ProtoStar Expands its Asian Presence with New Singapore Office and Appoints Dr. Eui Koh as President of ProtoStar Asia.

Asian Satellite Operator broadens its Asian commitment with new office and staff

Singapore, June 18, 2007 - ProtoStar Ltd., a Bermuda corporation, announced today that it has opened an office in Singapore staffed with veteran satellite industry executives as the cornerstone of its expanding Asian operations.

In making the announcement at the CommunicAsia conference in Singapore, ProtoStar President and CEO Phil Father said that the new office will be headed by Dr. Eui Koh, former President of the Asia Pacific Satellite Communications Council (APSCC) and previously an Asian regional executive with both Intelsat and New Skies Satellite (NSS). ProtoStar is developing a satellite constellation of high-powered geostationary (“GEO”) satellites that will provide a satellite network enabling direct-to-home (DTH) services in Asia. The company also has offices in San Francisco.

Father said the Singapore office will be staffed by Mr. Raghu Das, Vice President of Sales, formerly with Loral Skynet; Steven Smith, Vice President of Technical Operations, formerly with Intelsat; and Patricia Chan, Marketing/Customer Support Manager, formerly with NSS.

“Our Singapore office will help us drive sales, marketing programs, customer support and ground systems as we focus on launching our high powered satellite services supporting Asia’s rapidly growing DTH operators,” Father said. “Dr. Koh brings a wealth of satellite experience and knowledge from his many years of working with Asian satellite operators and their customers.”

ProtoStar’s first satellite, a Space Systems/Loral 1300, is currently undergoing refurbishment at Loral’s Palo Alto, CA, manufacturing facility and is expected to be launched in May 2008.

The address of the new ProtoStar Singapore office is: 47 Scotts Road, #05-04, Goldbell Towers, Singapore 228233 Tel: (65) 6838 5122, Fax: (65) 6884 5394.

About ProtoStar

ProtoStar, a Bermuda corporation with principal U.S. operations in San Francisco, California, was formed to acquire and operate high-power geostationary satellites optimized for DTH satellite television in the Asia-Pacific region. The firm is led by seasoned veterans from the satellite, direct-to-home television, telecommunications and finance industries. For more information, visit:www.protostarsat.com.