(NASDAQ: TSTR), (Pink Sheets: WNBD), (Pink Sheets: PBSO).

Turning Pennies into dollars: (NASDAQ: TSTR), (Pink Sheets: WNBD), (Pink Sheets: PBSO).

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TerreStar Corporation (NASDAQ: TSTR) (February 7th, 2008) and its subsidiary TerreStar Networks Inc. (TerreStar), which is building the nation's first integrated mobile satellite-terrestrial (MSS/ATC) communications network, announced that EchoStar Corporation (NASDAQ: SATS), Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund LP (collectively, Harbinger) and other investors have entered into a series of separate agreements constituting a commitment of $300 million in investments in TerreStar - with $200 million made available today at closing and the balance dedicated to funding the TerreStar-2 satellite.

As part of these transactions, TerreStar Corporation will also obtain an enhanced nationwide spectrum footprint through separate rights to certain 1.4 GHz spectrum currently held by EchoStar and Harbinger.

"These strategic investments will help drive long-term shareholder value and ensure that TerreStar has access to the requisite capital to achieve its operational launch by the end of 2008. Also, the enhanced nationwide spectrum footprint can help TerreStar accomplish its mission to offer reliable, interoperable satellite-terrestrial communications and next-generation applications for the commercial, government, rural and public safety sectors throughout North America," stated Robert H. Brumley, TerreStar chief executive officer and president.

"We are gratified that Harbinger and our other investors have strengthened their ongoing commitment to the Company -- and we are excited that EchoStar has become a strategic partner," added Brumley. "Additionally, we look forward to working with EchoStar to identify new and exciting business opportunities between the two companies," added Brumley.

As a result of this transaction, both the Boards of Directors of TerreStar Corporation and TerreStar Networks Inc. will expand to eight members with EchoStar and Harbinger each having the right to nominate two members to each board.

"We welcome the new additions to the board," added Brumley. "We value the continued advice and support from our current board members and look forward to an enhanced board with a wealth of experience in growing successful enterprises."

In addition to shareholder approval of the transaction, the spectrum transactions will also be subject to certain government approvals.

This financing will be used in part to fund the completion and launching of TerreStar-1. Space Systems/Loral (SS/L), a subsidiary of Loral Space & Communications, the manufacturer of TerreStar-1 today reported that "the main body is 100 percent complete; reference performance testing is underway; and TS-1 is scheduled to enter TVAC [Thermal Vacuum testing] on February 16, 2008." However, SS/L also reported that issues concerning TS-1's feed array could delay the delivery and launch of the satellite by three months. SS/L stated that it will provide a more definitive schedule after additional testing is completed in April 2008. Arianespace, the launch provider for TerreStar-1, has confirmed that it can launch the satellite during the December 2008 - February 2009 launch window under the innovative "launch on demand" contract between TerreStar and Arianespace.

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Winning Brands Corporation (Pink Sheets: WNBD) (February 7th, 2008) reports that field evaluations have now commenced for its new KIND(TM) Laundry Products line in settings where laundry products are currently sold by vending machine or can be sold by vending machines. The new class of sizes is illustrated by the rectangular 5-6 fl.oz. package range shown in the photo. Industry watchers have speculated whether Winning Brands will approach the laundry detergent sector as a niche brand or mainstream. Snr VP Lorne Kelly says that nothing prevents KIND(TM) laundry products from becoming a favourite in any households that discover the friendly new brand; "We are not confined to settings where people are already looking for green products -- we are going to go out there to be available where people shop for laundry products in general, even including Laundromats."

An evaluation relationship has been established with a leading manufacturer in the vending machine sector and real-world tests will now be applied to performance of the packages, distributor supply chain delivery details and confirming final consumer response. The purpose of this final pre-launch stage for the KIND(TM) vending machine SKU variant is to identify and remove obstacles to commercial order volumes for this size range, estimated to be in standard batches of 166,000 bottles per run. The retail value of each such batch in consumers' hands is approximately $500,000. It is estimated that existing vending machine small-dose package sales in powder and liquid form for all brands is between 50-100 million units per year. Final production of KIND(TM) will take place at the Grand Rapids, Michigan facilities of Surefil LLC where the most recent additions to the plant have increased capacity for its brand partners to a new threshold of 75 million units per year.

Winning Brands CEO, Eric Lehner, points out that a systematic approach is what Winning Brands prefers. "We make this announcement because the testing phase is the last one before implementation. The program commitment is now in place for this initiative to become a reality."

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Point Blank Solutions, Inc. (Pink Sheets: PBSO ) (February 8th, 2008) announced Friday that it has nominated a slate of five highly qualified director nominees for election to the Board of Directors of Point Blank Solutions, Inc. ("PBSI" or the "Company") at the Company's 2008 Annual Meeting of Shareholders. Steel Partners, which beneficially owned 3,441,922 shares of common stock of the Company as of February 7, 2008, constituting approximately 6.7% of the Shares outstanding, detailed its intention in a written notice to the Corporate Secretary of Point Blank.

On October 30, 2007, Steel issued a letter to the Company stating its willingness to enter into negotiations to acquire all of the common stock of PBSI it does not already own for no less than $5.50 per share in cash, representing at least a 23% premium to PBSI's closing price on October 29, 2007. PBSI management subsequently rejected Steel's offer.

Steel stressed at the time its extensive experience working with and maximizing the value of other public companies in the defense industry, including United Industrial Corporation, Aydin Corp., ECC International Corp. and Tech-Sym Corp. PBSI's core business is the manufacturing of body armor and protective clothing for the military and law enforcement.

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