Wireless Matrix Corporation

Wireless Matrix Corporation

January 27, 2006 12:48 ET

Wireless Matrix Signs Key Contract Extension with Mobile Satellite Ventures

RESTON, VIRGINIA--(CCNMatthews - Jan. 27, 2006) - Wireless Matrix Corporation (TSX:WRX) announced today that it has executed a contract extension with its satellite service provider Mobile Satellite Ventures (MSV) for services to January, 2008. Wireless Matrix and MSV have been partners since 1997.

The contract extension provides Wireless Matrix with an additional satellite channel to accommodate anticipated subscriber growth. Satellite service is a key component of Wireless Matrix's Wide Area Wireless communications network, which integrates satellite service and terrestrial wireless services into a single, seamless business communications solution.

"We are extremely pleased to continue our strong partnership with Mobile Satellite Ventures," said J. Richard Carlson, Wireless Matrix President and CEO. "The reliability of their network and the quality of their service provide a key differentiator for Wireless Matrix in the marketplace. We are also excited with MSV's ongoing development of their next generation satellite systems," Carlson added. "Their dedication to the future of mobile satellite communications will open up new user segments and ensure a robust future for our solutions."

About Wireless Matrix

Wireless Matrix is a leading developer and provider of enterprise-class wireless data services for business-critical operations involving mobile workforces and remote assets. Wireless Matrix mobile services are deployed in major corporate industrial markets including oil and gas, utilities, transportation and field service. The Company delivers a data network service that provides 100% real-time wireless communications coverage to all of North America. This service is enabled by the Mobile Base Station hardware platform that provides data connectivity via cellular, satellite, and WiFi networks to enterprise back-office systems enabling field work force mobility. Wireless Matrix is headquartered in Reston, Virginia, and has offices in Burnaby, British Columbia. For more information visit www.wrx-us.com.

About Mobile Satellite Ventures

Mobile Satellite Ventures LP (MSV) is developing the first hybrid cellular-satellite communications network, which will create a new category of wireless services and reshape the telecommunications industry through the delivery of ubiquitous, transparent and seamless coverage of North America to conventional handsets. It has extensive patents on the technology and holds the first FCC license to provide these services. For North American coverage, MSV and its joint venture partner MSV Canada has started construction of two satellites and the associated ground segment of the network. The MSV satellites will be the most powerful and technologically advanced commercial satellites ever built. When completed, the MSV network will transform communications through the delivery of advanced emergency response, aviation and transportation services as well as content-rich entertainment services to consumers through interoperable, user-friendly voice, video and high-speed data services.

MSV is privately held and its primary investors include Motient Corporation (Pink Sheets: MNCP), SkyTerra Communications (OTC: SKYT), TMI Communications and Columbia Capital.

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