does this mean if I have developed a product based on encryption it is better to incorporate outside of USA? and perhaps register a satelite in US only to import said products?
That has pretty much always been true. The crypto export laws are weaker than they used to be back in the PGP days, when PGP 2.6.2 was exported as a book to call the bluff of the whole thing, but they're still there and of some concern (especially if you intend your software to be used by citizens inside oppressive regimes which might be on The Export List).
I don't see why you'd need a 'satellite' to 'import'. There are no import restrictions I'm aware of in the US?
For a brief, non-normative summary of crypto law, please see: http://www.cryptolaw.org/