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SPACEHAB, INC. SIGNS $5.1 MILLION CONTRACT WITH ESA Vienna, VA, December 18, 1998 — SPACEHAB, Inc. (Nasdaq: SPAB) announced today it has signed an agreement with the European Space Agency (ESA) to provide commercial space-based research services aboard the Company's Research Double Module on a September 2000 Space Shuttle mission. Under the terms of the agreement, ESA will pay the Vienna, Va.-based commercial space services provider $5.15 million for flight of the Advanced Respiratory Monitoring System aboard SPACEHAB’s new, larger habitable research module. The contract includes associated payload integration and operations services. The mission, STS-107, is scheduled to be the Shuttle fleet's first dedicated research flight during the five-year-long process of International Space Station assembly. NASA’s previous dedicated science mission, STS-95, which included John Glenn, featured SPACEHAB’s Research Single Module. The Company's cargo-carrying, or logistics, modules, meanwhile, are being used by NASA to perform the first two supply missions to the space station in May and September 1999. The ESA-SPACEHAB agreement, signed December 18, was coordinated through SPACEHAB’s European marketing agent, INTOSPACE, at the companies’ joint office in Leiden, the Netherlands SPACEHAB, with its Johnson Engineering and Astrotech subsidiaries, is the world's leading provider of commercial payload processing services for manned and unmanned payloads. SPACEHAB is the first company to commercially develop, own and operate habitable modules that provide laboratory facilities and logistics re-supply aboard NASA’s Space Shuttles. The Company also supports NASA astronaut training at Johnson Space Center, Houston. For Immediate Release For more information:
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