GlobeNewswire
2011-10-04
Two of the Six Satellites From the Second Launch Now
Operational With Four to be Placed in Service Shortly - Third
Launch Planned for December
COVINGTON, La., Oct. 4, 2011 (GLOBE NEWSWIRE) -- Globalstar, Inc.
(Nasdaq:GSAT), a leading provider of mobile satellite voice and data
services to businesses, government and consumers, today announced that
the second of six satellites launched in July is now operational and
processing mobile satellite voice and data call traffic to customers in
North America and around the world. The deployment of these six
satellites from the second launch is on schedule. The first satellite
from the July launch was placed into service in August and the four
remaining satellites are expected to become operational over the next
few months.
The new second-generation satellites are designed to support
Globalstar's current lineup of voice, Duplex and Simplex data products
and services including the Company's SPOT retail consumer products. As
each new Globalstar satellite becomes operational, service availability
and reliability improvements will benefit those customers who use the
Company's voice and Duplex data services. With each subsequent launch,
these customers can expect a progressive return to high quality
coverage and call completion reliability.
Globalstar is currently deploying its second-generation satellite
constellation and launch services provider Arianespace has been
contracted to conduct launches of six satellites each. The first two
launches were successfully conducted in October of 2010 and July of
2011. Globalstar is currently planning to launch six additional
satellites in December.
For additional information on how to become a dealer or distributor of
Globalstar data products and services, please see the information
below.
In the United States please visit the following link
http://globalstar.com/en/becomeadealer/index.php?sidenav=68
In Canada please visit the following link
http://ca.globalstar.com/en/becomeadealer/index.php?sidenav=68
About Globalstar, Inc.
Globalstar is a leading provider of mobile satellite voice and data
services. Globalstar offers these services to commercial customers and
recreational consumers in more than 120 countries around the world. The
Company's products include mobile and fixed satellite telephones,
simplex and duplex satellite data modems, the SPOT family of mobile
satellite consumer products including the SPOT Satellite GPS
Messenger(TM) and flexible airtime service packages. Many land based
and maritime industries benefit from Globalstar with increased
productivity from remote areas beyond cellular and landline service.
Global customer segments include: oil and gas, government, mining,
forestry, commercial fishing, utilities, military, transportation,
heavy construction, emergency preparedness, and business continuity as
well as individual recreational consumers. Globalstar data solutions
are ideal for various asset and personal tracking, data monitoring and
SCADA applications. All SPOT products described in Globalstar or SPOT
LLC press releases are the products of Spot LLC, which is not
affiliated in any manner with Spot Image of Toulouse, France or Spot
Image Corporation of Chantilly, Virginia.
For more information regarding Globalstar, please visit Globalstar's
web site at www.globalstar.com
The Globalstar, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=8183
Safe Harbor Language for Globalstar Releases
This press release contains certain statements such as, "The first
satellite from the July launch was placed into service in August and
the four remaining satellites are expected to become operational over
the next few months," that are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond our control, including demand
for our products and services, including commercial acceptance of our
new Simplex products, including the SPOT Satellite GPS Messenger;
problems relating to the ground-based facilities operated by us or by
independent gateway operators; the pace and effects of industry
consolidation; changes in technology; our ability to continue to
attract and retain qualified personnel; worldwide economic,
geopolitical and business conditions and risks associated with doing
business on a global basis; and legal, regulatory, and tax
developments, including changes in domestic and international
government regulation.
Any forward-looking statements made in this press release speak as of
the date made and are not guarantees of future performance. Actual
results or developments may differ materially from the expectations
expressed or implied in the forward-looking statements, and we
undertake no obligation to update any such statements. Additional
information on factors that could influence our financial results is
included in our filings with the Securities and Exchange Commission,
including our Annual Report on Form 10-K, Quarterly Reports on Form
10-Q and Current Reports on Form 8-K.
CONTACT: For further media information:
Globalstar, Inc.
Dean Hirasawa
985.335.1505
Dean.hirasawa@globalstar.com