SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
April 24, 2000
Date of Report (Date of earliest event reported)
MOTIENT CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 0-23044 93-0976127
(State or other jurisdiction (Commission IRS Employer
of incorporation) File Number) Identification No.)
10802 Parkridge Boulevard
Reston, Virginia 20191-5416
(703) 758-6000
(Address, including zip code, and telephone number,
including area code, of registrant's principal
executive offices)
AMERICAN MOBILE SATELLITE CORPORATION
(former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
On April 24, 2000, the registrant changed its name from "American Mobile
Satellite Corporation" to "Motient Corporation." The registrant hereby
incorporates by reference the information contained in Exhibit 99.1 hereto in
response to this Item 5, announcing such change in the name of the registrant.
Item 7. Financial Statements and Exhibits
(c) Exhibits
The following documents are filed as exhibits to the report:
99.1 Press Release dated April 24, 2000.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MOTIENT CORPORATION
(Registrant)
Date: April 24, 2000 /s/Randy S. Segal
Randy S. Segal
Senior Vice President, General Counsel
Contacts:
David Wonderling Phil Piemonte
Motient Hill and Knowlton
703-716-6375 703-476-2241
[email protected] emonte@hillandknowlton
AMERICAN MOBILE SELECTS "MOTIENT CORPORATION"
AS BUSINESS NAME FOR NEW MILLENNIUM
Motient Reflects A Focused Commitment to Mobile Communications
RESTON, VA, - April 24, 2000 --Projecting a clear vision for its corporate
future, American Mobile Satellite Corporation (NASDAQ: SKYC) today announced
that it was reinforcing its change of corporate direction by renaming the
company "Motient Corporation." {NASDAQ symbol effective April 25, 2000 - MTNT}.
"Motient conveys a sense of motion, intelligence and information - all
critically important factors in how we provide wireless communications
solutions," said Walter V. Purnell, Jr., president and chief executive officer
of Motient. "Our corporate direction is providing wireless data solutions and
mobile Internet access using the best terrestrial network in the United States.
Motient's satellite and industry-leading terrestrial network provide on-street
and in-building coverage to more than 220 million Americans; it is clearly our
competitive edge."
"Motient is information in motion, solutions in motion and instant messaging for
business-to-business and business-to-consumers," Purnell continued. "We are
excited about our role in the ever-changing world of the mobile professional -
travelling around the Beltway or across the United States."
According to Gary M. Parsons, Motient Chairman, "We have clearly moved beyond
our initial role as a satellite service provider. The new name and branding is
more consistent with our role as a mobile Internet provider with a comprehensive
terrestrial and satellite data communications network. eLinksm wireless email by
Motient and MobileMAX2(TM)by Motient keep business connected to both corporate
and personal information."
About Motient
Motient (www.Motient.com) owns and operates an integrated terrestrial/satellite
network and provides a wide range of two-way mobile and Internet communications
services principally to business-to-business customers and enterprises. The
company provides its industry-leading eLinksm two-way wireless email service to
customers accessing email through corporate servers, Internet Service Provider
(ISP) and Mail Service Provider (MSP) accounts, and paging network suppliers.
Motient serves a variety of markets including mobile professionals, telemetry,
transportation, field service, and nationwide voice dispatch offering coverage
to all 50 states, Puerto Rico, the U.S. Virgin Islands, and hundreds of miles of
U. S. coastal waters.
# # #
Factors that could cause actual results to differ materially from those in the
forward-looking statements in this news release are described in Motient
(formerly American Mobile Satellite) Corporation's registration statement on
Form S-3 (File No. 333-81459) and in Motient's (formerly American Mobile's)
annual report on Form 10-K for the year ended December 31, 1999 and its other
periodic filings and reports with the Securities and Exchange Commission. Copies
of such reports and filings are available upon request from Motient
Corporation's Investor Relations Department.
