ViaSat Announces Early Termination of HSR Waiting Period in Connection with Proposed Acquisition of WildBlue Communications

Posted on: Fri, 30 Oct 2009 08:00:00 EDT


Symbols: VSAT
CARLSBAD, Calif., Oct 30, 2009 (BUSINESS WIRE) --
VSAT | Quote | Chart | News | PowerRating -- ViaSat Inc. (Nasdaq: VSAT), a producer of innovative satellite and other
wireless communication systems, announced today that ViaSat and WildBlue
Communications Inc. have been granted early termination by the Federal
Trade Commission and the Antitrust Division of the Department of Justice
of the mandatory waiting period under the Hart-Scott-Rodino Antitrust
Improvements Act of 1976, as amended ("HSR"), in connection with the
previously announced ViaSat acquisition of WildBlue.

Completion of the proposed acquisition remains subject to receipt of
other regulatory approvals and the satisfaction of the other closing
conditions set forth in the merger agreement. The parties continue to
expect the transaction to close in the fourth quarter of ViaSat's 2010
fiscal year, which ends April 2, 2010.

About ViaSat (www.viasat.com)

ViaSat produces innovative satellite and other digital communication
products that enable fast, secure, and efficient communications to any
location. The company provides networking products and managed network
services for enterprise IP applications; is a key supplier of
network-centric military communications and encryption technologies and
products to the U.S. government; and is the primary technology partner
for gateway and customer-premises equipment for consumer and mobile
satellite broadband services. ViaSat also offers design capabilities and
a number of complementary products including monolithic microwave
integrated circuits and modules, DVB-S2 satellite communication
components, video data link systems, data acceleration and compression,
and mobile satellite antenna systems. ViaSat is based in Carlsbad, CA,
has major locations in Duluth, GA, and Germantown, MD (Comsat
Laboratories division), and additional field offices and service centers
worldwide.

Safe Harbor Statement

This press release contains forward-looking statements that are subject
to the safe harbors created under the Securities Act of 1933 and the
Securities Exchange Act of 1934. Forward-looking statements include,
among others, statements that refer to the timing and expected closing
of the proposed acquisition of WildBlue by ViaSat. Readers are cautioned
that actual results could differ materially from those expressed in any
forward-looking statements. Factors that could cause actual results to
differ include: the ability of the parties to consummate the proposed
acquisition on the terms described in this release, or at all; the
satisfaction of the various closing conditions to the proposed
acquisition; the ability to realize anticipated benefits of the proposed
acquisition; and other factors affecting the communications industry
generally. In addition, please refer to the risk factors contained in
ViaSat SEC filings available at www.sec.gov,
including ViaSat's most recent Annual Report on Form 10-K and Quarterly
Reports on Form 10-Q. Readers are cautioned not to place undue reliance
on any forward-looking statements, which speak only as of the date on
which they are made. ViaSat undertakes no obligation to update or revise
any forward-looking statements for any reason.

WildBlue is a registered trademark of WildBlue Communications Inc.

Comsat Labs and Comsat Laboratories are trade names of ViaSat, Inc.
Neither Comsat Labs nor Comsat Laboratories is affiliated with COMSAT
Corporation. "Comsat" is a registered trademark of COMSAT Corporation.

SOURCE: ViaSat Inc.


Media Relations
Brainerd Communicators
Joe LoBello / Scott Cianciulli
212.986.6667
lobello@braincomm.com
cianciulli@braincomm.com
or
Investor Relations
ViaSat Inc.
760-476-2633

For full details on Viasat Inc (VSAT) VSAT. Viasat Inc (VSAT) has Short Term PowerRatings at TradingMarkets. Details on Viasat Inc (VSAT) Short Term PowerRatings is available at This Link.

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