LightSquared and CareConnect to Mobilize Seniors

RESTON, Va. and LIBERTY TOWNSHIP, Ohio, Oct. 5, 2011 /PRNewswire/ -- LightSquared, a wholesale carrier building a nationwide wireless broadband network that will create consumer choice and drive industry innovation, and CareConnect™, the flagship brand of ESCO Technologies, LLC, and America's #1 communications solution for the senior housing industry, have signed a wholesale agreement that will enable CareConnect to deliver high-speed mobile data services to its customers.

The senior population in the United States is growing dramatically and is very active, mobile and increasingly technology-savvy. CareConnect is addressing these trends by providing next-generation services and products, including emergency response systems, telephone systems, fixed high-speed Internet access and satellite television services to senior housing facilities throughout the country.

Operating on LightSquared's nationwide network, CareConnect will be able to deploy the most advanced wireless services available. Residents in CareConnect-supported communities will be able to access and manage their daily schedules, receive community updates, access the Web, video chat with family and friends and run other applications while using the latest mobile devices.  

"The senior population in the U.S. is growing, and their need for advanced communications, information and entertainment is also growing," said Jerry Grove, president of ESCO Technologies/CareConnect. "By partnering with LightSquared, we gain access to a great network that enables us to quickly and cost-effectively deploy new mobile services on the latest devices."  

"We selected LightSquared because of its world-class 4G LTE network, open interfaces, wholesale-only model, and attractive economics," added Chris Lutts, vice- president, networks and operations at ESCO Technologies.  "LightSquared is a critical component of our mobile broadband strategy."

"This is a great example of LightSquared positively impacting a rapidly growing demographic of the U.S. population," said Sanjiv Ahuja, chairman and chief executive officer of LightSquared. "LightSquared's wholesale-only business model, which delivers wireless connectivity at extremely competitive rates with no retail competition with our wholesale partners, will enable CareConnect to extend their state-of-the-art telecommunications services to a more active senior citizen community. We're proud to work with one of the most respected companies serving this market."

About LightSquared

LightSquared's mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services – at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared's network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to www.LightSquared.com, www.facebook.com/LightSquared and www.twitter.com/LightSquared.

About CareConnect

CareConnect™ by ESCO Technologies, LLC is the leading communications solution for Senior Living Communities across America. At no capital cost to a community, CareConnect™ will install and maintain its state-of-the-art communications equipment and network to support Nurse/Emergency Call, Telephone, Internet, and TV services. CareConnect saves Senior Housing Community clients the enormous expense of updating their communications infrastructure while, simultaneously, providing their staff and residents with better services at a lower monthly rate than they are currently paying. For more information visit: www.careconnectbyesco.com

Forward Looking Statement

This release contains forward-looking statements and information regarding LightSquared and its business. Such statements are based on the current expectations and certain assumptions of LightSquared's management and are, therefore, subject to certain risks and uncertainties. The forward-looking statements expressed herein relate only to information as of the date of this release. LightSquared has no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release, nor is there any assurance that the plans or strategies discussed in this release will not change.

SOURCE LightSquared

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