Ms. Pulzone will oversee all SPACEHAB financing operations, including corporate finance, accounting, budgeting, regulatory compliance reporting and investor relations. Ms. Pulzone also will spearhead the company's financial strategies for mergers and acquisitions.

Ms. Pulzone comes to SPACEHAB after three years as Vice President and Chief Financial Officer of Paragren Technologies, Inc. in Reston, Virginia, a leading provider of high performance marketing automation software. Paragren recently was acquired by Siebel Systems Inc. of San Mateo, California. Before joining Paragren, Ms. Pulzone served as Director of Accounting with AMISYS Managed Care Systems, Inc. (formerly NASDAQ: AMCS) in Rockville, Maryland. She also has served as Director of Financial Reporting and Taxes for Telos Corporation.

Ms. Pulzone began her career with Price Waterhouse and Grant Thornton in Washington, D.C. A Certified Public Accountant, she holds a Bachelor of Science degree in Accounting and a Master's in Business Administration from the University of Maryland at College Park.

"Mark has been a true asset to the Company, and we wish him well in his new endeavor. We are pleased that Julia is joining us, as her experience in rapidly growing technology-driven businesses fits perfectly with SPACEHAB's strategy of expanding commercial services and broadening its customer base," said SPACEHAB Chairman and Chief Executive Officer Dr. Shelley A. Harrison.

SPACEHAB, with its Johnson Engineering and Astrotech units, 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 resupply aboard NASA's Space Shuttles. The Company also supports NASA astronaut training at Johnson Space Center, Houston.