NEW YORK, Aug. 8, 2012 (GLOBE NEWSWIRE) ? Loral Space & Communications (Nasdaq:LORL) invites shareholders, analysts and professional investors to participate in a conference call on Monday, August 13, 2012 with Loral Chief Executive Officer Michael B. Targoff, to discuss the company?s status and plans for future shareholder communications.
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On June 26, 2012, Loral announced that it had entered into a definitive agreement to sell its manufacturing division, Space Systems/Loral, to MacDonald, Dettwiler and Associates Ltd. As a result of the transaction and the more simplified corporate reporting structure, Loral does not expect to routinely issue earnings press releases or hold quarterly conference calls. For detail on Loral?s equity investment in Telesat, investors are advised to follow Telesat?s investor communications.
Pertinent information about Loral, such as corporate expenses, cash requirements, and strategic activity, will be available to investors in the 10-K and 10-Q reports filed with the Securities and Exchange Commission (SEC), and any material developments will also be the subject of SEC filings or separate press releases as appropriate. Loral?s second quarter earnings report will be filed on August 9, 2012.
The conference call will begin at 4:00 pm ET on Monday, August 13, 2012.
Date: August 13, 2012
Time: 4:00 PM ET
Listen via Internet: http://investor.loral.com/
Schedule this webcast into MS-Outlook calendar (click open when prompted):
http://apps.shareholder.com/PNWOutlook/t.aspx?m=54983&k=5C4CCA51
Telephone: (973) 200-3060
Toll-free: (877) 831-3841
To participate, please dial (973) 200-3060 or toll free at (877) 831-3841 approximately ten minutes prior to the scheduled start of the call. A listen-only web cast of the call is available on the Investor Relations section of Loral?s web site (http://investor.loral.com/events.cfm) under ?Events & Presentations.? A replay of the web cast will be available for 30 days.
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