Wireless Matrix Corporation
TSX : WRX

Wireless Matrix Corporation

December 05, 2007 13:00 ET

Mobile Satellite Ventures and Wireless Matrix Extend Service Agreement

Companies agree to two-year extension of MSV satellite service for fleet management applications

RESTON, VIRGINIA--(Marketwire - Dec. 5, 2007) - Mobile Satellite Ventures' (MSV) and Wireless Matrix (TSX:WRX) today announced that the companies have signed a two-year service agreement for satellite communications service that will run through 2009.

The agreement extends the current contract between the two companies that was first enacted in September, 1998.

Mobile Satellite Ventures is majority owned and controlled by SkyTerra Communications, Inc. MSV's MSAT-1 and MSAT-2 satellites deliver mobile wireless voice and data services primarily for public safety, security, fleet management and asset tracking in the U.S. and Canada. The company expects its next-generation network will provide seamless, transparent and ubiquitous wireless coverage of the United States and Canada to conventional handsets.

"Integration of satellite service with broadband wireless networks is a key differentiator in Wireless Matrix's 360 degree Mobile Resource Management service offering," said J. Richard Carlson, president and CEO of Wireless Matrix. "MSV is a valued partner in our solutions, and we're pleased to extend our relationship with them."

"MSV is very pleased to continue our valued business association with Wireless Matrix," said John Mattingly, president of Satellite Services for Mobile Satellite Ventures. "MSV's satellite capacity provides an essential link enabling Wireless Matrix to deliver reliable, cost-efficient services that meet the communications of its wide-ranging variety of customers."

Financial details were not released.

Over 50,000 subscribers in the cable, utility, railroad and other field service industries use Wireless Matrix's versatile MRM solutions to fit more jobs into each work day and decrease expenses, such as gas consumption, through more effective route planning, vehicle monitoring and 24x7 network connectivity.

Delivered on a hosted, Software-as-a-Service (SaaS) basis, FleetOutlook is a comprehensive 360 Degree MRM solution, backed by 24x7 support, which enables the full value chain of dynamic schedule planning and execution. From vehicle mapping, tracking and operational reporting to XML data export and optional telematics monitoring, it offers features that maximize productivity and reduce cost.

For more information, visit http://www.wrx-us.com/products/fleetoutlook.html

About Wireless Matrix

Wireless Matrix provides enterprise-class wireless data solutions for business-critical mobile and remote asset operations. The company delivers real-time data services across cellular, satellite and WiFi networks; a variety of modems and hardware platforms; and transportation applications that increase productivity and reduce operating expenses with service fleet operations. Wireless Matrix is headquartered in Reston, Virginia, and has offices in California and Burnaby, British Columbia. For more information visit www.wrx-us.com.

About Mobile Satellite Ventures and SkyTerra Communications, Inc.

MSV's MSAT-1 and MSAT-2 satellites deliver mobile wireless voice and data services primarily for public safety, security, fleet management and asset tracking in the U.S. and Canada. MSV is developing a hybrid satellite-terrestrial communications network, which it expects will provide seamless, transparent and ubiquitous wireless coverage of the United States and Canada to conventional handsets. MSV holds the first FCC license to provide hybrid satellite-terrestrial services. MSV plans to launch two satellites for coverage of the United States and Canada, which are expected to be among the largest and most powerful commercial satellites ever built. When completed, the network is expected to support communications in a variety of areas including public safety, homeland security, aviation, transportation and entertainment, by providing a platform for interoperable, user-friendly and feature-rich voice and high-speed data services. MSV is majority owned and controlled by SkyTerra Communications, Inc., http://www.msvlp.com

Forward-Looking Statements

Except for the historical information contained herein, the matters discussed in this press release may contain forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.



Contact Information