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SkyTerra Communications Announces Third-Quarter 2009 Conference Call RESTON, Va.--(BUSINESS WIRE)--SkyTerra Communications, Inc. (OTCBB:SKYT - News) has scheduled its conference
call to discuss 2009 third-quarter financial results and current
business operations for Tuesday, November 10, 2009, at
10:00 a.m. EST. The call will be led by Alexander H. Good,
Chairman, Chief Executive Officer and President of SkyTerra and Scott
Macleod, Executive Vice President and Chief Financial Officer of
SkyTerra. SkyTerra expects to file a preliminary proxy statement in the near future with the U.S. Securities and Exchange Commission (SEC) with respect to the proposed merger agreement for SkyTerra to be acquired by a new corporation formed and indirectly wholly-owned by Harbinger Capital Partners Master Fund I, Ltd and Harbinger Capital Partners Special Situations Fund, L.P. SkyTerra management will not respond to questions about the proposed merger agreement on this quarterly call, given that the preliminary proxy statement has not yet been filed or reviewed by the SEC. Shareholders will have the opportunity to consider the definitive proxy statement prior to making their decision with respect to the proposed transaction. On the conference call, SkyTerra management will only take questions that are directly related to third-quarter earnings results and current business operations.
About SkyTerra Communications (www.skyterra.com) SkyTerra Communications, Inc. (OTCBB:SKYT - News) owns 100% of SkyTerra LP. SkyTerra LP and SkyTerra (Canada), Inc. jointly operate the MSAT satellites and telecommunications network that delivers mobile wireless voice and data services primarily for public safety, security, fleet management and asset tracking in the U.S. and Canada. SkyTerra plans to launch two of the most powerful commercial satellites ever built that will enable the network to support communications in a variety of market segments including public safety, homeland security, transportation and entertainment, by providing a platform for interoperable, user-friendly and feature-rich voice and high-speed data services. Statement under the Private Securities Litigation Reform Act This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to plans described in this news release. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, proposed, potential and similar words. Such forward-looking statements are subject to uncertainties relating to the ability of SkyTerra and MSV to raise additional capital or consummate a strategic transaction or deploy the next generation system, as well as the ability of SkyTerra to execute its business plan. We assume no obligation to update or supplement such forward-looking statements. Contact: SkyTerra Tom Surface, 703-390-1579 M: 703-462-3837 tom.surface@skyterra.com Source: SkyTerra Communications, Inc.
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