Press Releases
Telesat’s Larry Boisvert set to enter global satellite hall of fame
Former CEO led satellite operator to record growth, technological achievement in 13-year tenure
OTTAWA, ON, February 16, 2007 - Telesat, one of the world’s leading satellite operators, announced today that Larry Boisvert, the company’s former president and CEO, will be inducted into the Society of Satellite Professionals International (SSPI) Hall of Fame on February 20.
In 34 years with Telesat, the final 13 as president and CEO, Mr. Boisvert returned Telesat to profitability, achieved dramatic growth and transformed the Ottawa-based company into an international competitor in satellite services. He also led Telesat in pioneering the commercialization of the Ka-frequency band for multimedia communications.
About the SSPI Hall of Fame
Since its inception in 1987, SSPI has recognized the valuable contributions of the people who have led the way in the satellite communications industry. Satellite professionals are inducted into the Hall of Fame in recognition of career accomplishments in satellite communications or other space applications over a period of at least 20 years. SSPI will conduct its tenth induction into the Hall of Fame at an invitational ceremony on February 20, 2007.
About Telesat
Headquartered in Ottawa, Telesat Canada is one of the early pioneers in satellite communications and systems management. Created in 1969, Telesat made history three years later with the launch of Anik A1, the world's first domestic communications satellite in geostationary orbit operated by a commercial company.
Telesat operates a fleet of satellites for the provision of broadcast distribution and telecommunications services, and is a highly respected consultant and partner in satellite ventures around the world. Telesat has offices throughout Canada, in the United States and in Brazil. On December 18, 2006, Telesat’s parent company, BCE Inc., agreed to sell the satellite operator for $3.42 billion to a new acquisition company formed by Canada’s Public Sector Pension Investment Board (PSP Investments) and Loral Space & Communications Inc. As part of the agreement, Loral will transfer the fixed satellite services and network services assets of Loral Skynet to the new acquisition company, which assets will be combined with Telesat’s.
For more information:
Dan Tisch or Karen Passmore (media only)
Argyle Rowland Communications
(416) 968-7311, ext. 223 or 228
dtisch@argylerowland.com
kpassmore@argylerowland.com
Marilynn Wright
Telesat
(613) 748-0123
