Barrett Xplore Inc. to Utilize 100 Percent of Canadian Capacity on Viasat-1 Broadband Satellite.

January 1, 2010

Woodstock, NB – Barrett Xplore Inc. and Loral Space & Communications Inc. (NASDAQ:LORL) announced today that Barrett Xplore Inc., Canada’s largest rural broadband provider, confirms that it will utilize all KA data capacity on the soon to be launched ViaSat 1 satellite, which will be geostationary (GEO) over Canada.

“Barrett Xplore Inc. has invested more than any other ISP in Canada in rural broadband technology and capacity.  There is simply no question that if we want to get broadband to 100 percent of Canadians, these next-generation, High Throughput Satellites (HTS) are the only way to get that job done.  Just as satellites enable Canadians to connect from coast to coast to coast through television and telephones, satellites will be critical in allowing all Canadians to enjoy the transformative benefits of broadband. Our decision to secure 100 percent of Loral’s Ka-band GEO capacity reflects our continued belief in a hybrid technology approach (fixed wireless and satellite) and the high broadband experience that HTS can deliver to meet the broadband needs of Canadians,” said John Maduri, CEO of Barrett Xplore.

“Barrett Xplore’s decision to secure 100 percent of Loral’s Ka-band GEO capacity on ViaSat-1 validates our confidence in the strong and growing importance of broadband over satellite,” said Michael Targoff, chief executive officer of Loral Space & Communications.  “We are very pleased to help facilitate Barrett Xplore’s delivery of high-quality Internet service to rural homes and businesses in Canada.”

The satellite is currently under construction at Space Systems/Loral and is on schedule to launch in early Q1 2011.  The satellite will allow Barrett Xplore to deliver a robust customer experience for accessing current and future bandwidth-intensive Internet applications with speeds as fast as 25Mbps.

About Barrett Xplore Inc.

Headquartered in Woodstock, New Brunswick, Barrett Xplore Inc. operates Xplornet Internet Services, Canada’s largest rural broadband provider, with customers and dealers in every province and territory. Barrett Xplore aims to bridge the urban/rural digital divide by ensuring that every Canadian, regardless of where they live, has access to broadband, thereby enabling them to compete effectively in the global economy and gain access to essential government and educational services. For additional information, please visit www.xplornet.com.

About Loral Space & Communications Inc.

Loral Space & Communications is a satellite communications company. It is a world-class leader in the design and manufacture of satellites and satellite systems for commercial and government applications including fixed satellite services, direct-to-home television, broadband communications, wireless telephony, weather monitoring and air traffic management. Loral also owns 64 percent of Telesat Canada, a global operator of telecommunications and direct broadcast satellites used to distribute video entertainment programming, broadband data, and provide access to Internet services and other value-added communications services. For more information, visit Loral’s web site at www.loral.com. LORL-G