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MOTIENT INCREASES WIRELESS POINT-OF-SALE PRESENCE WITH LIPMAN HANDHELD Lipmans
Newest Wireless Handheld is Now Supported by the RESTON, VA April 26, 2001 Motient Corporation (NASDAQ: MTNT), a network leader in the wireless point-of-sale (POS) industry, has recently added a new wireless POS device from Lipman Electronic Engineering Ltd. the Nurit 3010 to its nationwide digital wireless data network. The Nurit 3010 is a complete handheld solution for wirelessly authorizing credit card transactions. The MotientTM network is the first and largest
two-way wireless data network in the country. Flexible protocols allow the network to
wirelessly enable a variety of devices for a number of different business segments,
including the wireless point-of-sale industry. The Motient network also provides some of
the most secure wireless data transmissions available today. The wireless POS industry is an important market that Motient is dedicated to serving, said Peter B. Belman, vice president of marketing at Motient. Solutions for this industry are quickly becoming more and more cost effective and businesses are beginning to realize the undeniable benefit of being able to conduct transactions virtually anywhere. The high capacity and expansive coverage of the Motient data network, along with Lipmans extensive tradition of excellence in developing wireless POS devices, is sure to bring subscribers and revenue to both companies. Plus, consumers will benefit from the convenience of using credit cards in non-traditional venues. Lipman has been developing advanced wireless and tel-line point-of-sale devices since 1974. The Nurit 3010 is Lipmans third generation wireless POS offering. This handheld device is a complete and self-contained unit for wirelessly authorizing credit cards, debit cards, check verification, and other value-added card applications. It has a large back-lit display, thermal printer, 20 key keypad, and built-in PIN pad, among many other features. Enabling the Nurit 3010 on the Motient network is surely to increase its adoption by businesses, said Mony Zenou, President and CEO of Lipman USA. The Motient network allows users of our device to perform business transactions almost anywhere in the country. Through strategic design and development, along with leading wireless providers like Motient, were able to extend businesses to new areas by providing the most advanced wireless POS offerings on the market. According to a recent study done by the Yankee Group, the current number of users of wireless POS devices will increase by a factor of ten over the next six years to approximately half a million. About Lipman About Motient eLink is a service mark and Motient is a
trademark of Motient Corporation. The
BlackBerry and RIM families of related marks, images and symbols are the exclusive
properties of, and trademarks of Research In Motion Limited and are used by permission. "BlackBerry by Motient" - used by
permission. Factors that could cause actual results to differ materially from those in the forward-looking statements in this news release are described in Motient Corporation's registration statement on Form S-3 (File No. 333-42104) and in Motient's annual report on Form 10-K for the year ended December 31, 2000 and its other periodic filings and reports with the Securities and Exchange Commission. Copies of such reports and filings are available upon request from Motient's Investor Relations Department. |