Halal Communications signed an agreement with the Israel Defense Forces for the construction of the Amos 4 satellite in the amount of 365 million dollars

Tshak Nissan, CEO of IAI: "The signing of the 'Amos 4' communication satellite deal strengthens our position as a leading manufacturer of communication satellites and as the space house of the Israeli government" * The satellite, which will be placed over East Asia, could open new markets for communication space*Amos 3 will be launched in the first quarter of 2008

On July 8, 2007, the Aerospace Industries (IAI) entered into a system of agreements with Halal Communications Ltd. (in which IA holds approximately 20.5 percent of the issued capital), and with the Government of Israel, for the purchase of the "Amos 4" communications satellite from IA "A. As part of the signed agreements, other issues related to the operation of the communication satellite "Amos 4", to finance its purchase, and other issues were settled between the parties.

As agreed, the IAEA will produce the "Amos 4" satellite for JSC Space and hand it over to the ownership of JSC Space in its orbit in space, in the third quarter of 2012, after the end of the in-orbit testing phase. The life of the satellite is planned to be about 12 years.

In exchange for the "Amos 4" satellite, Israel Space Corporation will pay the Israel Defense Forces a total of about 365 million US dollars. Out of this amount, a part will be paid by Halal Co. to TEA until the satellite is accepted into Halal Co.'s ownership, after the tests are completed in orbit, and the other part will be paid to TEA by way of an irrevocable check of the government's commitment to pay Halal Co. the said amount , in respect of rights to use the "Amos 4" satellite, according to the progress of the satellite's construction. The amount of consideration to which the aforementioned company is entitled may be reduced as a result of its non-compliance of the satellite with different technical requirements according to predetermined mechanisms.

The Director General of the TAA, Yitzhak Nissan, said that: "The signing of the 'Amos 4' communication satellite deal strengthens our position as a leading manufacturer of communication satellites and the space house of the State of Israel. There is continuity between the 'Amos 3' and 'Amos 4' satellites. Signing this project and its development accelerates space technologies of the aerospace industry both in Israel and abroad."

Halal CEO: Amos 4 will strengthen the strategic capabilities of Halal Communications to a great extent, both in terms of the communication solutions that the company can offer and in terms of implementing the company's strategy to become global
• Amos 4 will be placed at a sky point between E76-E64 and is intended to serve Southeast Asia, Central Asia and Africa. The satellite will be produced by Israel Aerospace Industries.
• The company will become a global satellite communications provider, with coverage capabilities of over 80% of the Earth's population and first-rate technological capabilities.
• The price of the satellite in the deal is about 365 million dollars.
• Chalal Communications will pay approximately 100 million dollars, with the first payment amounting to 22.5 million dollars paid in January 2010, and the last payment in 2012 after the launch of the satellite. The balance of $265 million will be paid by the Israeli government, which has purchased satellite communication services in advance for all of its years of service.
• In the first quarter of 2008, the Amos 3 satellite should be launched into space to join Amos 1 and Amos 2 at sky point W4. The financing of Amos 3 has been completed and the satellite is in the advanced stages of completing production and preparations for launch.
Spacecom Ltd. (Spacecom), which provides satellite communication services using the Amos-1 and Amos-2 satellites, signed an agreement for the construction of the Amos-4 satellite with Israel Aerospace Industries and the Israeli government.

As part of the agreement, it was determined that the IAA will produce the Amos 4 satellite at a total cost of approximately 365 million dollars. Chalal Communications will pay 100 million dollars, with the first payment being made in January 2010 and amounting to 22.5 million dollars, and the last payment amounting to 6.25 million dollars will be paid Upon receipt of the satellite, the balance of $265 million will be paid by the Israeli government, which has purchased satellite communication services for the entire duration his years of service.

David Polak, CEO of Space-Communications: "This agreement is an important achievement for Space-Communications and jumps the company forward in a dramatic way, both in terms of the capabilities and services it will provide through the Amos 4 satellite and in terms of the service areas and scopes of activity it will be able to provide to its customers. This agreement also upgrades the high capacity of the Israel Defense Forces in building satellites as demonstrated in the series of Amos and Ofek satellites manufactured by the Israel Defense Forces.

Space-Communication Management has previously demonstrated its managerial and executive ability to finance and successfully implement its strategy to become a global and dominant player in the global satellite communications market through the array of satellites it operates and through the satellites it plans to launch into space. Amos 4 is an important pillar in the implementation of this strategy.
As part of its strategy, Halal-Communications intends to continue to significantly increase the scope of its activities, both in the existing markets and in new markets which it will address through the Amos 3 satellite that will be launched into space soon and through the Amos 4 satellite and additional satellites that the company is planning. Amos 4 will open up new markets for the company and allow it to implement new strategies and reach diverse customers. The array of satellites that the company will operate with the launch of Amos 4 will allow it to cover about 80% of the Earth's population.

The position of Amos 4 in space will be an arc between 64E and E76. This is a different location from the location where Amos 1 and Amos 2 (4W) are currently located, and where Amos 3 is also supposed to be launched. Amos 4 is supposed to be launched in 2012 and its life span is supposed to be 12 years. Space Communications will use eight broadband transponders of 108 MHz each in the Ku range, and four Hi Power transponders of 216 MHz each in the high Ka range, with one mobile beam in the Ku range and one mobile beam in the Ka / Ku range, while the remaining capacity of the Amos 4 satellite will be made available to the government Israel.

In the first quarter of 2008, Haval Communications is supposed to launch its next satellite, Amos 3, into space, after a few months ago the company completed the financing of the satellite in the amount of 170 million dollars.

About space

Spacecom provides broadcasting and satellite communication services using the Amos-1 and Amos-2 satellites in Europe, the Middle East and the East Coast of the USA. Spacecom's major clients in Israel include the YES satellite television company, the Israeli government , the Broadcasting Authority, the Second Authority (Channel 2 and Channel 10) and Gilat. Among its major clients abroad is HBO, which operates a platform DBS satellite in Romania, Telespecio, Antena-Hungary and many other commercial and public broadcasters.

The company was founded in the early 90s as a joint venture of Israel Aerospace Industries, GSSC, H. Group. Mr. Vagilat (Eurocom Holdings Group has since acquired Gilat's share in the company), and began its activity in the provision of satellite communication services in 1996 with the launch of the Amos-1 communication satellite developed and manufactured by the Israel Aerospace Industries. Halal-Communications continued to establish its position as a leading satellite operator in the Israeli market, in the Middle East and in Europe with the launch of the Amos-2 satellite which is fully owned by the company.

Amos-2 was launched at the end of December 2003, and began commercial operations in April 2004. This satellite serves customers in three service areas: Israel and the Middle East, Europe and the US East Coast. The uniqueness of Amos-2 is expressed in its high power, which allows customers to receive the broadcasts with a small reception antenna and in excellent quality. Amos-2 provides broadcasting and communication services, such as the distribution of television and radio broadcasts directly to viewers' homes, the distribution of television and radio broadcasts to cable centers, the distribution of Internet services, data transmission to communication networks, and more. The Amos-2 satellite has 22 active space segments, each with a bandwidth of 36 MHz, as well as six additional space segments for backup.

Amos-3 is scheduled for launch in the first quarter of 2008 and will replace Amos-1 which is expected to end its life in the second half of 2008 or so. The launch of Amos-3 is planned for co-location with Amos2 at 4°W. Amos 3 will cover a larger area than Amos 2 and will be a more advanced communication satellite both in the use of the Ka frequency range in addition to the Ku range used by Amos-2, and because Amos-3 will have mobile beams that can be diverted to selected service areas after the satellite is launched.