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Orbital Recovery Corporation Chooses Ariane as Primary Rocket 
for the SLES Telecommunications Satellite "Rescue" Space Tug
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Washington, D.C.; Paris, France - February 27, 2003 - Orbital Recovery
Corporation has selected Ariane as the primary launch vehicle for its
Geosynchronous Spacecraft Life Extension System (SLESTM), signing an
agreement with Arianespace to orbit at least four SLES space tugs 
beginning in 2005.

SLES will be carried as a secondary payload on Ariane launches, with a
liftoff mass of 500-800 kg, depending on the space tug's specific 
mission.

The unique SLES is designed to extend the useful lifetime of 
multi-million dollar telecommunications satellites by 10 years or 
more, and also is capable of rescuing satellites stranded in incorrect 
orbits.

"The SLES is joining some of the world's leading satellite payloads on 
the Ariane manifest," Orbital Recovery Corp. Chief Executive Officer 
Walt Anderson said. "Ariane's flexibility was one of the deciding 
factors in our selection."

The agreement calls for an initial SLES launch on Ariane in the first
quarter of 2005 followed by two more SLES flights in 2005, and 
provides for additional launches in 2005 and beyond.

"Arianespace has a tradition of working with promising new companies, 
and we are pleased to provide launch services for the innovative 
SLES," said Arianespace Chief Executive Officer Jean-Yves Le Gall. 
"Our experience in launching multi-satellite payloads - combined with 
Ariane's lift capability - allows the SLES to be launched when needed 
to serve Orbital Recovery Corporation's mission requirements."

About Arianespace
Arianespace is the commercial launch services leader, holding more 
than 50 percent of the international market for satellites launched to 
geostationary transfer orbit (GTO). Created in 1980 as the world's 
first commercial space transportation company, Arianespace has signed 
contracts for the launch of more than 250 satellite payloads. For 
further information, see the Arianespace Web site at 
www.arianespace.com.

About Orbital Recovery Corporation
Orbital Recovery Corp. has offices in Washington, D.C. Los Angeles, 
and Sydney, Australia. Definition work on the SLES has been completed 
and the building of the industrial team is underway. Robotic 
technology from the DLR German Aerospace Center has been selected for 
the SLES docking and linkup, and Aon Space is providing insurance 
brokering and risk management services.  More information on Orbital 
Recovery Corp. is available on the company's Web site: 
www.orbitalrecovery.com.

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