Ogden, Utah — One Stop Satellite Solutions, Inc. (OSSS)
announced today that it has signed a memorandum of understanding with International
Space Company (ISC) Kosmotras, of Moscow, Russia, and Thiokol Propulsion
of Brigham City, Utah, outlining the planned cooperation of all three entities
in small-satellite integration management. The announcement was made by Dale
Richards, President and CEO of OSSS.

“This memo of understanding marks the completion
of the infrastructure for OSSS, in that it assures us of specific launch capabilities
for our small satellite payloads, which will enable us to provide cost-efficient
small satellite services for universities and other commercial clients that
might otherwise find costs prohibitive,” said Richards.

Under this memorandum of understanding, ISC Kosmotras will provide
relatively inexpensive launch opportunities using the Dnepr Launch Vehicle,
supported by the government bodies of Russia and the Ukraine. OSSS will provide
management and integration of small satellites into a single payload module
utilizing the OSSS multi-payload adapted. Thiokol will provide organizational
and legal support for the joint program as a marketing agent of ISC Kosmotras.

The first launch is scheduled for March 2001, with payloads
that include a satellite to demonstrate the low-cost space technologies developed
by OSSS. The agreement calls for ISC Kosmotras to allocate one Dnepr launch
per year to OSSS from 2001 through 2007.

OSSS is a four-year old company that has commercialized the
technology under development for 15 years at the Center
for Aerospace Technology (CAST) at Weber State University. OSSS’ mission
is to provide its customers with low cost, high-quality small satellites for
more effective access to space. OSSS and CAST have successfully designed,
engineered and manufactured eight low earth orbit (LEO) satellites in the
100 to 500 pound class. OSSS’ proprietary technology provides attitude control
that is more precise and less complex to operate than any other small satellite
system on the market. Additional patents are pending that will allow this
technology to be utilized in other control applications.

Thiokol Propulsion, a business unit of Alcoa, Inc., has been
the nation’s leading supplier of solid rocket propulsion systems for space
launch vehicles since the inception of manned space flight. Thiokol provides
Reusable Solid Rocket Motors (RSRMs) for NASA’s Space Shuttle program and
is a major supplier of propulsion systems launch vehicles used in other government
and commercial flights. The company is the worldwide leader in the reclamation
and reuse of rocket motor fuels, as evidenced by its role in demilitarization
programs in Russia and the Ukraine.

ISC Kosmotras was established in 1997 by the national space
agencies of Russia and the Ukraine for development and commercial operation
of the Dnepr Space Launch System. Located on the Baikonur Cosmodrome in Kazakhstan,
this launch system is based on SS-18 ICBM technology. The ISC Kosmotras mission
is able to put into practice a conversion of the large number of SS-18s from
military to peacetime use. This mission was committed to ISC Kosmotras by
the governments of Russia and Ukraine.

OSSS demonstrated its satellite design and manufacturing capability
in January of this year with the successful launch of a multi-use group of
satellites aboard a decommissioned U.S. Minuteman Missile. The addition of
launch capability via this agreement greatly enhances OSSS’ opportunities
to provide its customers with low-cost access to space.