Englewood, CO., March 20, 2012: Surrey Satellite Technology US LLC (SST-US) today announced that it has been awarded a GSA Schedule 70 (Information Technology) contract that makes it easier for U.S. Government agencies and their authorized contractors to procure its unique portfolio of cost-effective space hardware and related services.

The new contract, which is effective for up to 20 years, enables agencies such as NASA, DoD, DARPA and the USAF to procure space-qualified satellite subsystems, avionics and optics and specialized Professional Engineering Services from SST-US for space-related missions without the administrative hurdles conventionally associated with procurement. It follows the NASA Rapid Spacecraft Development Office (“RSDO”) Rapid III IDIQ contract signed in 2010, through which Government customers can already procure the company’s SSTL-150, SSTL-300 and SSTL-600 satellite platforms.

Dr. John Paffett, SST-US CEO stated, “Our GSA contract is another way we can provide our customers with access to cost-effective and timely solutions that reduce total mission costs. Several of our satellite platforms can be ready to launch in less than 12 months, so streamlining the procurement process was an obvious way to save our customers both time and money. Our offerings are now available through a variety of contracting vehicles including our E-Commerce website, all of which offer competitive, pre-agreed terms and pricing, providing customers with the speed, flexibility and reliability they need to fulfill their mission objectives.”

Government agencies will be able to view and purchase SST-US’s Government-approved GSA satellite systems and services through GSAAdvantage!(R), the U.S. Government’s primary online procurement system by mid-April.

SST-US is exhibiting at the National Space Symposium , Booth 122, April 16th to 19th and interested parties are invited to discuss how the GSA and RSDO contracting vehicles can be used to support immediate and future mission challenges.

For more information about SST-US’s government contracts and product range visit http://www.sst-us.com/shop/government-customers About Surrey Satellite Technology US LLC

SST-US is a Delaware registered company, with its principal offices located in Englewood, Colorado. The company, a wholly owned subsidiary of Surrey Satellite Technology Limited, was established in 2008 to address the United States market and its customers for the provision of small satellite solutions, applications and services.

The activities of SST-US draw extensively on the heritage, background and capability of all elements of the Surrey group, with a proven track record in provision of high quality, rapid, cost effective small satellite solutions, applications and services. SST-US’ owner, Surrey Satellite Technology Limited, is fully committed to establishment of the capability, approach, culture, ethos and product portfolio within the United States, going to lengths to ensure that the overseas expansion occurs transparently to its customer base without loss of capability or quality.

Since 1981 Surrey has launched 36 satellites as well as providing training and development programmes, consultancy services, and mission studies for NASA, the US Air Force, LANL, and other institutional and commercial customers, with its innovative approach that is changing the economics of space.

Notes to editor:

This press release can be downloaded as a Word or Pdf document at the following url: http://www.sst-us.com/News_and_events/Latest_News/

A 3D rendered graphic of the SSTL-600 platform and a portrait photograph of Dr. John Paffett are available at high resolution JPEG files upon request from the contacts below.

Contract details:

– NASA Rapid III Contract Number: NNG10AZ12B
– GSA Schedule 70 Contract Number: GS-35F-0261Y

Press contacts:

Becky Yoder, CFO, SST-US
Email: byoder@sst-us.com
Tel: (720) 256-2590
Robin Wolstenholme (UK / global)
Email: r.wolstenholme@bcmpublicrelations.com
Tel: +44 (0)1306 882288