Telesat, the world's longest-standing commercial satellite operator, announced today that it is the recipient of the prestigious 2004 Frost & Sullivan Regional Satellite Operator Award.

Telesat earned this distinction for its strategy and product innovation, which have given the company a competitive advantage over both regional and global operators.

Frost & Sullivan, a global growth consulting firm, recognizes top companies around the world for their leadership, strategy, development and innovation.

"For 35 years, Telesat has been striving to provide cutting-edge technology and end-to-end service for customers, and it's exciting to earn recognition for our success," said Larry Boisvert, Telesat's president and CEO.

"With record revenue in 2003 and seven consecutive years of earnings growth, it's clear we have the right strategy and we're on the right track."

Each year, Frost & Sullivan gives the Regional Satellite Operator Award to the operator that best competes against all other operators in a region, showing increased revenue, broadened service or product offerings, and strategies that give the company a leading edge over its competition.

"Telesat has very strong broadcasting and consulting services divisions, and is far ahead of any other operator in deploying Ka-band capacity on its satellites," explained Karim Nour, Frost & Sullivan Analyst. "Operating in a market with global behemoths, Telesat is a contender that is impossible to ignore."

A full-service satellite systems provider, Telesat has seen steady growth in its North American customer base. For example, the company now provides operations and/or maintenance services to more than 20,000 VSAT (Very Small Aperture Terminal) locations across the continent.

With FCC approvals permitting authorized U.S.-based earth stations to receive C-, Ku- and Ka-band signals from Telesat satellites, this should further enhance the company's competitive position across America.