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Loral Space & Communications to Webcast Annual Meeting of Stockholders

Posted on: Thursday, 15 May 2008, 09:00 CDT

NEW YORK, May 15, 2008 (PRIME NEWSWIRE) -- Loral Space & Communications (Nasdaq:LORL) invites shareholders, analysts and professional investors to participate in a conference call and webcast with Loral chief executive officer Michael B. Targoff, to discuss the company's first quarter 2008 results in conjunction with the company's annual shareholder meeting on May 20, 2008. A press release on the period's results will be issued after market close on May 19, 2008.

The call and webcast will begin at approximately 10:30 am ET on Tuesday, May 20, 2008.

To participate, please dial 719-325-4884 for listen-only or 719-325-4909 to ask questions, approximately ten minutes prior to the scheduled start of the call. A listen-only webcast with presentation slides is available on the Investor Relations section of Loral's web site (www.loral.com) under "Events & Presentations." A replay of the webcast will be available for 30 days.

Loral Space & Communications is a satellite communications company. It is a world-class leader in the design and manufacture of satellites and satellite systems for commercial and government applications including direct-to-home television, broadband communications, wireless telephony, weather monitoring and air traffic management. Loral also owns 64 percent of Telesat Canada, a global operator of telecommunications and direct broadcast satellites used to distribute video entertainment programming, broadband data, and provide access to Internet services and other value-added communications services. For more information, visit Loral's web site at www.loral.com.

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, Loral Space & Communications Inc. or its representatives have made or may make forward-looking statements, orally or in writing, which may be included in, but are not limited to, various filings made from time to time with the Securities and Exchange Commission, and press releases or oral statements made with the approval of an authorized executive officer of the company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions. Many of these factors and conditions are described under the caption "Risk Factors" in the company's annual report on Form 10-K for the fiscal year ended December 31, 2007. The reader is specifically referred to this document, as well as the company's other filings with the Securities and Exchange Commission.

This news release was distributed by PrimeNewswire, www.primenewswire.com

CONTACT: Loral Space & Communications Wendy Lewis 650-704-7502

Source: PrimeNewswire

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