Telvent Announces the Appointment
of Two New Members to The Board of Directors
The independent members terms will
last for a period
of five years. In the Ministry of Foreign Affairs, he has
served as General Assistant Director of
Africa, General Director of
Organizations and International Conference, General Director of Latin
America
and Director of the Analysis and Forecasting Office of Foreign Policy. He has
been Business
Representative in the Embassies of Addis Ababa and Dar es
Salaam, Cultural Advisor in Mexico, and
Spain's ambassador in Angola (1978-79)
and Mexico (1982-85)., to provide
X-band communications
services to embassies and consulates in Africa and Asia."
"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. "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.S. Government entities. 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. 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.
The reader is specifically referred
to these documents.embassies regional
Emilio Cassinello was the first United General Secretary of Spain/United
States Council and Vice-president of the Euroamerica Foundation. He is also a
member of the Advisory
Administrators Institute, as well as of the Board of
Directors and Treasurer of AETIC (Association
of Electronics, Information
Technologies and Telecommunications companies of Spain).
, XTAR, LLC today announced that it
has been awarded a contract with the U.
XTAR is a joint venture
between Loral Space + Communications and HISDESAT."
The Diplomatic Telecommunications Service
provides communications services
for U. Government activities at diplomatic and consular missions
worldwide.
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. XTAR-EUR is
expected
to provide service for nearly 20 years. XTAR is headquartered in Rockville, Md.loral.tunisia consulates
MADRID, Spain, Telvent GIT, SA
(Nasdaq: TLVT), the Global RealTime IT Company, today announced
that the
appointments of Bernardo Villazan Gil and Emilio Cassinello Auban to Telvent's
Board
of Directors were approved during the Ordinary and Extraordinary General
Shareholders Meeting of
Telvent GIT, SA. He is also a
member of the Scientific Council of Real Elcano Institute of International
and
Strategic Studies, Honorary Fellow of the Foreign Policy Association of New
York, and member
of the Advisory Council of the Dukes of Soria Foundation.
Bernardo Villazan Gil, Director and
Chairman of Lucent Technology Spain
and Portugal, has worked for more than 20 years in the Information
Technology
and Telecommunications sectors, as much in Spain as in the United States, in
companies
such as Sainco, Data General and Sun Microsystems. Department of State's Diplomatic
Telecommunications
Service Program Office (DTS-PO), Fairfax, Va.S. Government with this new, previously unavailable commercial
X-band service in such a critical part of the world., Palo Alto, Calif.com.com.com
abroad regional
com
). Government, an important milestone in validating
Loral's innovative investment in XTAR's commercial
X-band service model.S., and has offices in
Arlington, Va. For more information,
visit XTAR's
web site at http://www. is a Spanish company headquartered in
Madrid.foreign government
He was also General Consul
in New York (1998-2003).XTAR Awarded Multi-Year Contract to Provide Diplomatic Communications Services
for the U.S. Department of State
S.
Built by Space Systems/Loral (SS/L), XTAR-EUR was launched
in February
2005 aboard an Ariane 5 ECA rocket.
XTAR, LLC is a new satellite communications
company committed to serving
the long-haul communications, logistics and infrastructure requirements
of the
U. The company is a joint venture between
Loral Space + Communications, which owns 56 percent
, and HISDESAT, which owns
44 percent. and Madrid, Spain.loral.
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
Ltd. 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. 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
. 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.foreign regional
According to
Telvent's Chairman and Chief Executive Officer, Manuel
Sanchez Ortega, "It is for us a great honor
and an enormous satisfaction that
Telvent is able to attract people of the experience and the recognized
prestige of Bernardo and Emilio, whose experience in multinationals, and North
American and Latin
American organizations, will be of great value to the
Telvent Board."
Telvent (Nasdaq:
TLVT), the RealTime Global IT Company, specializes in
high value-added solutions in four specific
industrial sectors (Energy,
Traffic, Transport, and Environment) in Europe, North America, Latin
America
and China.S.
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.
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.A. HISDESAT is owned jointly by HISPASAT,
S. HISDESAT will
provide enhanced
capabilities, including Ka-band, for Spain's defense
applications.tunisia foreign
Emilio Cassinello Auban
is General Director of the International Center of
Toledo for the Peace (La Paz). XTAR
To Enable State Department DTS-PO Communications
Throughout Africa and
Asia
ROCKVILLE, Md.
Bernard L. 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. 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.xtarllc.
HISDESAT Servicios
Estrategicos 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
., the Spanish commercial satellite services company, INSA and the leaders
of Spain's space industries:
EADS-CASA Espacio, INDRA and SENER. For more information, visit Loral's web site at
http://www.
Contact: John McCarthy
(212) 338-5345
jmccarthy@hq.tunisia regional
(http:
//www.telvent.S.
The five-year contract has an estimated maximum value of up to $137 million.
Through
our unique collaboration with HISDESAT, we're proud to be able to
provide the U.4 meters.A.
Loral Space + Communications is a satellite communications company. 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.government abroad
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