EXHIBIT 99.1
Press Release Dated April 5, 2006
[Motient Logo]
Media Contacts:
Winnie Lerner
Jessica Liddell
Abernathy MacGregor
212/371-5999
Motient Corporation Announces Appointment of Jacques Leduc to its
Board of Directors
April 5, 2006 - Lincolnshire, IL - Motient Corporation (MNCP) today announced
that Jacques Leduc has been appointed to serve on the Company's Board of
Directors, effective immediately.
Jacques Leduc is the Founder and Managing Partner of Trio Capital Inc., a
private equity and venture capital firm that invests primarily in
telecommunications and new media. Previously, he held several positions
including Chief Financial Officer, Vice President of Finance and Director
Corporate Planning, at Microcell Telecommunications, Inc., a Canadian wireless
operator.
"We are extremely pleased to welcome Jacques to our Board. Jacques' extensive
experience in the telecommunications field, and particularly in the wireless
industry, is a strong complement to our existing team. We look forward to the
valuable contributions and the independent perspective he will provide as we
continue to pursue our business goals and execute on our strategic plan," said
Gerald Kittner, chairman of Motient's nominating committee.
Mr. Leduc holds a Masters degree in Business Adminstration from Ecole des Hautes
Etudes Commerciales de Montreal and a Bachelors degree in Business
Administration from the Universite du Quebec a Montreal. Mr. Leduc also serves
as a member of the Board of Directors of Rural Cellular Corporation, Inc., a
wireless communications services provider.
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About Motient Corporation:
Motient is a nationwide provider of terrestrial wireless data solutions for
Fortune 500 companies and the small to medium size enterprise business market.
Motient provides access to multiple networks platforms, including GPRS, 1XRTT
and its own DataTac Network. Motient simplifies the wireless experience for
application providers, hardware vendors, value added resellers and customers by
offering proprietary applications, one source support and wireless consulting
services that enhance the performance, efficiency and cost-effectiveness of
enterprise wireless networks.
Motient is also the controlling shareholder of TerreStar Networks Inc., a
development-phase satellite communications company, and a minority shareholder
of Mobile Satellite Ventures, LP, an established satellite communications
company. TerreStar and MSV are both in the process of developing next-generation
hybrid networks that plan to provide ubiquitous wireless service by integrating
land-based towers and powerful satellites. These new networks will deliver
services to standard wireless devices everywhere in North America. For
additional information on Motient, please visit the company's website at
www.motient.com.
Other Information
Motient Corporation and its directors and executive officers may be deemed to be
participants in the solicitation of proxies or consent revocations from
stockholders of Motient. Information regarding the names of Motient's directors,
executive officers and their respective interests in Motient by security
holdings or otherwise is set forth in Motient's proxy statement relating to the
2005 annual meeting of stockholders, which may be obtained free of charge at the
SEC's website at www.sec.gov and Motient's website at www.motient.com.
Motient Corporation intends to file a Proxy Statement or Consent Revocation
Statement on Schedule 14A with the SEC. Investors and security holders are
advised to read Motient's Proxy Statement or Consent Revocation Statement, when
it becomes available, because it will contain important information. Investors
and security holders may obtain a free copy of the Proxy Statement or the
Consent Revocation Statement on Schedule 14A (when filed) free of charge at the
SEC's website at www.sec.gov. Motient Corporation also will provide a copy of
these materials without charge on its website at www.motient.com.
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