HyperSpace(R) Communications Files Definitive Proxy

HyperSpace(R) Communications Files Definitive Proxy
Company Recommends Shareholders Vote FOR Proposal to Merge With GTG PC Holdings
LLC, the Parent Company of MPC Computers, LLC



DENVER, June 20  /PRNewswire-FirstCall/ -- HyperSpace(R) Communications, Inc.
(AMEX:HCO), a provider of application and network acceleration software, today
announced that on June 17, 2005, it filed its definitive proxy statement with
the Securities and Exchange Commission for the upcoming annual shareholders'
meeting scheduled for July 22, 2005.

Shareholders of record as of June 1, 2005, will be asked to vote on four items.
The first item is a proposal to approve and adopt the merger agreement
involving the Company's proposed acquisition of GTG PC Holdings, LLC, the
parent company of MPC Computers, LLC. Executive management and the board of
directors of HyperSpace recommend shareholders to vote FOR adoption of the
merger agreement as well as the other three proposals as follows:

   *  A proposal to amend the Company's Articles of Incorporation to
      increase the number of shares of common stock HyperSpace can issue
      from 15 million shares to 50 million shares.

   *  A proposal to amend the Company's 2004 Equity Incentive Plan to
      increase the number of shares of common stock that can be issued under
      the plan from 700,000 to 5,000,000.

   *  A proposal to elect two directors.



"We encourage our shareholders to carefully review all information in their
proxies and to vote FOR all four proposals," said John Yeros, chairman of the
board of HyperSpace.

Management and the board of directors encourage all shareholders, upon receipt
of the definitive proxy, to promptly cast their votes in favor of all four
proposals by submitting their proxies by mail or via the Internet or telephone.
Instructions for voting will be included in the proxy materials.

About HyperSpace Communications

HyperSpace software supports anywhere, anytime access to business-critical data
world wide, with real-time, secure application acceleration over existing
networks. Hyperspace offers secure, accelerated access right to the desktop.
Customers include ABN AMRO, Deutsche Bank, Bridgestone-Firestone Europe, UBS
Financial Services, Dex Media, Hunter Douglas, Nokia, Telecom Italia, Amway,
along with many others. For more information, visit HyperSpace online at
http://www.ehyperspace.com/.

About MPC Computers

MPC Computers, LLC, provides award-winning computer products and services to
its target markets of mid-sized companies, government agencies and education
organizations. MPC's mission is to provide its customers with a superior level
of service and support in addition to its high-quality PC products. MPC,
headquartered in Nampa, Idaho, is held by Gores Technology Group, an
international acquisition and management company. More information about the
company can be found at http://www.mpccorp.com/.

Cautionary Statement

Certain statements in this press release are "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. These statements involve a number of
risks, uncertainties and other factors that could cause actual results,
performance or achievements of HyperSpace Communications or MPC Computers to be
materially different from any future results, performance or achievements
expressed or implied by these forward-looking statements. Other factors, which
could materially affect such forward-looking statements, can be found in
HyperSpace Communications' filings with the Securities and Exchange Commission,
including risk factors at http://www.sec.gov/. Investors, potential investors
and other readers are urged to consider these factors carefully in evaluating
the forward-looking statements and are cautioned not to place undue reliance on
such forward-looking statements. Factors that could materially affect the
results, performance or achievements of MPC Computers include competition in
the PC industry, rapid changes in technology, intellectual property disputes,
reliance on federal, state and local government for a significant portion of
its revenue, and fluctuations in MPC Computers' operating results, working
capital and borrowing base under its credit facility. The forward-looking
statements made herein are only made as of the date of this press release and
HyperSpace Communications undertakes no obligation to publicly update such
forward-looking statements to reflect subsequent events or circumstances.

HyperSpace has filed a definitive proxy statement with the Securities and
Exchange Commission (SEC). Investors can obtain free copies of the preliminary
proxy statement, as well as other filings containing information about
HyperSpace, without charge at the SEC's Internet site (http://www.sec.gov/).
HyperSpace expects to mail its definitive proxy to shareholders on or about
June 22, 2005. The annual meeting will be held in the company's offices at 8480
E. Orchard Rd. Suite 6600 Greenwood Village, CO 80111.

Investors are urged to read the definitive proxy statement and other materials
when they become available because they will contain important information. 

DATASOURCE: HyperSpace Communications, Inc.



CONTACT:  John P. Yeros, Chairman, [phone], or Barbara Coy,

Investor Relations, [phone], both of HyperSpace Communications, Inc.



Web site:  http://www.ehyperspace.com/

http://www.mpccorp.com/ 

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