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Press Release |
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Sky Station International
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SENIOR SATELLITE INDUSTRY
EXECUTIVE LARRY YERMACK JOINS RAPIDLY GROWING SKY STATION TEAM Washington, D.C., June 23, 1997. Sky Station International, Inc., ("Sky Station"), the world’s leading developer of broadband wireless telecommunications services via stratospheric platforms, announced today that senior satellite industry executive Larry P. Yermack had joined its executive management team. "We are excited about having Larry Yermack’s engineering management skills on-board here at Sky Station," said Alexander P. Haig, President and Chief Operating Officer of Sky Station. "His track record of success at General Electric, RCA Astro, Orbital Sciences and Fairchild is recognized throughout the aerospace industry." Mr. Yermack was Senior Vice President, Space Systems and Subsystems at Orbital Sciences Corporation. He was previously President of Fairchild’s Space Division, Vice President of Programs at RCA Astro and Program General Manager at General Electric. At these positions he has managed the production of multiple satellites. Mr. Yermack joins Sky Station on August 4, 1997 as Executive Vice President for Systems Integration. Sky Station will commence deployment of a broadband wireless telecommunications system in 1999 using satellite-like payloads onboard stratospheric platforms kept stationary at 70,000 feet altitude. The "stratospheric satellites" will offer up to a million subscribers in each metropolitan area the opportunity to access the Internet at multi-megabit per second speeds. This unique Sky Station capability will open up video chat and other high speed Internet applications to a global audience. The U.S. Government gave its green light to the Sky Station technology in May 1997, and has announced its intention to authorize the operation of 40 Sky Stations for nationwide broadband Internet service before the year 2000. Other countries are also preparing to authorize the Sky Station technology as a complement to satellite and ground-based telecommunications systems.
For further information please contact: Artemis Scantalides, Manager, Corporate Communications |
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