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NASA Recognizes Ball Aerospace's Finley for Spitzer Space Telescope Contribution

August 17, 2007

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Paul Finley has been awarded NASA's Exceptional Public Service Medal for his work on the Spitzer Space Telescope.

BOULDER, Colo., August 17, 2007 – Ball Aerospace & Technologies Corp. Project Engineer Paul Finley has been awarded NASA's Exceptional Public Service Medal for his work on the Spitzer Space Telescope.

NASA’s most prestigious honor awards are presented to a number of carefully selected individuals and groups, both government and non-government, who have made outstanding contributions to a NASA mission. The award signifies unusual initiative or creative ability that clearly demonstrates substantial improvement in engineering, aeronautics, space flight, administration, support, or space-related endeavors which contribute to NASA. Finley has been tracking telemetry and predicting mission lifetime since the launch of Spitzer in 2003.

“It’s quite an honor to be recognized for my mission operations work,” said Finley. “The award is a testament to how well the hardware continues to function and the exceptional science that is being returned by Spitzer.”

Spitzer employs cryogenic technology that Ball Aerospace pioneered with its Infrared Astronomical Satellite launched in 1983. The unique cryogenic system allowed Spitzer to be launched warm and cooled on orbit – an innovative technique that is expected to extend the mission duration by at least two years. Ball Aerospace also built two of the three science instruments aboard the satellite.

The Spitzer Space Telescope was NASA’s fourth and final mission in the Great Observatories series. Ball Aerospace has contributed to all four of NASA’s Great Observatories, including the Hubble Space Telescope in 1990, the Compton Gamma Ray Observatory in 1991, and the Chandra X-ray Observatory in 1999.

Ball Aerospace & Technologies Corp. supports critical missions of important national agencies such as the Department of Defense, NASA, NOAA and other U.S. government and commercial entities. The company develops and manufactures spacecraft, advanced instruments and sensors, components, data exploitation systems and RF solutions for strategic, tactical and scientific applications. Over the past 50 years, Ball Aerospace has been responsible for numerous technological and scientific ‘firsts’ and acts as a technology innovator for the aerospace market.

Ball Corporation is a supplier of high-quality metal and plastic packaging products for beverage, food and household customers, and of aerospace and other technologies and services, primarily for the U.S. government. Ball Corporation and its subsidiaries employ more than 15,500 people worldwide and reported 2006 sales of $6.6 billion.


Forward-Looking Statements
This release contains "forward-looking" statements concerning future events and financial performance. Words such as “expects,” “anticipates,” “estimates” and similar expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties which could cause actual results to differ materially from those expressed or implied. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key risks and uncertainties are summarized in filings with the Securities and Exchange Commission, including Exhibit 99.2 in our Form 10-K, which are available at our Web site and at www.sec.gov. Factors that might affect our packaging segments include fluctuation in consumer and customer demand and preferences; availability and cost of raw materials, including recent significant increases in resin, steel, aluminum and energy costs, and the ability to pass such increases on to customers; competitive packaging availability, pricing and substitution; changes in climate and weather; crop yields; industry productive capacity and competitive activity; failure to achieve anticipated productivity improvements or production cost reductions, including those associated with our beverage can end project; the German mandatory deposit or other restrictive packaging laws; changes in major customer or supplier contracts or loss of a major customer or supplier; and changes in foreign exchange rates, tax rates and activities of foreign subsidiaries. Factors that might affect our aerospace segment include: funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts. Factors that might affect the company as a whole include those listed plus: accounting changes; successful or unsuccessful acquisitions, joint ventures or divestitures; integration of recently acquired businesses; regulatory action or laws including tax, environmental and workplace safety; governmental investigations; technological developments and innovations; goodwill impairment; antitrust, patent and other litigation; strikes; labor cost changes; rates of return projected and earned on assets of the company's defined benefit retirement plans; pension changes; reduced cash flow; interest rates affecting our debt; and changes to unaudited results due to statutory audits or other effects.

 

 

 

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