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Telesat Taps Satellite Industry Veteran Mauro Wajnberg To Lead Its Growing Operations In Brazil

RIO DE JANEIRO, BRAZIL, November 12, 2012 – Telesat Brasil Capacidade de Satélites Ltda. (“Telesat Brasil”) today announced the appointment of Mauro Wajnberg as its General Manager. Telesat Brasil is a long-time and leading provider of satellite capacity in Brazil.

Mr. Wajnberg brings to Telesat Brasil more than 20 years of experience in the satellite communications industry. He most recently was Director of Marketing and Products at Brazilian satellite operator Star One where he worked for the past 10 years. Prior to that, Mr. Wajnberg held several positions in major telecom companies focusing on satellite services for the corporate market, including the deployment of the first VSAT networks in Brazil. He presently serves as president of the Brazilian chapter of the Society of Satellite Professionals International (SSPI).

“Mauro Wajnberg is an important addition to Telesat and we are fortunate to have someone with his deep market knowledge and industry experience leading our activities in Brazil,” said Dan Goldberg, President and CEO of Telesat Canada, Telesat Brasil’s parent company. “Telesat Brasil has been actively involved in the Brazilian market since 1999 when it secured from Anatel the rights to Brazil’s 63 degree West orbital slot. Today the satellite positioned at that slot, Estrela do Sul 2 (Telstar 14R), is highly utilized and we continue to identify opportunities for expansion in Brazil – opportunities we expect will result in meaningful growth under Mauro’s leadership.”

“I look forward to further developing Telesat’s already robust business in Brazil,” said Mauro Wajnberg. “Telesat Brasil’s strong record of success in this market over the past decade has been driven by its ability to deliver real competitive advantages to Brazilian customers. Telesat’s new Anik G1 satellite, scheduled to launch early next year, will build on this record by bringing additional C-band and Ku-band capacity to Brazil and to Latin America. There will then be four Telesat satellites with extensive coverage of Brazil and the surrounding region. I look forward to working with the outstanding Telesat team in Brazil and throughout the world to expand our activities and continue to offer the innovative, state-of-the-art satellite technology and world class customer support and responsiveness that customers have come to expect from Telesat.”

About Telesat (www.telesat.com)
Telesat Brasil, headquartered in Rio de Janeiro, is a satellite company with extensive operations in Brazil. It is owned by Telesat Canada, a leading global fixed satellite services operator that provides reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecom, corporate and government customers. Telesat’s state of the art fleet consists of 13 satellites and the Canadian payload on ViaSat-1, plus one satellite awaiting launch. Telesat also manages the operations of additional satellites for third parties.

Forward-Looking Statements Safe Harbor
This news release contains statements that are not based on historical fact and are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words “will”, “expect”, “scheduled to” or other variations of these words or other similar expressions are intended to identify forward-looking statements and information. Actual results may differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown risks and uncertainties. Detailed information about some of the known risks and uncertainties is included in the “Risk Factors” section of Telesat Canada’s Annual Report on Form 20-F for the fiscal year ended December 31, 2011 filed with the United States Securities and Exchange Commission (SEC) on February 22, 2012 as well as Telesat Canada’s other filings with the SEC, which can be obtained on the SEC’s website at http://www.sec.gov. Known risks and uncertainties include but are not limited to: risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures or impaired satellite performance, volatility in exchange rates and risks associated with domestic and foreign government regulation. The foregoing list of important factors is not exhaustive. The information contained in this news release reflects Telesat’s beliefs, assumptions, intentions, plans and expectations as of the date of this news release. Except as required by law, Telesat disclaims any obligation or undertaking to update or revise the information herein.

For further information:
Gerry Nagler, Telesat +1 908 470-4907 (gnagler@telesat.com

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