Stratos Global Corporation

November 30, 2007 19:00 ET

Stratos and CIP Announce Extension of Completion Deadline; Closing Still Expected in Fourth Quarter

BETHESDA, MARYLAND--(Marketwire - Nov. 30, 2007) - Stratos Global Corporation (TSX:SGB) today announced that it has agreed with CIP Canada Investment Inc. and CIP U.K. Holdings Limited to extend the Completion Deadline (as defined in the Arrangement Agreement between the parties dated March 19, 2007) from November 30, 2007 to December 31, 2007 in order to allow for receipt of approval from the U.S. Federal Communications Commission, the last remaining regulatory approval needed in order to complete the arrangement. Stratos and CIP expect to complete the arrangement in December.

About Stratos

Stratos (TSX:SGB), with over a century of service, is the world's trusted leader for vital communications, offering the most powerful and extensive portfolio of remote communications products, including mobile and fixed satellite and microwave services. Stratos' more than 20,000 customers use our services on seven continents and across the world's oceans. Stratos serves U.S. and international government, military, first responder, NGO, oil and gas, industrial, maritime, aeronautical, enterprise, and media users. For more information visit

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