FOR IMMEDIATE RELEASE
SPACEHAB
OBTAINS ISO 9001 CERTIFICATION,
ENSURES CONTINUED
LEADERSHIP IN SPACE INDUSTRY
Washington, D.C., August 8, 2000 - SPACEHAB, Inc. (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today celebrates the achievement of a major milestone, ISO 9001 certification. ISO - the International Organization for Standardization -- maintains global standards for business operations.
"ISO certification is a vital part of our continuing efforts to provide quality products and services to our customers," SPACEHAB President David A. Rossi told employees gathered for a ceremony at the company's Houston base of operations. "Certification will help us to ensure our continued leadership in the space industry."
ISO certification entails an extensive audit of business operations. ISO's audit of SPACEHAB did not yield any nonconformances. "Congratulations to everyone at SPACEHAB for contributing to this important achievement," said SPACEHAB Quality System Director Jim Schultz. "SPACEHAB has an excellent Management System in place that ensures our ability to provide world-class products and services to our customers."
ISO is a global nongovernmental federation of national standards bodies from some 130 countries that aims to encourage the development of standardization and facilitate global trade. ISO standards establish specifications that are intended to ensure that materials, procedures, processes, and services meet customer needs. SPACEHAB's customers require the company to be ISO-compliant.
Founded in 1984 and with more than $100 million in annual revenue, SPACEHAB, a leading provider of commercial space services, 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 astronaut training at NASA's Johnson Space Center in Houston and provides commercial satellite processing services for Boeing's Delta and Lockheed Martin's Atlas launch vehicles near Kennedy Space Center in Florida.
This release contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected in such statements. Such risks and uncertainties include, but are not limited to, whether the company will fully realize the economic benefits under its NASA and other customer contracts, the timing and mix of Space Shuttle missions, the successful development and commercialization of new space assets, technological difficulties, product demand, timing of new contracts, launches and business, market acceptance risks, the effect of economic conditions, uncertainty in government funding, the impact of competition, and other risks detailed in the Company's Securities and Exchange Commission filings.
FOR MORE INFORMATION:
Linda Billings
Director of Communications
SPACEHAB, Inc.
202/488-3500; toll-free
888/647-9543
billings@hqspacehab.com