SPACEHAB's Houston Location Changes Address
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Company Relocates to Streamline Operations HOUSTON--(Business Wire)-- SPACEHAB Inc., (NASDAQ:SPAB), today announced the relocation of its corporate headquarters to 907 Gemini, Houston, Texas 77058-2762. The new location is in the Clear Lake area in proximity to NASA's Johnson Space Center. All phone and fax numbers have remained the same. The new facility accommodates the ongoing fabrication and manufacturing operations, enabling the Company to continue its efforts in prototype, mockup and flight hardware development and production. "At SPACEHAB, we are constantly striving to find ways to serve our clients, while improving profitability," said Brian Harrington, SPACEHAB Chief Financial Officer. "I believe that this relocation and consolidation is integral to our strategic plans, and will provide a more efficient working environment for our employees." About SPACEHAB, Incorporated SPACEHAB is a commercial and entrepreneurial force in the space industry providing a full spectrum of products and services to both the government and private sectors. The Company offers space access and payload integration services, production of valuable commercial products in space, spacecraft pre-launch processing facilities and services, development and extension of space-based products to the consumer market, and program and engineering support ranging from development and manufacturing of flight hardware to large scale government project management. The statements in this document may contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, trends, and uncertainties that could cause actual results to be materially different from the forward-looking statement. These factors include, but are not limited to, continued government support and funding for key space programs, product performance and market acceptance of products and services, as well as other risk factors and business considerations described in the company's Securities & Exchange Commission filings including the annual report on Form 10-K. Any forward-looking statements in this document should be evaluated in light of these important risk factors. The Company assumes no obligation to update these forward-looking statements. SPACEHAB, Inc. Corporate Marketing and Communications Tania Shupe, 713-558-5299 tshupe@spacehab.com Copyright Business Wire 2008
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