EchoStar Reports Second Quarter 2008 Financial Results

ENGLEWOOD, Colo. — EchoStar Corporation (Nasdaq: SATS) today reported total revenue of $483 million for the quarter ended June 30, 2008, a 46.2 percent increase compared with $331 million for the corresponding period in 2007.

EchoStar reported net income of $48 million for the quarter ended June 30, 2008, compared with net losses of $15 million during the corresponding period in 2007. Basic earnings per share were $0.53 for the quarter ended June 30, 2008, compared with a basic loss per share of $0.16 during the corresponding period in 2007.

Detailed financial data and other information are available in EchoStar’s Form 10-Q for the quarterly period ended June 30, 2008, filed today with the Securities and Exchange Commission.