North American Satellite Corporation

STOCKHOLDER NEWS:

NASCorp Board Sets Stage For NASCorp’s Satellite “Global Village” Platform: NASCorp senior management set out this year to search for the best-of-the-best. Our mission was to find and select the best staff, the best Board, the best advisors to that Board, best vendors, best manufacturers, and the best ideas, processes, concepts and products for legal council to register and patent. The process was difficult, the days were long, miles were logged.

Our travels took us from New York to San Francisco and from Orlando to Austin to Baraboo, WI then to Branson, MO for yet more interviews. From fields of manufacturers, engineers, attorneys, designers, financiers, and staff, the less-than-capable were eliminated. “Good-guy-Bad-guy” confrontations sometimes had to be enacted to eliminate the less-than-capable. Targets were set. Only the best survived.

Today, NASCorp is stronger because common people saw NASCorp’s vision, discovered a worthy goal and have now set a course to become the extraordinary. In short, NASCorp’s mission is to tap the information technology needs of a global market.

In 2005, NASCorp will merge wireless satellite and radio frequency (“RF”) technologies to the utility industries. A unique array of products and services have been identified. In a series of bold decisions, management and Board Members have:

• Acquired the domain name for NASCorp’s Web-based dealer information recovery site located at www.nascorp-skytracker.com
• Purchased the realm for NASCorp’s high-speed Internet customer e-mail systems. NASCorp’s AFEXpress, AFEXecutive, and AFEXcel customers receive 5 free e-mail accounts each, all located @afexpress.net or @nascorp-skytracker.com.
• Acquired the rights from Warner- Brothers™ Studios to use the Scarecrow of the Wizard of Oz and the phrase “If I only had a brain!” It is SkyTracker’s™ U.S. and international patent pending processor (SkyBrain™) that separates SkyTracker™ from the world’s monitors that do not have a processor (“brain”).
• Identified and contracted a manufacturer to extend SkyTracker™ capabilities and enhance its “SkyBrain™” power from a few monitoring processes to conduct 1000 analog or 4,096 digital functions.
• Brought in-house development of our Information Technology (“IT”) Department and NASCorp’s system(s) construction.
• Filed provisional patents for the U.S. and Internationally under the Patent Cooperation Treaty (PCT), which is administered by the World Intellectual Property Organization (WIPO) of Geneva, Switzerland. PCTs filed under WIPO are accepted by 115 countries and covers SkyTracker’s™ hardware configuration(s), firmware code, software format, and industry specific color-coded information display(s).
• Built into each SkyTracker™ unit a Degree Day Recorder to track weather patterns at each customer’s tank. This combines “real-time” data of SkyTracker™ with the industry’s recognized fuel use projection system for the most reliable delivery and forecasting system known to man. This patented process will also perform K-Factor calculations and conduct Customer Probability Analysis.
• Adopted and purchased all rights to SkyTracker’s™ enclosure mold. The new SkyTracker™ enclosure boasts a UL 913 rating, for application on or at a propane tank, and features a pre-sealed connection prior to power pin contact. A separate battery compartment, which does not energize until the hall sensor line is attached, provides automatic “burst” communication to LEO satellites upon connection; to let the satellites know that SkyTracker™ is “live”.
• Filed Trade Mark/Name rights and upgrade(s) those rights to Registered “®” status for:

• Adopted Sensor Enabled Notification System (SENS) satellite technology to reach 120 nations with SkyTracker™ services and spectrum’s flat array antenna, as used in XM-Radio and GM’s On-Star.
• In a series of meetings held in Branson, MO, Nashville, TN and at Chairman Humphrey’s Lake Barkley home, NASCorp management prepared a “Blue-Print”, which will:
  • Expand into an updated Business Plan and Operating Proforma.
  • Extend SkyTracker™ capabilities and functions, keeping well ahead of competition.

Upon presentation of this “Blue-Print” to NASCorp’s Board of Directors on November 20, 2004, the Board unanimously adopted a resolution to:

“Perform due diligence to compare NASCorp’s options to rent or purchase servers to support SkyTracker’s™ database, growth, and services by January 15, 2005”.

In short, NASCorp will control its own destiny in all facets. NASCorp will own and operate its own data bank, which will allow up to 16,000 NASCorp dealers to access their customer’s data at the same time or at any given time. A capital investment of up to $280,000.00 was approved to accomplish this task. International Business Machines (“IBM”) has been awarded the bid in equipment. The IBM clustered servers will be co-located in secure facilities, which are capable of surviving natural calamities or terrorist operations, providing clustered redundancy in customer records filing and dealer information recovery.

In addition, NASCorp will use the servers to support the satellite platform on which NASCorp’s AFEXpress and NAS-Star high-speed Internet services will relocate to. NASCorp will host its own broadband Internet solution for rural America, which will include low cost one-way and two-way satellite broadband service. NASCorp will replace Internet Satellite Platform, Inc. (“ISAT”), taking all AFEXpress users onto NASCorp’s own satellite platform, which will utilize SES AMERICOM’S global fleet, with AMC-6 and AMC-9 satellites will service for North America. This will allow NASCorp’s AFEXpress (one-way satellite) and NAS-Star (two-way satellite link) to reach 95% of the world’s population, all Internet services that NASCorp’s Retail Dealers can resell to their customers.

NASCorp’s Adair, Minkin and Humphrey toured satellite vendor facilities and met with senior management to enhance both NASCorp and satellite vendor IT and Operations Departments, expand resources and communications of all companies, and to begin today to build products for tomorrow, using emerging satellite technology i.e.; phone service, high-definition TV and theater content downloads and other data communication processes.