Empresas y finanzas

LeoTerra Enters Into Unique Relationship with TerreStar Networks



    LeoTerra LLC, an emerging Low-Earth Orbit (LEO) satellite
    communications company and TerreStar Networks Inc., a subsidiary of
    Motient Corporation (MNCP), announced today their intent to explore
    the feasibility of providing interoperable, advanced global mobile
    broadband communication services from their respective LEO and
    Geo-Stationary (GEO)-based satellite networks. The interoperability of
    these LEO/GEO satellite communication systems would provide global
    mobile broadband communications to support public safety and emergency
    providers as well as offer rural connectivity and wholesale wireless
    network extension services to retail operators.

    Over the past several months, LeoTerra and TerreStar have been
    working together to develop a strategy to provide previously
    unavailable products and services over both networks using a common
    terminal or handset device. LeoTerra and TerreStar have asked Surrey
    Satellite Technology Ltd (SSTL), LeoTerra's satellite design partner,
    to study these advanced services.

    "Working with our leading-edge small satellite builder and
    TerreStar, we hope to design an innovative platform to provide truly
    mobile broadband solutions across the globe," said David Marshack, CEO
    of LeoTerra LLC.

    "Emerging customer requirements are compelling us to explore this
    opportunity," said Robert H. Brumley, President and CEO of TerreStar
    Networks Inc. "By combining our unique capabilities with LeoTerra's
    and SSTL we hope to provide our government and commercial partner's
    access to IP-based, global mobile broadband access anywhere."

    Based on a platform designed by Surrey Satellite Technology Ltd.,
    a leader in the design, manufacture and deployment of LEO satellites,
    LeoTerra's network will look to employ small, high-power satellites
    that will allow on-demand constellation growth while providing new,
    higher levels of service. By coupling LeoTerra's scalable design with
    the flexibility of TerreStar's all-IP, integrated GEO
    satellite/terrestrial network, the team hopes to provide users with
    previously unavailable coverage and adaptability. TerreStar plans to
    launch the largest, most advanced commercial communications satellite
    ever deployed.

    "SSTL is very pleased to have been invited to participate in
    exploring the feasibility of providing this innovative service. We
    expect that SSTL's unparalleled combination of value-for-money and
    extensive experience in orbit - gained through 26 satellite missions -
    will provide the team with a leading edge capability," said Sir Martin
    Sweeting OBE FRS, Director of the Surrey Space Centre and CEO of
    Surrey Satellite Technology Ltd.

    Over the coming months the team intends to work with vendor
    partners, government agencies and commercial enterprises to develop a
    suite of comprehensive, leading-edge products and services.

    About LeoTerra LLC

    LeoTerra (www.LeoTerra.com) was founded by space and broadband
    veterans to develop the world's first satellite system designed to
    deliver mobile broadband anywhere. The first satellites, launched into
    polar orbit, are planned for a 2008 launch.

    About TerreStar Networks Inc.

    TerreStar (www.terrestar.com), a subsidiary of Motient Corporation
    (MNCP), plans to build, own and operate North America's first
    next-generation integrated mobile satellite and terrestrial
    communications network that will provide universal access and tailored
    applications throughout North America over conventional wireless
    devices. With a first-to-market launch strategy in 2008, TerreStar
    expects to offer customer-designed products and applications over a
    fully optimized 4G IP network.

    About Motient Corporation

    Motient is the controlling shareholder of TerreStar Networks Inc.,
    and a shareholder of SkyTerra Communications and Mobile Satellite
    Ventures LP. For additional information on Motient, please visit the
    company's website at www.motient.com.

    About Surrey Satellite Technology Ltd.

    Based in Guilford, England, Surrey Satellite Technology Ltd. is a
    200-strong, $55M turnover private company formed in 1985 by the
    University of Surrey to commercialize the results of its innovative
    small satellite engineering research. The Company, majority owned by
    the University and with minority holdings by its staff and SpaceX
    (USA), has enjoyed steady growth in revenues of approximately 20% each
    year since 2000. SSTL recently acquired the SIRA Space Optics Division
    to enhance its in-house capability for satellite Earth observation
    instruments.

    SSTL was the first professional organization to offer low-cost
    small satellites with rapid response employing advanced terrestrial
    technologies.

    SSTL supplies the international marketplace, with customers
    including ESA, NASA, French DGA, USAF, US DOE, China and UK BNSC &
    MoD.

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    This press release may contain forward-looking statements within
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    respect to the strategy of Motient, its plans, and the transactions
    described in this press release. Such statements generally include
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