PanAmSat provides expanded satellite services for Uruguay's free trade zone; MTI Offers Telecommunications Services for Businesses via PAS-1 Satellite

Business Wire, July 2, 1996

GREENWICH, Conn.--(BUSINESS WIRE)--July 2, 1996--PanAmSat Corporation (NASDAQ: SPOT) announced today that it had signed an agreement with Montevideo Teleport International (MTI) to provide international satellite transmission services for Zona Franca De Montevideo, one of Latin America's largest free trade zones. With the new agreement, MTI has tripled its satellite capacity on PanAmSat's PAS-1 Atlantic Ocean Region satellite for the transmission of telephone traffic, video conferencing and data communications from MTI's teleport facility in Montevideo, Uruguay.

"The MTI teleport is a vital communications link to one of South America's largest and most productive free trade zones," said Alvaro Gazzolo, PanAmSat's regional vice president, Latin America. "This expanded PAS-1 service enables companies conducting business in the region to access state-of-the-art telecommunications services and, in doing so, enhance their business capabilities and productivity."

PanAmSat has provided MTI with PAS-1 satellite capacity since 1993. The expanded PAS-1 service began July 1. The MTI facility is located inside the Montevideo free trade zone, which serves as a base of operations to many regional and multinational companies. Through the expanded PAS-1 service, these companies are able to transmit a variety of international signals over a wide geographic area, including much of Latin America. In addition, transmissions from MTI can be relayed through PanAmSat's teleport facility in Homestead, Florida, which allows access to PanAmSat's global satellite system.

PanAmSat is the world's first private-sector company to provide global satellite services. It offers satellite-based video and data communications services to more than 300 customers worldwide. The company currently operates a four-satellite global system: PAS-1 and PAS-3 over the Atlantic Ocean Region; PAS-2 over the Pacific Ocean Region; and PAS-4 over the Indian Ocean Region. PanAmSat plans to launch four additional satellites by early 1998, which will enable the company to operate multiple satellites in each ocean region worldwide. The next launch will deploy the PAS-6 satellite over the Atlantic Ocean Region in December 1996.

CONTACT: PanAmSat

Kevin Burgoyne, 203/622-6664