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Houston, Texas, February 9, 2007

A Message from SPACEHAB's CEO, Thomas B. Pickens, III

To our Customers and Stakeholders,

Over the past several weeks, I have had the distinct privilege of leading what I believe to be one of the great corporate pioneers in today's commercial space market. The legacy is exceptional and the opportunities are many for SPACEHAB, Inc. and I am excited to take the helm of this world-class company during such an exciting time in America's space program.

Today's evolving environment in both the human spaceflight and satellite industries demands entrepreneurial-minded companies, like SPACEHAB, to be at the ready with the products, people and know-how with years of proven mission success. Through its valuable core competencies, I feel confident SPACEHAB is in the ideal position to capture the near-infinite opportunities presented by the growing need for space access.

We are working hard to create value for our stakeholders and bring renewed energy to SPACEHAB through the strategic expansion of our core business and customer base. Through this aggressive strategy, I see a continued pursuit of excellence and exceptionally bright future for SPACEHAB, Inc.

Thank you for your confidence in and support of SPACEHAB, Inc.

 

Thomas B. Pickens, III

 

For more information, contact:

Eva-Marie deCardenas
Corporate Marketing and Communications
SPACEHAB, Inc.
713.558.5071
edecardenas@spacehab.com

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