Attention Angelenos: Say Goodbye to DSL and Cable Chaos and Say Hello to TERA-POINT Wireless.

Business Editors & High Tech Writers

UNIVERSAL CITY, Calif.--(BUSINESS WIRE)--Oct. 9, 2000

New Fixed Broadband Wireless Services Now Available

With 8 MBPS Throughput

In the month of Halloween, the horror stories in Los Angeles continue to mount higher than the Santa Monica Mountains.

Horror stories flood Internet chat rooms and news stories of weeks-long delays in getting DSL or Internet cable service with modems that don't work and connections that don't connect.

But help is on the way for Web-weary businesses as eSAT Inc. (OTC:ASAT) (FRANKFURT:ES8), a leading broadband service provider offering and integrating satellite, wireless and managed network solutions, today announced the launch and immediate availability of its TERA-POINT Wireless services in Los Angeles, promising easy and simple installations delivering from 2 mega-bits per second of data capacity to upwards of an eye-popping 155 Mbps.

"We are excited to bring to Angelenos the solution they have long clamored for in easy to install and affordable high bandwidth Internet access," said Chet Noblett, chairman and chief executive officer for eSAT Inc.

"Our TERA-POINT fixed wireless services are finally going to give frustrated DSL and cable customers an alternative to the endless delays, slow speeds and poor customer service they have been forced to endure for far too long."

TERA-POINT Wireless, a subsidiary of eSAT Inc., will initially offer businesses in Los Angeles three service plans based on length of contract with a two-year service contract offering data speeds of up to 8 Mbps in full-duplex, meaning same data rates both up and down the channel, for $399 per month with installation and hardware included.

A data speed of 2 Mbps will be guaranteed and unlike DSL (Digital Subscriber Line) or cable service installations that sometimes take as long as five weeks or longer, wireless installation will take 10 business days or less.

"The demand for fast broadband Internet access far outstrips the availability of services because updating the existing telephone and cable infrastructures is a slow and expensive process both here and abroad," said Richard Elliott, chief technology officer for TERA-POINT Wireless.

"Through TERA-POINT, we are offering customers a solution that is robust enough, flexible enough and responsive enough to meet virtually anyone's needs."

Elliott added that with TERA-POINT's strategically placed site locations throughout Los Angeles, the company's coverage area would initially service areas of high demand, especially among the numerous Internet-related companies that have sprung up along the Digital Coast.

TERA-POINT's first phase service territory includes the region from the Pacific Ocean to the west, north to the Santa Monica Mountains, east to downtown Los Angeles and south to Los Angeles International Airport. The company plans to expand coverage throughout the rest of the Southern California as it continues expansion through 2001.

To sign up for service, interested customers can call 818/464-2701 or go to the eSAT Web site at www.tera-point.com.

"We believe the time is right to offer these services and believe our first mover status in the Los Angeles market and focus on the business sector is a sound strategy," Noblett said.

"In addition, our network management solutions and satellite capabilities give us the unique ability to extend the reach and offer comprehensive services to Internet-related businesses in Los Angeles looking to tap into overseas and other regional markets that they can't access today."

Of the estimated 4.8 million commercial office buildings in the U.S., only one percent has access to last-mile fiber -- the distance between the business or home and the telephone company's central office. While DSL and other land-based services often lack the infrastructure needed to go the last mile home, wireless service completely bypasses this local loop.

According to research firm Jupiter Communications, upwards of 65 percent of the U.S. population cannot subscribe to any two-way, high-speed service. Wireless access represents a significant first mover advantage in markets where the installed wireline infrastructure is not adequate yet to fully provide two-way, high-speed data services.

About eSAT Inc.

eSAT Inc. is a leading broadband service provider offering satellite, wireless and network management solutions. Through a series of key acquisitions, eSAT has created a suite of managed broadband connectivity services geared to clients servicing customers, both domestically and abroad. These offerings can be seamlessly combined to satisfy a wide-range of data delivery needs.

Through its PacificNet subsidiary, eSAT markets a proprietary "virtual" ISP (V-ISP) product and service, as well as the ability to provide both network management and data center services through its existing Class-A data facility in Universal City, Calif. eSAT's recently acquired InterWireless subsidiary offers proven fixed wireless solutions that address the last-mile broadband delivery market. Through key vendor relationships, proprietary network management software and years of operational experience, InterWireless can rapidly and cost-effectively deploy into a community wireless connectivity solutions and ISP services. Additionally, eSAT provides Internet access and networking services through its Global Satellite Internet (GSI) gateway and its bi-directional Nexstream(TM) product. Nexstream is currently being targeted to rural customers and the business continuity (disaster recovery) market, while GSI is ideal for IP multicasting applications.

Information about eSAT and its affiliates is available by calling 888/895-0007 or by visiting www.esatinc.com.

Certain statements in this news release may constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, that may cause the actual results, performance or achievement expressed or implied, by such forward-looking statements to differ.