SPACEHAB, Inc., a
leading provider of commercial space services, today announced that Carolyn
Griner, Vice President and General Manager of SPACEHAB’s Huntsville
Operations, is the recipient of a 2001 Lifetime Achievement Award from Women
in Aerospace (WIA).

Griner joined SPACEHAB in March to establish the company’s Huntsville,
Alabama, office.
Recently retired from a 36-year career with the National
Aeronautics and Space Administration (NASA), she brings a wealth of experience
to the SPACEHAB team.
At the time of her retirement, Griner was serving as
Deputy Director of NASA’s Marshall Space Flight Center (MSFC) in Huntsville,
overseeing a $2.5 billion budget, 2600 civil servants, and 4000 on-site
contractors.

“I have worked with Carolyn for many years and have found her to be of the
highest caliber of leaders contributing to our nation’s space program,” said
NASA Johnson Space Center Acting Director Roy Estess, who nominated Griner for
the award.
“We are pleased and privileged to have Carolyn on our team,” said
SPACEHAB Chairman and Chief Executive Officer Dr. Shelley A. Harrison.
“I’m
confident that our Huntsville office will prosper with her in charge.”

Griner is currently Program Manager for the Microgravity Alliance, a team
of Huntsville area companies headed by SPACEHAB as prime contractor, that is
competing for a multiyear contract to provide microgravity research systems
development and operations support services to MSFC.

WIA’s annual Lifetime Achievement Award is granted for achievements over a
career in aerospace and service to women in the field.
Griner has served as a
role model for women in that she was MSFC’s first female Chief Engineer and
first female Deputy Director; the first female “technical” member of the
Senior Executive Service at NASA; leader of an all-female Space Shuttle flight
simulation crew in 1971; and one of a group of female astronaut finalists
interviewed by NASA for flight on the first Space Shuttle missions.
She
participated in formal and informal mentoring initiatives at NASA and
continues that mentoring today.
She is a strong advocate of woman-owned and
other small businesses.

WIA (http://www.womeninaerospace.org ) is a Washington, D.C.-based
organization dedicated to expanding women’s opportunities for leadership and
increasing their visibility in the aerospace community.
Any person who
supports WIA’s mission and goals is eligible for membership.
Previous WIA
awardees include U.S. Sen. Barbara Mikulski (D-MD), U.S. Rep. Constance
Morella (R-8-MD), former U.S. Air Force Secretary Sheila Widnall, and NASA
astronauts Eileen Collins and Ellen Ochoa.

Founded in 1984, with more than $100 million in annual revenue, SPACEHAB,
Inc., is a leading provider of commercial space services. The company
develops, owns, and operates habitat and laboratory modules and cargo carriers
aboard NASA’s Space Shuttles. It also supports astronaut training and
configuration management 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 California and
Florida.
SPACEHAB’s newest strategic growth initiative, SPACEHAB Huntsville,
will provide customer-focused end-to-end services to the space research
community at NASA’s Marshall Space Flight Center in Huntsville, Alabama.
SPACEHAB subsidiary Space Media, Inc.(TM), brings space into homes and
classrooms worldwide with television and Internet broadcasting from the
International Space Station, interactive education programs through STARS
Academy (http://www.starsacademy.com ), and space merchandise from The Space
Store (http://www.thespacestore.com ).

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.