Space Media, Inc., (SMI) a subsidiary of SPACEHAB, Inc. , has launched a student ecological experiment to the International Space Station (ISS) aboard a Russian space station resupply vehicle. Students in grades 3 through 12 from schools around the world are
participating in this experiment under SMI’s global education program, STARS.

The Russian Progress vehicle that carried the STARS “Ecosystems in Space”
experiment was launched to the ISS on a Russian Soyuz rocket from the Baikonur
Cosmodrome in Kazakhstan on February 26 with support from RSC Energia. After
docking with the ISS, cosmonauts transferred the experiment to their living
quarters in the Zvezda service module. The cosmonauts then fastened the small,
self-contained ecosystem cylinder, containing the space station’s first
“pets”, above their dining table for observation.

For the next three months, the cosmonauts will monitor the ecosystem’s
miniature red shrimp (H. rubra) and other aquatic plants and animals to see
how organisms adapt to the microgravity environment of space. Video and
photographic images will be available to STARS students via the Internet
( ) within the next two weeks. The students will be
able to see images of the Russian launch facility, the Soyuz rocket launch,
the crew transferring of the ecosystem, and the organisms adapting to their
new environment. Students will also participate in question and answer
sessions with the ISS crew.

Collaborating on their research via the Internet-based STARS program,
students will compare the on-orbit observations with ecosystem experiments in
their classrooms. Former participants in the Earth-based Biosphere 2 ecosystem
are serving as advisors to the project, which is designed to explore
sustaining human life on other planets and on long-duration spaceflights.

The STARS education program is an online, interactive cultural and
scientific exchange program for students aged 8-18. STARS enables young people
to achieve a better understanding of the connections between science and art;
advance their technological skills; and gain an appreciation of one’s culture,
history, and tradition while being actively involved in research that makes
the world a better place.

Coming this spring, Space Media will introduce its United Nations endorsed
STARS Academy(TM). Designed to draw on the excitement and mystique of space,
the STARS Academy will inspire teachers and young explorers as to the thrill
that comes from learning when taught in an engaging and inspirational fashion.
Each year, the STARS Academy will fly experiments in space, including next
year’s seven student-designed experiments onboard the U.S. National
Aeronautics and Space Administration’s (NASA) Space Shuttle mission, STS-107.

Founded in 1984, with more than $100 million in annual revenue, SPACEHAB,
Inc., is a leading provider of commercial space services. The company is the
first to develop, own, and operate habitat modules and cargo carriers
providing laboratory facilities and resupply capabilities aboard NASA’s Space
Shuttles. It also supports astronaut training at NASA’s Johnson Space Center
in Houston and builds space-flight trainers and mockups. SPACEHAB’s Astrotech
subsidiary provides commercial satellite processing services at facilities in
Florida and California in support of a range of expendable launch vehicles,
including Lockheed Martin’s Atlas and Boeing’s Delta and Sea Launch rockets.
SPACEHAB’s Space Media, Inc. subsidiary, will bring space into homes and
classrooms worldwide with television and Internet broadcasting from the
International Space Station.

This release contains forward-looking statements that are subject to
certain risks and uncertainties that could cause actual results to differ
materially from those projected in such statements. Such risks and
uncertainties include, but are not limited to, whether the company will fully
realize the economic benefits under its NASA and other customer contracts, the
timing and mix of Space Shuttle missions, the successful development and
commercialization of new space assets, technological difficulties, product
demand, timing of new contracts, launches and business, market acceptance
risks, the effect of economic conditions, uncertainty in government funding,
the impact of competition, and other risks detailed in the Company’s
Securities and Exchange Commission filings.