Panasonic Avionics Corporation announced today an agreement with Intelsat S.A. (NYSE:I), the world’s leading provider of satellite services, for capacity on the high performance Intelsat Epic NG platform. Panasonic has selected the Intelsat 33e satellite to provide coverage and capacity for its Global Communications Services over one of the fastest growing air travel regions in the world. The agreement will enable Panasonic to deliver the industry’s highest bandwidth service to airplanes traveling from Europe to South East Asia and Europe to North Asia. It also provides capacity and coverage for intra-region routes including missions over Russia and the Middle East. This new service region complements the U.S. and North Atlantic services that will be provided by the first announced Epic satellite, Intelsat 29e. Intelsat 33e is the second of five announced Epic-class satellites, and is expected to launch in 2016. Like Intelsat 29e, Intelsat 33e delivers high power Ku-band spot beams that offer extremely high data throughput for Panasonic’s Global Communications Services, which include eXConnect in-flight Wi-Fi and eXPhone mobile phone services. It also offers wide beams that support Panasonic's unique global eXTV live television. The combination of coverage provided by Intelsat 33e and Intelsat 29e will provide spot beam service for heavily traveled air routes that account for more than 50% of the world's commercially scheduled flight hours. "This is the second major commitment by Panasonic to the high throughput Intelsat Epic NG platform, and it will enable us to continue to provide unparalleled aeronautical broadband service to airline customers that fly missions all across the globe," said Paul Margis, President and Chief Executive Officer of Panasonic Avionics Corporation. The Epic design, fully integrated with the Intelsat network, makes intelligent use of spectrum, delivering more bandwidth over the regions with the highest requirements while also achieving global coverage.
"This agreement will enable Panasonic to meet the growing demand for broadband connectivity to airlines, delivering the live television, phone and Internet services that today's travelers demand," said Intelsat President and Chief Commercial Officer Stephen Spengler. "As the need for these solutions continues to climb, the open architecture, backward compatible Epic NG platform, with its combination of wide beams and spot beams, will offer Panasonic the throughput and performance needed to meet tomorrow’s communications requirements."Intelsat 33e will be fully integrated with Intelsat's global communication infrastructure, including connectivity to Intelsat’s teleport in Germany, part of the IntelsatOne network. Intelsat's terrestrial capabilities include international voice and data private line connectivity, direct access to the Internet backbone, and teleport co-location services for service providers such as Panasonic. Intelsat Epic NG will serve as a complementary overlay to Intelsat’s existing global broadband mobility platform, which consists of 11 beams on seven satellites covering all of the world’s busiest shipping and aeronautical routes. About Panasonic Avionics Corporation Established in 1979, Panasonic Avionics Corporation, a U.S. corporation, is a subsidiary of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation. Headquartered in Lake Forest, California with over 3,100 employees and operations in 80 locations worldwide, it serves over 200 customers worldwide and provides in-flight entertainment and communication (IFEC) systems on over 3,700 aircraft. Panasonic Avionics Corporation is the world's leading supplier of IFEC systems. The company's best-in-class solutions, supported by professional maintenance services, fully integrate with the cabin enabling airlines to deliver the ultimate travel experiences with a rich variety of entertainment choices, resulting in improved quality communication systems and solutions, reduced time-to-market and lower overall costs. For additional information, please visit www.panasonic.aero About Intelsat Intelsat (NYSE:I) is the leading provider of satellite services worldwide. For almost 50 years, Intelsat has been delivering information and entertainment for many of the world’s leading media and network companies, multinational corporations, Internet Service Providers and governmental agencies. Intelsat’s satellite, teleport and fiber infrastructure is unmatched in the industry, setting the standard for transmissions of video, data and voice services. From the globalization of content and the proliferation of HD, to the expansion of cellular networks and broadband access, with Intelsat, advanced communications anywhere in the world are closer, by far.
Intelsat Safe Harbor StatementSome of the statements in this news release constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. The forward-looking statements made in this release reflect Intelsat's intentions, plans, expectations, assumptions and beliefs about future events, including the offerings, and are subject to risks, uncertainties and other factors, many of which are outside of Intelsat's control. Known risks include, among others, market risk and the risks included in Intelsat’s final prospectus related to its 5.75% Series A mandatory convertible junior non-voting preferred shares filed with the U.S. Securities and Exchange Commission (the “SEC”) and its other filings with the SEC, the political, economic and legal conditions in the markets we are targeting for communications services or in which we operate and other risks and uncertainties inherent in the telecommunications business in general and the satellite communications business in particular. Because actual results could differ materially from Intelsat's intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this news release with caution. Intelsat does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.