In addition to the existing contract, these agreements complete the arrangements necessary for the construction and launch of all satellites in Leo One's 48-satellite constellation, including spares. The combined value of these agreements exceeds $400M. Each of these three companies will also make a direct equity investment in Leo One.

"We are very pleased with the agreement reached with each of these world-class organizations, " reported Thomas R. Rudd, President and CEO of Leo One Worldwide. "We are fortunate to be working with such an accomplished team of aerospace companies. Their involvement helps to ensure the success of the program, thus enabling us to achieve our goal of providing a multitude of low-cost, high-quality data services to users around the world, each designed to make communications more efficient and cost-effective."

"We are delighted to have been selected as the launch service provider for this unique and important program," G�nter Stamerjohanns, CEO of Eurockot Launch Services, states. "Leo One and Eurockot are working toward the same goal - to provide competitive and reliable services for the benefit of customers. Our ability to address these requirements with launch services from Baikonur Cosmodrome is a vital part of the Leo One concept."

"We are very pleased to have been selected as a member of the Leo One team to provide a reliable, state-of-the-art communications payload," states Dale C. Hutchinson, President, Lockheed Martin Space Electronics & Communications. "Our experience in narrowband satellite communications electronics design and use of a combination of legacy and COTS hardware will enable Leo One to quickly implement a reliable, efficient, and robust satellite-based network to meet the demands of this rapidly expanding market."

The Leo One constellation will consist of 48 low-Earth orbiting (LEO) satellites capable of providing near-real-time store-and-forward data services to users around the world. The Leo One system is designed to support numerous wireless data applications, including tracking, monitoring, messaging, emergency and transaction services.

The Leo One system is designed to support higher data rates and thus achieve greater spectral efficiency than other Little LEO systems. Furthermore, Leo One is the only Little LEO system designed to support near-real-time data messaging delivery. Leo One's use of VHF and UHF frequencies assures high quality signals in areas of dense foliage and heavy rain in addition to facilitating the use of very low cost and low power terminals.

The Leo One system is designed to be highly reliable - every message is acknowledged to guarantee delivery. Multiple classes of service ensures high priority handling of emergency and alarm-type messages. Redundancy will be built into the terrestrial backbone infrastructure and the system will be able to tolerate multiple satellite failures with no customer-perceptible degradation in service. The Leo One system further minimizes risk by maintaining spare satellites on-orbit and by using highly reliable launch services and space-qualified satellite components and subsystems. The overlapping satellite footprints and high satellite sparing result in a very high level of redundancy in the constellation so customers can safely rely on Leo One for mission critical applications.

The Leo One system is designed to utilize multiple levels of encryption along with sophisticated error-checking to ensure customers can rely on the integrity and security of their communications. This is an important feature to commercial applications related to recording of revenue, remote control of assets or security.

Leo One Worldwide, Inc., a privately-held company, is licensed by the FCC.

Dornier Satellitensysteme GmbH, the satellite business unit of DaimlerChrysler Aerospace AG, develops and produces satellite systems for science, Earth observation, communication, navigation and security applications. DaimlerChrysler Aerospace operates on a worldwide basis and is a partner in a large number of international collaborations and alliances. DaimlerChrysler Aerospace is the space, aviation and defense group of DaimlerChrysler, a leading provider of transportation products and services.

Eurockot Launch Services GmbH is a joint venture company founded by DaimlerChrysler Aerospace (DASA) of Germany and Khrunichev State Research and Production Space Center (Khrunichev) of Russia. Khrunichev is the leading Russian launch and space vehicle manufacturer, well-known for the PROTON rocket and the MIR Space Stations. Eurockot markets the Russian Rockot launch vehicle, a flight-proven and competitive launch system for LEO (Low Earth Orbit) missions. The Rockot consists of the SS-19 two-stage booster and the re-ignitable Breeze upper stage.