Bernard L . XTAR-EUR is expected
to provide service for nearly 20 years., Palo Alto, Calif.A.

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.

foreign posts

Robert Massey, CEO Cotecna said, "These inspection arrangements are an
important part of the Nigerian Government's programme to facilitate trade
while modernising the Customs administration. The COTECNA Group
has a combined workforce of about 4,000 employees and agents in close to 100
offices and holds 12 government inspection contracts. XTAR To Enable State Department DTS-PO Communications
Throughout Africa and Asia

ROCKVILLE, Md., XTAR, LLC today announced that it
has been awarded a contract with the U.xtarllc. 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.

their posts

There are also provisions
in the contract for training and capacity building services to assist customs
reform. In Africa specifically it has
similar operations in four different countries including Ghana since 2000 and
more recently in Senegal, Tanzania and Togo.com . Government , an important milestone in validating
Loral's innovative investment in XTAR's commercial X-band service model."
"XTAR is designed to offset a portion of the ever growing shortfalls in
bandwidth for military and government agency communications by providing a
cost-effective commercial augmentation to the government's X-band satellites,"
said Denis Curtin, chief operating officer, XTAR, LLC. Government activities at diplomatic and consular missions worldwide.
Built by Space Systems/Loral (SS/L ), XTAR-EUR was launched in February
2005 aboard an Ariane 5 ECA rocket.

commissions their

Founded in Switzerland in 1974, the COTECNA Group offers a wide range of
trade facilitation services, trade security services and quality certification
standards.

XTAR Awarded Multi-Year Contract to Provide Diplomatic Communications Services for the U.S. Department of State

The five-year contract has an estimated maximum value of up to $137 million. Government with this new, previously unavailable commercial
X-band service in such a critical part of the world.com

africa high

"XTAR will allow DTS-PO
to use its currently installed X-band terminals, maintain assured
communication access and increase the system's performance through the
powerful XTAR-EUR satellite. Government entities. and Madrid, Spain. is a Spanish company headquartered in
Madrid.
The reader is specifically referred to these documents.

diplomatic details

COTECNA is a pioneer in areas such as Risk Management, Destination
Inspection, Scanner integration projects, Customs modernization programmes,
Customs Valuation Assistance and Trade Security solutions., to provide
X-band communications services to embassies and consulates in Africa and Asia. HISDESAT is owned jointly by HISPASAT,
S. HISDESAT will
provide enhanced capabilities, including Ka-band, for Spain 's defense
applications.loral.

details abroad

Cotecna Commences Scanning and Risk Management Operations in Nigeria

Cotecna is also responsible for the design, installation and operation
of a Computerized Risk Management System (CRMS) that will assist in enhancing
the efficiency of the scheme by designating the level of customs intervention
based on risk. Cotecna is the leader and the precursor in the
provision of such services around the world."
The Diplomatic Telecommunications Service provides communications services
for U.A.

nigerian consulates

13 /Xinhua-PRNewswire/ -- Cotecna, the international trade
facilitation and inspection group, is commencing this month in Nigeria its
scanning and risk management operations for the Nigerian Government as part of
the country's move to a modern Destination Inspection (DI ) regime. For a full
description of our services, please visit http://www.

foreign nigerian

S.
The DTS Network provides responsive, reliable, secure, and cost-effective
telecommunications services to users at more than 260 sites around the world,
representing nearly 50 U.
The XTAR-EUR satellite features traditional global beams as well as
on-board switching and multiple steerable beams, allowing users access to
X-band capacity as they travel anywhere within the footprint of the satellite.

HISDESAT Servicios Estrategicos S. Through its
Loral Skynet division, it owns and operates a fleet of telecommunications
satellites used to broadcast video entertainment programming, distribute
broadband data, and provide access to Internet services and other value-added
communications services.com.

africa related

The Nigerian Customs Service is leading this initiative for which Cotecna
will bring its recognized expertise in risk management and scanning to support
this major transition. Schwartz, chairman and CEO, Loral Space + Communications,
commented, "XTAR's agreement with the State Department will provide for the
first use of XTAR by the U.S. For more information,
visit XTAR's web site at http://www.

Loral Space + Communications is a satellite communications company.

commissions nigerian

We are delighted to be working
with the Nigerian authorities in this endeavour". Department of State's Diplomatic
Telecommunications Service Program Office (DTS-PO), Fairfax, Va., and has offices in
Arlington, Va. 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 by the company with the Securities and
Exchange Commission, press releases or oral statements made with the approval
of an authorized executive officer of the company.

Embassies and consulates related to Nigeria.

nigeria government

The agreement with the government of Nigeria, which involves an
investment, by Cotecna, of close to USD 70 million, includes the provision and
operation of scanning equipment at the Lagos seaports and four other ports of
entry.S.
XTAR -EUR is designed to work with existing X-band terminals, as well as next
generation X-band terminals that feature antennas smaller than 2., Spanish and allied governments. The company is a joint venture between
Loral Space + Communications, which owns 56 percent, and HISDESAT, which owns
44 percent .

Contact: John McCarthy
(212) 338-5345
jmccarthy@hq.

foreign list

S .4 meters., the Spanish commercial satellite services company, INSA and the leaders
of Spain's space industries: EADS-CASA Espacio, INDRA and SENER. Its
Space Systems/Loral division is a world-class leader in the design and
manufacture of satellites and satellite systems for commercial and government
applications including direct-to-home television, broadband communications,
wireless telephony , weather monitoring and air traffic management. In addition, Loral Space +
Communications Ltd.

consulates foreign

XTAR is a joint venture between Loral Space + Communications and HISDESAT.

XTAR, LLC is a new satellite communications company committed to serving
the long-haul communications, logistics and infrastructure requirements of the
U.com.loral.

contact high

cotecna. XTAR is headquartered in Rockville, Md.

nigeria details

With this decision, the Nigerian government has demonstrated
its commitment to deploy one of the most modern and effective customs
inspection services available in the market today.

Contact:

Alison Bourgeois
Vice President Corporate Communications
Tel: +41-22-8497823

S. Located at 29 degrees East longitude, the
satellite carries twelve 72 MHz high-power X-band transponders that provide
coverage from Eastern Brazil and the Atlantic Ocean, across all of Europe,
Africa and the Middle East to as far east as Singapore. These factors include
those related to the filing, on July 15, 2003 by Loral and certain of its
subsidiaries, of voluntary petitions for reorganization under chapter 11 of
title 11 of the United States Code in the United States District Court for the
Southern District of New York and parallel insolvency proceedings in the
Supreme Court of Bermuda in which certain partners of KPMG were appointed as
joint provisional liquidators .

nigeria consulates

GENEVA, Jan.
Through our unique collaboration with HISDESAT, we're proud to be able to
provide the U.S. HISDESAT's aims are the acquisition, operation and commercialization
of Government-oriented space systems, beginning with satellite communications
in the X- and Ka-band frequencies. For more information, visit Loral's web site at
http://www. Additional factors and conditions are also
described in the section of the company's annual report on Form 10-K for the
fiscal year ended December 31 , 2004, entitled "Commitments and Contingencies,"
and the company's other filings with the Securities and Exchange Commission.