Ellipso, Inc., a pioneer in satellite system design, has established itself as a world's premier innovator by creating patented orbital architectures that employ scarce radio spectrum in order to achieve:

• The lowest cost to end-users around the world and
• Maximum spectrum efficiency through the unique interference-free reuse of scarce spectrum resources.

The Ellipso designs range from narrowband mobile satellite services and associated global roaming capabilities to broadband VirtualGeo and IP based services.

Through its subsidiaries and affiliated companies, Ellipso has compiled a comprehensive portfolio of regulatory assets and intellectual property giving it a highly strategic position in the development of third generation mobile systems and in current and future wireless broadband services for telecom, Internet and entertainment, and for the new defense systems.

Ellipso has a entered into a strategic relationship with ICO Global Limited a company controlled by Craig McCaw (Eagle River) that also includes Bill Gates (Cascade Investments) as a major shareholder.

Ellipso is currently offering an array of precursor services in satellite telephony aimed at establishing a solid user based for current, planned and future services.

To achieve its objectives, especially those related to the military applications, the Company has assembled a distinguished Board of Directors and an experienced senior executive team .

Among its shareholders that have contributed substantial capital are Boeing, HarbourVest, L-3 Communications, ICO Global Limited , and Israel Aircraft Industries.