Iridium to Become Global Provider to SkyBitz; Partnership to
     Expand Iridium's Fastest-Growing Market and Launch First
                   Global SkyBitz GLS Capability

BETHESDA, Md. and STERLING, Va., March 10, 2010 (GLOBE NEWSWIRE) --
SkyBitz(R), a leader in remote asset tracking and information
management solutions, and Iridium Communications Inc. (Nasdaq:IRDM),
the only provider of truly global mobile satellite services (MSS),
announce a strategic partnership that will position Iridium as the
first-ever provider of two-way global MSS for SkyBitz. Through this
partnership, the companies are developing a unique, two-way, remote
asset tracking and monitoring solution through the integration of
SkyBitz Global Locating System (GLS) technology with the recently
announced Iridium 9602 satellite data transceiver.

This new Iridium-based SkyBitz solution will feature lower power
consumption and a longer battery life than is commercially available
today in the global tracking market. This solution will be built around
the Iridium 9602, a revolutionary, small, lightweight and low-cost
transceiver that enables the world's only global, two-way satellite
links for low-latency, real-time data transmission. By integrating
SkyBitz GLS technology with the Iridium 9602, the companies will create
an open architecture and scalable platform that is not restricted to
custom mobile terminal hardware.

The combination of the industry-leading SkyBitz GLS technology and the
worldwide reach of the Iridium two-way satellite communications network
uniquely positions the companies to further penetrate the expanding
global machine-to-machine (M2M) market. The new cost-effective solution
that SkyBitz and Iridium are building is ideal for markets such as
trailer tracking, oil, gas, chemical, rail, cargo shipping and
government, where there are requirements for intelligent sensor
solutions and power-efficient, two-way communications to deliver
critical insights on valuable assets. In addition, these markets
require continuous, global in-transit visibility from origin to final
destination. According to Strategy Analytics, the mobileM2M
communications annual market is estimated to grow from approximately
$16 billion in 2008 to more than $57 billion in 2014.

"This partnership provides our existing and prospective subscriber base
of several hundred thousand the ability to manage their assets for the
first time ever on a global scale anywhere, anytime," said Homaira
Akbari, president and CEO, SkyBitz. "We are proud to be partnered with
Iridium and we are committed to leveraging their unique capabilities
for our new global two-way M2M communications solution."

"Working with SkyBitz has the potential over time to substantially
increase our M2M subscriber base," said Matt Desch, CEO, Iridium. "The
adoption by SkyBitz of the new Iridium 9602 further validates Iridium
as the platform of choice for global asset tracking."

The two companies have already co-developed solution prototypes and
conducted testing. Upon the new solution's commercial availability,
SkyBitz plans to offer this as part of its suite of GLS solutions to
its customers for their asset tracking needs in both the U.S. and
abroad.

About Iridium Communications Inc.

Iridium Communications Inc. (www.iridium.com) is the only mobile
satellite service (MSS) company offering coverage over the entire
globe. The Iridium constellation of low-earth orbiting (LEO)
cross-linked satellites provides critical voice and data services for
areas not served by terrestrial communication networks. Iridium serves
commercial markets through a worldwide network of distributors, and
provides services to the U.S. Department of Defense and other U.S. and
international government agencies. The company's customers represent a
broad spectrum of industry, including maritime, aeronautical,
government/defense, public safety, utilities, oil/gas, mining,
forestry, heavy equipment and transportation. Iridium has launched a
major development program for its next-generation satellite
constellation, Iridium NEXT. The company is headquartered in Bethesda,
Md., U.S.A. and trades on the NASDAQ Global Market under the ticker
symbols IRDM (common stock), IRDMW ($7.00 warrants), IRDMZ ($11.50
warrants) and IRDMU (units).

About SkyBitz, Inc.

SkyBitz is a leader in global remote asset management solutions,
providing real-time information on the location and status of assets.
More than 600 enterprises rely on SkyBitz technology to achieve total
asset visibility, improved security, lower operating and capital
expenses, and enhanced customer service. SkyBitz delivers its solution
via SkyBitz Insight, a secure web-based application that is fully
customizable and requires no software downloads. SkyBitz is a privately
held company backed by CIBC Capital Partners, Highstar Capital,
Inverness Graham Investments, Motorola Ventures and ITV, a fund of
Cordova Ventures. For additional information, visit www.skybitz.com.


CONTACT:  Iridium Communications Inc.
          Marie Knowles
          +1 (301) 571-6279
          marie.knowles@iridium.com

          Rhodes Communications, Inc.
          Jim Rhodes
          +1 (757) 451-0602
          jrhodes@rhodescomm.com

          SkyBitz, Inc.
          Welz & Weisel Communications
          Chris Leach
          +1 (703) 218-3555
          skybitz@w2comm.com