Ellipso, Inc. holds controlling interests in Mobile Communications Holdings, Inc. ("MCHI"), ESBH and Virtual Geosatellite, LLC ("Virtual Geo"). ESBH is jointly owned with ICO Global Communications Holdings, a company counting Craig McCaw and Bill Gates as major shareholders.

Through its subsidiaries Ellipso has compiled a comprehensive portfolio of regulatory and intellectual property assets that give it a highly strategic position in emerging broadband services that join the Internet with a full spectrum of entertainment options. Most significantly, Virtual Geo's revolutionary IP provides a perfect fit for broadband hungry defense systems

Having laid the groundwork for new telecom services the Company recently began precursor services using the Ellipso 881 Universal Number Series.

Earlier the Company entered into a Collaboration Agreement with ICO in order to maximize its telephony assets.

Ellipso and its subsidiaries hold over twenty patents in satellite system architecture and related technologies.

Ellipso counts as shareholders the Boeing Company, HarbourVest, L-3 Communications and Israel Aircraft Industries among others.

BOARD OF DIRECTORS:

David Castiel
Charles Bigot
Ambassador Richard Burt
Michael Taylor

KEY EMPLOYEES:

David Castiel
President and Chief Executive Officer

Ambassador Gerald B. Helman
Senior Vice President

James Bailey
Vice President and Acting Counsel

John W. Brosius
Chief Scientist