North American Satellite Corporation

NASCorp's patent-pending SkyTracker™ liquid level tank and home monitoring hardware, firmware and software management systems are unique to the propane industry. All trademarks, logos and names are the exclusive property of NASCorp. Also, NASCorp has negotiated for and maintains worldwide exclusive distribution rights to the propane industry, the dealers of the industry or any dealer affiliate(s). NASCorp Exclusive Rights Agreements are with the world's largest satellite providers and uplink centers and through national and international reciprocating contracts with the world's largest wireless communication services. These contracts are further backed by multiple patents which are approved and issued or are pending. All are filed with the United States Patent Office and internationally under the Patent Cooperation Treaty with the World Intellectual Property Organization of Geneva, Switzerland. Through these contracts and patents, issued or pending, NASCorp's SkyTracker™ can reach 120 countries; 95% of the world's population. And, all it took was a BRAIN! See our Products and Services FAQ link

North American Satellite Corporation's (NASCorp) goal is to:

• Join emerging satellite technology to the propane industry through Direct Broadcast Satellite (DBS) television, satellite Internet connectivity services, SkyTracker™ liquid level tank monitors, Smart Home satellite systems, and other e-communications products, including paperless billing, Duty-to-Warn and market promotion. By adding these utility services to an existing propane company customer base, the propane marketer will increase his/her corporate profits through revenue production and operating expense reduction.
• Provide business longevity to existing DBS dealers through co-ownership and co-branding of NASCorp's high-speed satellite Internet connectivity services of NAS-STAR (two-way) and their related entertainment products.

EXECUTIVE SUMMARY

Serving in the capacity of Chairman of the Board and Chief Executive Officer of NASCorp, Humphrey conceived and engineered the concept of merging the propane and DBS industries with satellite utilities. Humphrey also conceived and spearheaded the development of SkyTracker™ for application to the NGL industry. Humphrey holds a Bachelor of Science degree in Marketing management and Accounting from Missouri University at Cape Girardeau, MO and underwent a Masters equivalent in engineering at Missouri University’s Rolla, MO School of Mines.

Humphrey served as Chairman of the Board and Chief Executive Officer of Century Propane Company, Inc., a provider of energy services to 9,500 residences in 8 states. Humphrey has also served in various industry association capacities including Chairman of the Board to the Missouri Propane Gas Association and as the late Governor Mel Carnahan's, Council Chairman to the Missouri Propane Education and Research Council ("MO-PERC"). As Governmental Affairs Committee Chairman, Humphrey authored proponent legislation for the industry, including the PERC bills, and coordinated opposition to detrimental regulations. Humphrey was Missouri State Director to the National Propane Gas Association's Market Development and Governmental Affairs Committees.

Past responsibilities of Humphrey include: A) Director of National Advertising and Promotions for the Tulsa, OK based Williams Companies where Humphrey scripted, produced, and placed media buys with Grandpa Jones, Minnie Pearl and George "Goober" Lyndsay as Company Spokespersons. B) Director of National Accounts where Humphrey's department became energy consultants for General Electric's nuclear plants, GTE, Wendy's, Pizza Hut, K.O.A. Campgrounds, NASA and other national entities. C) Numerous assignments, both subordinate and senior, where Humphrey held full profit and loss responsibilities; the last included assembly of an employee group of 32 managers who, collectively, increased EBITDA to $6.9 million by 1990, up from $754,000, in 1981.

As Vice-President of NASCorp, McKinney is a three year Board member. McKinney holds a Bachelor's Degree in Business from the University of Tennessee at Martin. In his last position, McKinney was responsible for the launch of 115 Pegasus Satellite Television retail dealerships across rural Kentucky.

He further negotiated Pegasus' dealer commission programs, implemented market promotions to achieve budgeted sales targets and monitored all retail dealer activity within the Kentucky region for Pegasus.

Prior responsibilities of McKinney include management of a thirty-four (34) member sales team for Marion Pepsi-Cola Company. McKinney conducted weekly sales meetings and was accountable for all operating reports and profit targets. McKinney was further responsible for maintenance of quality relations with dealers and customers.

Crocitto served our country at home and overseas in management and strategic roles. His experiences have given him unique skills and knowledge, which have been crucial to the development of NASCorp. Joe has been an active Stockholder in NASCorp and holds the seat of Tresurer on NASCorp's Board of Directors. Joe is an elected Director and Treasurer.

Serving in the capacity of Secretary of the Corporation, Danny has been an active Director, participating in Trade Shows and in the Company's political positioning. In a recent landslide victory for Mayor of one the Nation's fastest growing cites, Danny now presides over the community of Spring Hill, TN (Home to Saturn). Danny also provides NASCorp with various political and business contacts and a "get-it-done" attitude. Danny is Postmaster for the Spring Hill, Tennessee branch of the United States Postal Service. Danny serves as a three (3) year Director.

Moreno is a physical education instructor and trainer for Vanderbilt University. He also is a trainer for the Tennessee Titans. Moreno is a real estate investor/developer and has always been an active stockholder in NASCorp. Moreno is an elected Director.

Dan is Chairman of the Board and founder of Applied Digital, Inc. (ADI). ADI began business operations in 1984. ADI is the holder of the technology and fabrication of Nautilus Sleep Systems and T-Rex tanning salon controls. ADI is the leader in tanning bed solutions. Other contracts ADI holds include NASA, Boeing, General Motors and McDonnell Douglas Corporation. ADI furnishes NASCorp with filtered RF solutions and processors. Dan is on the Board of Directors of NASCorp as a first-term Director.

Bob is the founder and President of The Shannon Companies, LLC, a manufacturer's representative for ergonomic material handling equipment and related products. Previously, Bob was a co-founder of Ergonomic Concepts, Inc., a diversified distributor of material handling products. Prior to starting his own business, Bob was Executive Vice-President - General Manager and a member of the Board of Directors of Grimsley & Grimsley, Inc., an industrial distribution firm headquartered in Portsmouth, VA. Bob attended the University of Tennessee and Georgia State University where he majored in Mathematics and industrial management.

As President of Sagamore Gas & Appliance, Inc. of Colfax, Indiana, Charley enrolled Sagamore Gas as a stockholder on August 3, 2000. Sagamore became an active Retail Dealer on June 4, 2001. Sagamore Gas was also the first propane dealer to enroll customers in NASCorp's SkyTracker™ tank and home monitoring programs. Charley is an industry veteran, having been employed by the Indiana Propane Gas Association as it's Executive Director during the 1980's. Thereafter, Charley and his brother, Brian, acquired two propane distribution companies to operate. Today, Charley has once again emerged as one of the NGL industry's leaders, being elected by his peers as President of the Indiana Propane Gas Association and to a Director's position on NASCorp's Board of Directors.