TerreStar Chairman Steps Down

RESTON, Va., Jan. 24, 2007/Satnews Daily/ ― Jared (Jerry) Abbruzzese has stepped down as chairman of the board of TerreStar Networks Inc. and chairman of the TerreStar Global Ltd. But TerreStar said Abbruzzese will serve on a board of advisors that is being established for TerreStar Global.

“Jerry’s vision and leadership has built TerreStar from a bold concept into a company poised to transform the way we communicate,” said Robert H. Brumley, president and CEO of Motient Corporation and its subsidiaries TerreStar Networks Inc. and TerreStar Global.

“We are more innovative, agile and aggressive because of Jerry’s steady guidance during an important time in our evolution. I look forward to Jerry’s continued support as we take TerreStar’s next generation network global.”

Recent Stories:

LeoTerra Enters Into Unique Relationship with TerreStar Networks

TerreStar Selects CGI as Strategic Technology Partner for 4G Customer and Corporate Support Systems

TerreStar Networks Chooses Arianespace to Launch TerreStar I

TerreStar Signs Cooperative R&D Deal with the U.S. DOF for Emergency Response Communications Network