THE NATIONAL SPACE SOCIETY AND SPACE ADVENTURES TEAM UP TO SUPPORT COMMERCIAL SPACE EXPLORATION

Washington, D.C., August 14, 2002: The National Space Society (NSS) and Space Adventures, Ltd., have announced a joint program to promote commercial space exploration and to advance the day when humans will live and work in space. The two organizations will work together on a number of space tourism initiatives including joint conferences and events.

"Tourism will be critical in creating the market for space settlement,"said NSS Vice President of Public Affairs, Christopher M. Pancratz. "This opportunity allows NSS to partner with the premier space tourism provider in anticipation that mass-market space tourism will soon begin with sub-orbital flights to altitudes exceeding 100 km."

The partnership is also intended to provide NSS members with unique benefits and to bring space advocates closer to the next frontier through a number of Space Adventures' experiences. NSS members will receive discounts on select programs such as terrestrial tours, zero-gravity and supersonic jet flights, and sub-orbital space flights. Space Adventures will also operate an NSS members-only tour.

ÒWe are proud to be partnering with NSS, the worldÕs oldest active space advocacy organization,Ó said Space Adventures President and CEO Eric Anderson. "Space Adventures looks forward to make the dream of space travel a reality for their members and the general public."

Space Adventures will also include a free one-year NSS membership with the purchase of select space experiences.

The National Space Society, formed in 1974 by Wernher von Braun, is an independent, non-profit space advocacy organization headquartered in Washington, D.C. Its 35,000 members and over 50 chapters around the world actively promote a spacefaring civilization. To join NSS or for more information on the organization and space exploration, visit http://www.nss.org or call 202-543-1900.

Space Adventures, Ltd., the world's leading space tourism company, offers a wide range of space experiences, from zero-gravity and Edge of Space flights, cosmonaut training and space flight qualification programs, to actual flights into space. Headquartered in Arlington, VA and with an office in Moscow, Russia, Space Adventures is currently developing sub-orbital space flights scheduled to operate in 2005. For more information, visit http://www.spaceadventures.com or call 1-703-524-7172.

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CONTACT:

National Space Society                                                                   Space Adventures

Alison Schutt                                                                                      Tereza Predescu

202-543-1900                                                                                     703-524-7172