TerreStar To Highlight Satellite Capability In Standard Mobile Devices At CTIA WIRELESS 2010

Mobile communications provider TerreStar Networks Inc. (TerreStar), a majority-owned subsidiary of TerreStar Corporation (NASDAQ: TSTR), will be addressing the potential for Mobile Satellite Services (MSS) to reach the mainstream consumer on a panel during International CTIA WIRELESS 2010, held March 23 - 25, 2010, at the Las Vegas Convention Center.

Dennis Matheson, chief technology officer, TerreStar Networks will participate on the March 24 ^th panel, “Mobile Satellite Services with ATC: A Niche Market Heads Toward the Mainstream.”

“With advancements in satellite and chipset technology, satellite-based communications is poised to be a standard in everyday mobile devices,” said Dennis Matheson. “TerreStar is working with leading chip vendors to bring powerful integrated satellite-cellular devices to market; providing mainstream wireless users a truly ubiquitous mobile experience.”

Details about the panel:

Title: Mobile Satellite Services with ATC: A Niche Market Heads Toward the Mainstream

Date: March 24, 2010

Time: 11:00 AM - 12:30 PM PT

Location: Room N254; Las Vegas Convention Center – North Hall

In addition to participating on this panel, TerreStar will be exhibiting in booth #6545, where company executives will discuss advancements in TerreStar’s satellite network since the launch of TerreStar-1, the world's largest, most powerful communications satellite, and showcase the TerreStar ^™ GENUS™, the first integrated satellite and cellular 3G smartphone.

About TerreStar Networks Inc.

TerreStar Networks ( www.terrestar.com), a majority owned subsidiary of TerreStar Corporation (NASDAQ: TSTR), plans to offer a reliable, secure and resilient satellite terrestrial mobile broadband network that will provide voice, data and video services dedicated to helping solve the critical communication and business continuity challenges faced by government, emergency responders, enterprise businesses and rural communities. TerreStar expects to offer next generation mobile communications through a network of partners and service providers to users who need “anywhere” coverage throughout the United States.

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.