, Hall 6, Suite N6A.


"Voice-over-IP is reshaping the telecommunications landscape as we speak," said Patrick Brant, president of Loral Skynet. "Our relationship with Go2Call will offer our customers in Asia an unbeatable combination of operational cost-savings and increased speed of implementation."


"Now already seven years old, Go2Call's award-winning technology is proven and has enabled more than 200 service providers to launch VoIP services in more than 100 countries around the globe," said David Kleiman, Go2Call director of sales for Asia-Pacific and Europe. "By joining forces with Loral Skynet, we will accelerate and expand our customers' reach throughout the region via the dedicated Telstar satellite fleet."


VoIP solutions are particularly well-suited to the current business environment because they can be either comprehensive or modular. The Skynet/Go2Call relationship provides a comprehensive, turnkey and custom-tailored solution with a full suite of applications which expand existing services or provide a key feature(s) on a new VoIP service implementation. The Skynet/Go2Call solution is fully-hosted at the back end, which reduces delay risks and eliminates the upfront capital and operational expenditures required to build infrastructure.


Patrick Brant continued, "This relationship allows our customers to focus their time and resources on growing their businesses and achieving their sales and marketing objectives. The combination of our global Telstar satellite resources and network infrastructure, seamlessly integrated with an established and highly respected VoIP service provider like Go2Call, will provide a very efficient means to implement service for the fast growing Asian VoIP market."


Recognized worldwide as a leader in the VoIP industry, Go2Call delivers turnkey VoIP solutions that meet the diverse needs of service providers, including PTTs/Telecom Carriers, ISPs/Broadband Providers and Licensed VoIP Operators. The award-winning Go2Call Platform enables customers to provide powerful and lucrative VoIP services while building brand equity and reducing implementation costs and time frames. Since 1998, Go2Call has enabled more than 200 service providers to launch VoIP services in nearly 100 countries around the globe. For more information, visit http://www.go2call.com.


A pioneer in the satellite industry, Loral Skynet delivers the superior service quality and range of satellite and global network service solutions that have made it an industry leader for more than 40 years. Through the broad coverage of the Telstar satellite fleet, in combination with its global fiber network infrastructure, Skynet meets the needs of companies around the world for broadcast and data network services, Internet access, IP and systems integration. For more information, visit the Loral Skynet web site at http://www.loralskynet.com.


In addition to being the parent company of Loral Skynet, Loral Space & Communications is a world-class leader in the design and manufacture of satellites and satellite systems for commercial and government applications through its Space Systems/Loral subsidiary. For more information, visit the Loral Space & Communications web site at http://www.loral.com.


This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, Loral Space & Communications Inc. or its representatives have made or may make forward-looking statements, orally or in writing, which may be included in, but are not limited to, various filings made from time to time with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions. Many of these factors and conditions are described under the caption "Risk Factors" in each of the company's annual report on Form 10-K for the fiscal year ended December 31, 2005 and its quarterly reports on Form 10-Q for subsequent periods. The reader is specifically referred to these documents, as well as the company's other filings with the Securities and Exchange Commission.

Source: prnewswire


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