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[March 15, 2010]

TerreStar to Present at SATELLITE 2010

RESTON, Va., March 15, 2010 /PRNewswire via COMTEX/ -- Mobile communications provider TerreStar Networks Inc. (TerreStar), a majority-owned subsidiary of TerreStar Corporation (Nasdaq: TSTR), will participate on two satellite industry panels, and exhibit at SATELLITE 2010, March 15 - 18, 2010, at the Gaylord National Convention Center near Washington, D.C.

TerreStar executives will be featured on two SATELLITE 2010 panels: New Solutions and New Opportunities: The MSS CEOs Speak Out Executive: Jeffrey Epstein, president and CEO, TerreStar Networks Date: March 17, 2010 Time: 8:30 a.m. ET - 10 a.m. ET Location: National Harbor 2 - 3 Public Safety and Homeland Security Applications Executive: Jeff Stern, senior vice president and general manager, government solutions, TerreStar Solutions Date: March 17, 2010 Time: 3:15 p.m. ET - 4:30 p.m. ET Location: Chesapeake 7 - 9 SATELLITE 2010 is the premier event providing solutions to the global satellite end-user community. SATELLITE 2010 will attract more than 9,300 delegates from 70 countries, feature a full conference program focused on broadcast, enterprise, military and emerging regions. For more information about SATELLITE 2010 visit http://www.satellitetoday.com/satellite2010/.

About TerreStar Corporation TerreStar Corporation is the controlling shareholder of TerreStar Networks Inc. and TerreStar Global Ltd. For additional information on TerreStar Corporation, please visit the company's website at www.terrestar.com.

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.

For more information, please contact: ------------------------------------- Kelly Adams, Director Marketing and Communications TerreStar Networks Mobile: +1 703-483-7966 Email: Kelly.Adams@terrestar.com Chris Fallon Ruder Finn for TerreStar Networks Phone: +1 212-715-1691 Email: fallonc@ruderfinn.com SOURCE TerreStar Corporation

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