The Boeing Company [NYSE: BA] today announced the successful on-orbit handover of the MEASAT-3 satellite to MEASAT Satellite Systems Sdn Bhd.

“MEASAT-3 has completed all on-orbit testing, and we were pleased to hand over this satellite to an important customer,” said Stephen T. O’Neill, president of Boeing Satellite Systems International. “The handover validates our focus on program execution, attention to detail and listening to our customer every step of the way.”

The successful transfer of the Boeing 601 satellite to MEASAT follows on-orbit testing to ensure the spacecraft systems are functioning as designed. Launched on Dec.11, 2006 by an International Launch Services Proton/Breeze M rocket from Kazakhstan, MEASAT-3 will enable MEASAT to deliver direct-to-home television and other telecommunication services across Asia, Australia, the Middle East, Eastern Africa and Eastern Europe.

MEASAT-3 is Boeing’s 70th 601 model satellite built at its satellite manufacturing facility in El Segundo, Calif. Boeing also manufactures the larger 702 model, the world’s most powerful communications satellite, two lines of satellites designed to support mobile communications, and a series of global positioning satellites and military communications satellites.