FINANCIAL INFORMATION

As a privately held company, SkyTerra is not subject to the reporting requirements of the Securities Exchange Act of 1934 or the reporting requirements of any other jurisdiction.

SkyTerra is at the forefront of the development of the first integrated satellite-cellular communications network Ancillary Terrestrial Component (ATC), which will provide seamless, transparent, interoperable and ubiquitous wireless coverage of North America using conventional handsets. It has extensive patents on the technology and holds the first FCC license to provide these services.

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