FOR IMMEDIATE RELEASE
SPACEHAB GIVES TEXAS STUDENTS ACCESS TO SPACE;
S*T*A*R*S
Donation Marks Company's Commitment to Education and Community
Washington, D.C., November 2, 2000 - SPACEHAB, Inc. (NASDAQ/NMS: SPAB), a leading provider of commercial space services, and its subsidiary, Space Media, Inc.™, today announced that SPACEHAB will sponsor opportunities for schools in Texas City, Clear Lake, and other communities in southeast Texas to participate in Space Media's S*T*A*R*S® global space education program.
SPACEHAB is responding to a call from U.S. Rep. Nick Lampson (D-9th-TX) for businesses to support public education in their communities. SPACEHAB's operations in Texas include its Engineering Services and Flight Services units in Houston-Clear Lake. The company's Enterprise™ commercial space station habitat program is also based in the area, and Space Media has operations there as well. Rep. Lampson's district includes the Clear Lake area, Texas City, and other communities in the vicinity of Houston.
S*T*A*R*S (Space Technology And Research Students) is a global education initiative designed to engage students in science and technology and enable them to share in the excitement of space research and exploration. Texas students who participate in the S*T*A*R*S program will have access to online educational resources and activities and the opportunity to take part in an actual experiment to be flown in space in 2001.
Rep. Lampson and Space Media Vice President and former astronaut Dr. Bernard Harris announced SPACEHAB's donation at Roosevelt-Wilson Elementary School in Texas City, Texas. Roosevelt-Wilson is one of 10 Texas schools that will participate in S*T*A*R*S.
"I thank SPACEHAB and Space Media for their contribution to local schools, which provides students a great opportunity to participate in space exploration through an innovative educational program such as S*T*A*R*S," said Rep. Lampson. "As a former science teacher, I see how the S*T*A*R*S program really helps get students interested in science and math and enables them to learn about high technology careers. SPACEHAB's contribution is an example of how businesses can help their local communities and encourage young people to aim high and achieve great things."
"I thank Congressman Lampson for encouraging more local business participation in our school system," said Texas City Independent School District Superintendent David Simmons. "S*T*A*R*S provides an excellent curriculum-based math and science program, which encourages students to learn more about science and math by engaging them in an interactive environment. Through S*T*A*R*S, SPACEHAB is helping to inspire young minds to dream about possibilities in space."
"As an aerospace business that has been operating in Clear Lake for more than a decade, we believe it is important that we give back to the local community," said Dr. Harris. "We are committed to providing young people opportunity, education, and inspiration through participation in our worldwide S*T*A*R*S program."
Space Media also announced the official kickoff of its classroom S*T*A*R*S website, www.starsprogram.com, which will allow students and teachers in the S*T*A*R*S program to use Web-based lessons. SPACEHAB's sponsorship of Roosevelt-Wilson Elementary and other Texas schools gives students and teachers access to lessons and other activities that will be placed online throughout the rest of this year.
Founded in 1984, with more than $100 million in annual revenue, SPACEHAB, Inc., is a leading provider of commercial space services. The company is the first to develop, own, and operate habitat modules and cargo carriers providing laboratory facilities and resupply capabilities aboard NASA's Space Shuttles. It also supports astronaut training at NASA's Johnson Space Center in Houston and builds space-flight trainers and mockups. SPACEHAB's Astrotech subsidiary provides commercial satellite processing services at facilities in Florida and California in support of a range of expendable launch vehicles, including Lockheed Martin's Atlas and Boeing's Delta and Sea Launch rockets. SPACEHAB's newest strategic growth initiative, Space Media, Inc. (SMI™, a subsidiary), will bring space into homes and classrooms worldwide with television and Internet broadcasting from the International Space Station.
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