ViaSat To Add Another $154 Million to Its Shelf Registration

VSAT NEWS

Carlsbad CA (SPX) Jun 22, 2004
ViaSat Inc. has filed a universal shelf registration statement with the Securities and Exchange Commission for the future sale of up to $154 million of debt securities, common stock, preferred stock, depositary shares and warrants.

ViaSat currently has available $46 million of these securities, which were previously registered under a shelf registration statement that ViaSat originally filed in September 2001.

Following the effective date of the recently filed universal shelf registration statement, up to $200 million of the securities may be offered from time to time, separately or together, directly by ViaSat or through underwriters at amounts, prices, interest rates and other terms to be determined at the time of the offering.

ViaSat currently intends to use the net proceeds from the sale of the securities under the shelf registration statements for general corporate purposes, including acquisitions, capital expenditures, working capital and the repayment or refinancing of its debt.

The universal shelf registration statement, which also constitutes a post-effective amendment to the shelf registration statement filed in September 2001, has not yet become effective.

These securities may not be sold nor may offers to buy be accepted before the universal shelf registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of ViaSat. The offering of ViaSat securities will be made only by means of a prospectus.

VSAT NEWS

Gilat Satcom Signs Contract With Intersputnik To Lease Capacity On LMI-1 Telcom Satellite

Moscow (SPX) Jun 21, 2004
The Intersputnik International Organization of Space Communications will lease four transponders of the LMI-1 satellite (75o East) to the Israeli telecommunications operator Gilat Satcom Ltd. The contract was signed as Intersputnik’s delegation was visiting Israel.