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MEDIA ROOM
Press Releases
SkyTerra Communications Announces Fourth-Quarter 2009 Conference Call
Reston, Va., February 25, 2010
SkyTerra Communications, Inc. (OTCBB : SKYT) has scheduled its conference call to discuss 2009 fourth-quarter financial results for Monday, March 1, 2010, 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.
On September 23, 2009, SkyTerra announced that the company has entered into a definitive merger agreement 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.
Based upon the need for investors to solely rely upon public information available in the proxy and other documents filed with the United States Securities and Exchange Commission in determining whether to vote in favor of the merger, this call will only provide information related to the financial results for the fourth quarter. Given the timing of this pending vote, there will be no question and answer session following the financial presentation.
Dial-in Instructions:
The toll-free dial-in for the teleconference is 866 356 4441. International callers should dial +1 617 597 5396. The access code is 14302869. Please allow at least 10 minutes prior to the scheduled start time to connect to the teleconference.
Dial-in Audio Replay:
A replay of the teleconference will be available beginning at 1:00 p.m. EST March 1, 2010, until 11:59 p.m. EST on March 15, 2010. To access the replay, please call 888 286 8010. International callers should dial +1 617 801 6888. The access code is 40509245.
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About SkyTerra Communications (www.skyterra.com)
SkyTerra Communications, Inc. (OTCBB: SKYT) 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.
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.