JSAT Press Release


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May 20, 2003
Japan CableCast Inc.
JSAT Corporation

Japan CableCast Adopts New Brand: JC-HITS

Japan CableCast Inc. ("CableCast"; President: Norikazu Yabushita; Head Office: Chuo-ku, Tokyo) announced that it has changed the brand name of its digital content distribution service for cable TV operators to JC-HITS, effective from today.

The new brand name combines Japan CableCast's initials ("JC") with the former brand name of its digital content distribution service, J-HITS. This move will pave the way for the start of services.

Under the new JC-HITS brand, CableCast is now working to launch services that provide optimal digitalization solutions for cable TV operators.

CableCast asks for your continued support and understanding in this endeavor.

New Logo Accompanying Change in Brand Name
1. New logo

2.	Origin of new logo
	JC-HITS is a digital program distribution service for cable TV operators using communications satellites. The new logo is a group of spheres representing JC-HITS' provision of multiple, high value-added services for CATV operators throughout Japan.

* JC-HITS is pending trademark registration.

Reference

Profile of Japan CableCast Inc.

Name	Japan CableCast Inc.
President	Norikazu Yabushita
Address	Yaesu Mitsui Building 9F 7-2, Yaesu 2-chome, Chuo-ku, Tokyo
Capital	¥400 million (wholly owned by JSAT Corporation)
Business activities	Provision of JC-HITS digital content distribution service for cable TV operators using communication satellites

Profile of JSAT Corporation

Name	JSAT Corporation
President & CEO	Takuya Yoshida
Address	Pacific Century Place Marunouchi 17-18F 11-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-6218 Japan
Capital	¥53,700 million
Business activities	JSAT Corporation is a leading satellite operator in the Asia Pacific region. The company owns and operates eight satellites in seven orbital slots. JSAT provides communications and broadcasting services that offer a variety of solutions to a wide range of customers. Based on its corporate slogan, "JSAT, Expanding Horizons," the company is actively expanding its operation internationally and cultivating new customer sectors. JSAT is listed on the First Section of the Tokyo Stock Exchange.