ORBITZ: —Inmarsat + Harbinger — Gasser + GLAST — SES NEW SKIES —

June 7, 2008

BUSINESS — According to REUTERS UK, Inmarsat Plc has been approached by their major shareholder, that being Harbinger Capital Partners, with a bid for purchase. Harbinger owns 28.2 percent of the company. Harbinger released a statement wherein they stated that no decision has been made regarding the merits or otherwise of a possible offer, and added that a lengthy regulatory approval process would also be necessary to affect an offer. Inmarsat shares rose 6.9 percent on this news. The company valuation is, as of this writing, $2.56 billion pounds, or $5.04B US.

BUSINESS — Talk about “cosmic” inspiration… renowned composer Nolan Gasser’s newest composition found its inspiration in the unlikeliest of places, that being the recent liftoff of GLAST, one of the largest space telescopes launched into orbit since the Hubble. Gasser’s GLAST Prelude for Brass Quintet, created specifically for the mission, was played at the launch party in Florida and may be viewed at NASA’s site. The GLAST Prelude is itself only a prelude to a large-scale, multimedia Symphony composed by Gasser that will illustrate (via music, narration, and film) the 13.7 billion year history of the Universe — from the Big Bang to the emergence of intelligent life on Earth. That work, Cosmic Reflections, will have its premiere at the Kennedy Center For The Performing Arts in Washington, D.C. in the fall of 2009 as part of a major symposium where the first-year results of the GLAST mission will be presented.

BUSINESS — SES NEW SKIES and GlobeCast have signed 5-year contracts for the continued use of two 36MHz transponders on the NSS-806 satellite at the orbital location of 319.5° E. Terms of the contract remain confidential.