Intelsat Enhances Its Data, Carrier - Internet Business Unit with Two New Executives

Press Release From: GenCorp
Posted: Thursday, August 7, 2003

Intelsat has appointed a new Vice President for Sales, Stephen Spengler, to manage global sales for its largest customer segment, Data, Carrier & Internet (DC&I). The company has also named a new Regional Vice President, Asia Pacific, Ashley Fernandes, who will lead sales and marketing support activities in that region, further strengthening this business unit.

Mr. Spengler is responsible for the global coordination of all sales staff, operations and regional offices within the DC&I group, ensuring full support for the unit's global financial and service growth objectives. He has overall responsibility for the unit's functional activities, as well as the leading role in developing DC&I's customer acquisition and retention strategy.

Before joining Intelsat, Mr. Spengler served as Senior Vice President of Global Sales, Broadband Access Networks, at Cirronet, Inc., where he developed and managed worldwide sales and distribution for the company's new wireless access product line. Mr. Spengler had previously worked for ViaSat Satellite Networks as Vice President for Sales and Marketing, and for its predecessor, Scientific-Atlanta Satellite Networks, where he was responsible for global sales of its voice and data satellite network technologies. Mr. Spengler also led Scientific-Atlanta's Satellite Networks business in Europe, Middle East & Africa while based in London.

Mr. Fernandes, now Regional Vice President, Asia Pacific Sales for Intelsat's DC&I Business Unit, is responsible for leading and managing Intelsat's international DC&I sales and marketing support team for the Asia Pacific region. The position is based in Singapore and includes responsibility for all customer relationships and sales support activities for the region.

Mr. Fernandes comes to Intelsat from PanAmSat, where he served as Vice President - Asia Pacific. Prior to that position, he held several key sales roles, all within the Asia Pacific region. At BT/Concert Global Networks he established and managed a regional sales and engineering team servicing Asian-based international telecom carriers, ISPs and multinational corporations. Prior to that role, Mr. Fernandes worked with MCI in their Carrier business and also with Telstra where, as the Regional Vice President, he was responsible for establishing their Singapore-based regional sales office that served the ASEAN and Indian market for voice and data services.

"Mr. Spengler and Mr. Fernandes each bring superior knowledge and skills that will enhance our ability to address customer needs and ensure Intelsat's continued leadership and development in the data, carrier and Internet market," said John Stanton, President, Intelsat DC&I Business Unit. "Mr. Spengler's focus on our global business will ensure that Intelsat continues to have the most professional sales force in this business, while Mr. Fernandes' extensive experience in Asia and his presence in Singapore will be an asset in that region."

About Intelsat

Intelsat, Ltd. offers telephony, corporate network, video and Internet solutions around the globe via capacity on 26 geosynchronous satellites in prime orbital locations. Customers in approximately 200 countries rely on Intelsat satellites and ground resources for quality connections, global reach and reliability. For more information, visit


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Some of the statements in this news release constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. The forward-looking statements made in this news release reflect our intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors, many of which are outside of our control. Important factors that could cause actual results to differ materially from the expectations expressed or implied in the forward-looking statements include known and unknown risks. Known risks include, but are not limited to, insufficient market demand for the services offered by us; the quality and price of services offered by our competitors; the risk of delay in implementing our business strategies; political, economic and legal conditions in the markets we are targeting for communications services or in which we operate; and general economic conditions. More detailed information about the known risks is included in our annual report on Form 20-F for the year ended December 31, 2002 on file with the U.S. Securities and Exchange Commission. Because actual results could differ materially from our intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this news release with caution. Intelsat does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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