Stratos Board Approves Increased Offer Price For Acquisition by CIP Canada

    Offer price raised to C$7.00 per share; a 9.4 percent increase to the
    original offer price

    BETHESDA, MD, June 11 /CNW/ - Stratos Global Corporation ("Stratos" or
the "Corporation") today announced that its Board of Directors unanimously
approved an increased cash purchase price of C$7.00 per share for the proposed
acquisition of Stratos by CIP Canada Investment Inc. ("CIP Canada"). This
represents a 9.4 percent increase compared to the original offer price of
C$6.40 per share and a 5.9 percent increase compared to the most recent
closing price of Stratos shares on June 8, 2007.
    "We are pleased that CIP Canada decided to increase its offer price
following discussions initiated by Stratos with certain of our major
shareholders," said Charles Bissegger, Stratos' chairman of the Board of
Directors. "We continue to believe this is the right transaction for Stratos
and we recommend that all shareholders vote in favor of the plan of
    As announced earlier today, completed proxies can now be submitted up
until the 2:00 p.m. Eastern Daylight Time start of the Annual and Special
Meeting of Shareholders on Tuesday, June 12, 2007. The meeting will be held in
the Northern Lights Ballroom at the Renaissance Toronto Hotel Downtown,
One Blue Jays Way, Toronto Canada.
    Shareholders who have already submitted proxies and would like to change
their vote or require assistance in completing their proxy should contact
Georgeson Shareholder Communications Canada Inc. at its North American toll
free number of 1-866-682-6144.

    About Stratos
    Stratos (TSX: SGB), with over a century of service, is the world's
trusted leader for vital communications, offering the most powerful and
extensive portfolio of remote communications products, including mobile and
fixed satellite and microwave services. Stratos' more than 20,000 customers
use its services on seven continents and across the world's oceans. Stratos
serves U.S. and international government, military, first responder, NGO, oil
and gas, industrial, maritime, aeronautical, enterprise, and media users. For
more information visit

    %SEDAR: 00003648E

For further information:

For further information: Investor Contact: Alfred Giammarino, Executive
Vice President & CFO, (301) 968-1926,

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