posted 10-26-2006 09:47 AM               

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SPACEHAB, Incorporated (NASDAQ: SPAB), a leading provider of commercial space services, announced today that it has consummated the sale of its space-related merchandise internet and retail entity, The Space Store.

The transaction was made with a private investor who will continue to operate the internet business under its existing name and website address. “While The Space Store was a unique means for bringing the excitement of space to the average enthusiast, it simply does not support our goals associated with arranging, processing, and delivering cargo to orbit,” stated Michael E. Kearney, SPACEHAB President and Chief Executive Officer.

Originally purchased through SPACEHAB’s Space Media subsidiary in 2000, The Space Store carries hundreds of different space items including NASA flight suits for adults and kids, space food, astronaut mission patches, space toys, and more.

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