Soundtracker Turns to LightSquared to Revolutionize the Mobile Music Business

RESTON, Va. and SAN FRANCISCO, Nov. 22, 2011 /PRNewswire/ -- LightSquared, a wholesale carrier building a nationwide wireless broadband network that will create consumer choice and drive industry innovation, and Soundtracker, a geosocial Internet radio company, have signed a wholesale agreement that will enable Soundtracker's customers to access one of the world's largest catalogues of online music.

LightSquared's network will allow Soundtracker to offer its customers a product that bundles music with connectivity – eliminating concerns that consumers will rack up huge monthly wireless fees while listening to their favorite music.

"LightSquared's nationwide network will allow Soundtracker to extend its reach by allowing customers to connect directly to their music whether they are in a cab in New York City or hiking in the Grand Canyon," said Daniele Calabrese, Soundtracker's founder and chief executive officer.

In addition to giving its customers access to more than 11 million songs, Soundtracker's geosocial network allows users to see what their friends and even people in their communities are listening to.

"Soundtracker is exactly the kind of exciting new company that LightSquared hoped would be enabled by our wholesale business model," said Sanjiv Ahuja, chairman and chief executive officer of LightSquared. "This partnership allows Soundtracker to create a new business model for the mobile content industry and bring more entertainment options to millions of American consumers."

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 Soundtracker

Soundtracker is the first Geosocial Internet Radio at the crossroad of music, mobile, social and location. Built for mobile and HTML5 with touch and Internet connected devices in mind, Soundtracker allows users to discover, share and play music in real-time with friends and anybody nearby from the largest music catalogue for Internet radio in the world. Launched in October 2010, Soundtracker has already been used by over 1 million users.

Soundtracker is the mobile music application with the highest device reach in the market today. Available with native mobile apps for iOS, Android, Windows Phone, Nokia, Blackberry and Samsung Bada as well as with a full HTML5 Web app optimized for Google Chrome, Internet Explorer 9, Big Screen for Google TV and Samsung Smart TV.

For more information about Soundtracker, please go to http://www.soundtracker.fm, http://www.facebook.com/soundtracker and www.twitter.com/soundtracker.

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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