Mobile Satellite Ventures Changes Name to SkyTerra

New Corporate Name Harmonizes Brand with Parent Company SkyTerra Communications Inc.

Dec 8th, 2008

"Over the course of the past several years we have worked diligently to simplify MSV's ownership structure, resulting in SkyTerra Communications now owning 99.3% of the company," said Alexander H. Good, chairman, CEO and president of SkyTerra. "We are very pleased with this accomplishment and with our singular company name that reflects this simplification."

Ventyx®, EnerNex Corporation and the Midwest ISO announced today that they have been selected to conduct a landmark study for the U.S. Department of Energy's National Renewable Energy Laboratory (www.nrel.gov) to help inform major policy decisions regarding transmission and generation planning, state and federal renewable energy targets and other facets of energy supply in the Eastern United States. This first-of-its-kind comprehensive regional assessment will evaluate the operational impacts on the power system associated with increasing wind capacity to 20 percent and 30 percent of retail electric energy sales in 2024 for the region.

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