With the flight of the second
privately-funded space traveler Mark Shuttleworth to the International
Space Station (ISS), we are celebrating yet another milestone in space
tourism. Space Adventures, Ltd., the only company to have taken private
individuals to the ISS, is proud to be the recipient of the Space
Tourism Society (STS) ORBIT Award for our role in advancing and
promoting the space tourism industry.

The award will be presented at the first annual STS Pioneer Awards
Saturday, April 27, 7:30 p.m., at the Santa Monica Community College
Concert Theater. The event is dedicated to honoring heroes of the space
tourism movement, and marks the one-year anniversary of our client
Dennis Tito’s historic trip to space. In addition, the day of the event
also coincides with the arrival of our second orbital client Mark
Shuttleworth at the ISS.

“The 2002 Space Tourism Pioneer Awards begins a tradition of honoring
these trailblazers for outstanding achievement in an exciting new
industry,” said event Chairman Tony Materna. “Space tourism efficiently
stimulates popular interest in private space enterprise and generates
revenue for future commercial space development.”

“We are honored to receive this award and look forward to making the
dream of space flight a reality for more people,” said Eric Anderson,
President and CEO of Space Adventures.

A highlight of the evening will be the public premiere of Dennis Tito’s
personal video documenting his experience on board the space station.

Space Adventures representatives will be available for media interviews
at the event.

About Space Adventures, Ltd.

Space Adventures, Ltd., the world’s leading space tourism company,
offers a wide range of space experiences, from zero-gravity and
high-altitude supersonic flights, cosmonaut training and space flight
qualification programs on Earth, to actual flights into space. With
offices in Arlington, Va. and Moscow, Russia, Space Adventures is
developing a U.S.-based spaceport from which passenger sub-orbital space
flights will begin operations before 2005. For more information about
Space Adventures, please visit www.spaceadventures.com or call


Tereza Predescu

Phone: +1 (703) 524-7172