A joint
exhibit by Sea Launch Co. and The Boeing Co. Delta program at
CommunicAsia 2001, which is being held June 19-22 in Singapore,
underscores the commitment of both programs to ensuring flexible,
assured, on-time access to space for their customers. It also reflects
their continued commitment to the Asian marketplace.

“The Asian market is important to Boeing,” said Jim Albaugh,
president and chief executive officer of Boeing Space and
Communications. “We are optimistic about the growth potential for
launch services in Asia, based on Boeing’s assessment of the future
satellite market.”

Earlier this year, Boeing and Sea Launch signed a mutual launch
services agreement that broadens the services made available to
customers of both the Sea Launch and Delta team. Boeing is a 40
percent partner of Sea Launch, an international venture comprised of
four companies.

Boeing and Sea Launch spokespeople will be at the Singapore Expo,
hall 1, booth 3B2-07 to talk about the agreement and the back-up
launch option it provides.

During its more than two years of operations, Sea Launch has
launched seven times from a floating launch platform positioned on the
equator at 154 degrees west longitude. In May, Sea Launch successfully
completed the two-spacecraft constellation for XM Satellite Radio,
which plans to begin broadcasting up to 100 channels of digital radio
across the continental United States later this summer.

Sea Launch’s successful and accurate delivery of the Boeing 702
model XM “Rock” and “Roll” satellites to geosynchronous transfer orbit
confirms customers’ confidence in the reliability and accuracy of the
Sea Launch system.

Boeing Delta rockets continue to blaze a trail of success to the
future, with more than 280 launches. Asian launch service customers
have even more options now as the Delta IV series of medium and heavy
launch vehicles move toward an inaugural launch in early 2002.

Boeing has successfully completed a series of tests involving the
integrated common booster core (CBC) and RS-68 engine for the Boeing
Delta IV rocket. Lasting approximately 303 seconds, the final test was
conducted on May 6 and completed a Delta IV Heavy mission profile
simulation for the rocket’s first stage. In addition to the CBC test,
the Boeing Rocketdyne RS 68 engine has had 13,780 seconds of total
test time.

The Boeing Delta IV family of launch vehicles enters service with
four planned launches in 2002 and a backlog of more than 40 launch
service contracts. Boeing and its customers have announced launch
contracts supporting commercial telecommunications services in Asia,
Europe, and North and South America.

Sea Launch is a fully operational launch service for the global
marketplace. With headquarters in Long Beach, Calif., and operations
based at Sea Launch Home Port in Long Beach Harbor, the multinational
partnership of American, Russian, Ukrainian and Norwegian companies
provides commercial satellite customers the most direct and
cost-effective route to geostationary orbit.

The Boeing Co., with headquarters in Seattle, is the largest
aerospace company in the world and the United States’ leading
exporter. It is the world’s largest manufacturer of commercial
jetliners and military aircraft, and the largest NASA contractor.

The company’s capabilities in aerospace also include rotorcraft,
electronic and defense systems, missiles, rocket engines, launch
vehicles, and advanced information and communication systems. The
company has an extensive global reach with customers in 145 countries
and manufacturing operations throughout the United States, Canada and

Note to Editors: The following Boeing and Sea Launch executives
will be available for interviews during CommunicAsia 2001. Visit the
booth for an appointment.

The Boeing Co.

Robert J. Sirko, director, International Sales, Asia region for
Delta Launch Services

Jeff Richman, Southeast Asia and international sales regional

Sea Launch Co.

Rob Peckham, marketing and sales, senior director

Peter Stier, director of Marketing and Sales, Asian region


Sea Launch Co., Long Beach

Paula Korn, 562/499-4729




Sea Launch Hotline, 562/797-1000


The Boeing Co.

Glen Golightly, 714/372-4742




Delta Launch Hotline, 714/896-4770