Team Helps Advance International Space Station Program
Houston, Texas, November 29, 2005 – SPACEHAB, Incorporated, a leading provider of commercial space services, announced today that NASA’s Performance Evaluation Board bestowed a 100% award fee evaluation score on the Program Integration and Control contract for which the Company is a subcontractor. The performance period was April through September 2005.
SPACEHAB began work on the International Space Station Program Integration and Control (PI&C) contract in November 2003 as a subcontractor to the ARES Corporation. The evaluation is a performance-based assessment, specifically in the areas of technical performance, contract management and cost control, and is generally provided every six months. The evaluation board noted that the PI&C team had “exceeded expectations” and displayed “exceptional professionalism and dedication.”
Over the contract period, the PI&C team has received consistent ‘Excellent’ ratings with scores of 96%, 97%, and now a score of 100%, which is seldom awarded in government contract determinations. “This is a testament to the hard work and dedication of the employees working on this contract,” said Jerry Siemers, ARES Corporation Senior Vice President and Program Manager of the PI&C Contract. “They are dedicated to their jobs, our processes, and to a successful Space Station Program, and this unprecedented award fee score is in recognition of their hard work and determination to do a good job,” he added.
SPACEHAB provides configuration and data management services to NASA supporting the final acceptance of space station hardware and software for NASA and the sixteen international partners. “We are pleased to be a valued member of the PI&C team and recognized for our unrelenting focus on customer service and satisfaction,” said Richard N. Fitts, Vice President, SPACEHAB Government Services. “Whether we are providing proven hardware on space shuttle missions, supplying space station logistics and support services, or helping NASA with their advanced exploration initiatives, SPACEHAB appreciates the ability to support the Agency through successful teaming arrangements and world class commercial services.”
About SPACEHAB, Incorporated
SPACEHAB, Incorporated (www.spacehab.com) is a leading provider of commercial and government space services with three primary business units. The Flight Services business unit develops, owns, and operates habitat and laboratory modules and cargo carriers aboard NASA’s Space Shuttles for Space Station resupply and research purposes. SPACEHAB’s Astrotech subsidiary provides payload processing support services for both commercial and government customers at company-owned facilities in Florida and California. The Company’s Government Services business unit supports NASA’s Johnson Space Center providing configuration management, product engineering, and support services for both the Space Station and Space Shuttle programs. Additionally, through The Space Store, Space Media provides space merchandise to the public and space enthusiasts worldwide (www.thespacestore.com).
The statements in this document may contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, trends, and uncertainties that could cause actual results to be materially different from the forward-looking statement. These factors include, but are not limited to, continued government support and funding for key space programs, product performance and market acceptance of products and services, as well as other risk factors and business considerations described in the company’s Securities & Exchange Commission filings including the annual report on Form 10-K. Any forward-looking statements in this document should be evaluated in light of these important risk factors. The Company assumes no obligation to update these forward-looking statements.
FOR MORE INFORMATION:
Kimberly Campbell
Vice President
Corporate Marketing and Communications
SPACEHAB, Inc.
713.558.5049
campbell@spacehab.com
