TerreStar Genus Wins Innovation Award at 2011 CTIA Wireless®

RESTON, Va., March 24, 2011 /PRNewswire/ -- Wholesale mobile satellite services provider, TerreStar Networks Inc. ("TerreStar"), announced today its TerreStar™ GENUS™, the world's first integrated cellular-satellite smartphone, received first place in the Enterprise and Vertical Market General Business Category of CTIA's annual Emerging Technology (E-Tech) Awards competition. The CTIA E-Tech Awards honor the most innovative new products in 14 categories spanning the areas of mobile apps, consumer electronics, enterprise and infrastructure. Winners were announced at International CTIA WIRELESS® 2011 at the Orange County Convention Center in Orlando, Florida.

The TerreStar GENUS is a multi-mode smartphone with terrestrial wireless capability as the primary communications mode and satellite access capability as a secondary option for voice, data and messaging. Roughly the size of a deck of cards, it connects to the AT&T cellular network for terrestrial wireless connectivity, and gains satellite connectivity through the power of TerreStar-1, the world's largest commercial communications satellite.

The GENUS features many technology breakthroughs for a satellite-enabled device, including a sleek design, internal satellite antenna, Wi-Fi access and full integration of standard smartphone functionality in satellite mode that enables users with one device and one phone number to gain access to expanded voice and data roaming coverage in the United States, Puerto Rico, U.S. Virgin Islands, and up to 200 miles offshore in territorial waters.  

"The TerreStar GENUS is the ultimate wireless communications tool -- providing enterprise and government users the power of both cellular and satellite communications in one easy-to-use device," said Jeffrey W. Epstein, president and chief executive officer, TerreStar. "As the first and only dual-mode cellular/satellite smartphone, the GENUS represents a real technology breakthrough.  It is truly an honor to be named the winner by our wireless industry peers in a contest highlighting the most innovative new products."

For more information on the GENUS, go to TerreStar.com and watch the "How it Works" video which highlights key differences in using the GENUS as compared to a traditional cellular-only device. Follow us on YouTube at: www.YouTube.com/TerreStar.

About TerreStar

TerreStar Networks (www.terrestar.com) is re-defining mobile communications by extending the reach, reliability, and resiliency of traditional mobile networks throughout the United States, U.S. Virgin Islands and Puerto Rico. Offering wholesale satellite services via today's leading service providers, and the world's first and only integrated satellite-cellular smartphone, the GENUS™, TerreStar is transforming the mobile experience and enabling users to be prepared and stay connected when they need to most.

Statement under the Private Securities Litigation Reform Act:

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the strategy of TerreStar Corporation, its plans, and the transactions described in this press release. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, proposed, potential and similar words and terms in connection with future results. We assume no obligation to update or supplement such forward-looking statements.

For more information, please contact:

Chris Fallon, Ruder Finn for TerreStar Networks
Phone: 212.715.1691
Email: [email protected]

SOURCE TerreStar Networks Inc.

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