GlobeNewswire
2011-09-06
Service Will Continue to Improve as Additional Satellites
Become Operational -- Twelve More Satellites are Planned to
Launch Before the End of the Year
COVINGTON, La., Sept. 6, 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
it has started processing commercial mobile satellite telephone calls
for customers throughout the United States, Canada, Northern Mexico,
Puerto Rico and the surrounding regions using its new second-generation
satellites. Globalstar voice and duplex data customers in these regions
can expect improved coverage availability and call performance due to
the activation of the Company's six ground stations located throughout
North America.
In March of this year, the International Bureau of the Federal
Communications Commission (FCC) granted Globalstar conditional
authority to operate its second-generation satellites within the United
States using its North American gateways pending the completion of the
French authorization process for the new satellites. This process was
completed last week.
Globalstar launched six new second-generation satellites in October of
2010 and an additional six satellites in July of 2011. The operational
satellites from these first two launches have previously been providing
improved coverage for Globalstar customers outside of North America and
the surrounding territory.
Last month the Company announced the successful delivery of additional
satellites to Baiknour where they are being prepared for the third
launch of six satellites currently scheduled for early October.
Globalstar plans to complete the first four launches of its new
satellites by the end of this year.
Once the new constellation is launched and fully deployed, the Company
expects to, once again, provide the world's finest quality mobile
satellite voice and fastest mobile satellite handset data services to
commercial, residential and government customers throughout its entire
global coverage area.
For additional information regarding the purchase of Globalstar's voice
and data services please visit the Globalstar website at
www.globalstar.com
For additional information on how to become a dealer or distributor of
Globalstar 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, "Once the new
constellation is launched and fully deployed the Company expects to
once again reliably provide the world's finest quality mobile satellite
voice and fastest mobile satellite handset data services to commercial
and government customers in more than 120 countries," that are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on current expectations and assumptions that are
subject to risks and uncertainties which may cause actual results to
differ materially from the forward-looking statements. Forward-looking
statements, such as the statements regarding the Company's ability to
develop and expand its business, its anticipated capital spending
(including for future satellite procurements and launches), its ability
to manage costs, its ability to exploit and respond to technological
innovation, the effects of laws and regulations (including tax laws and
regulations) and legal and regulatory changes, the opportunities for
strategic business combinations and the effects of consolidation in its
industry on the Company and its competitors, its anticipated future
revenues, its anticipated financial resources, its expectations about
the future operational performance of its satellites (including their
projected operational lives), the expected strength of and growth
prospects for the Company's existing customers and the markets that it
serve, commercial acceptance of its new Simplex products, including its
SPOT satellite GPS messenger(TM) products, problems relating to the
ground-based facilities operated by the Company or its independent
gateway operators, worldwide economic, geopolitical and business
conditions and risks associated with doing business on a global basis
and other statements contained in this release regarding matters that
are not historical facts, involve predictions.
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 Globalstar
undertakes no obligation to update any such statements. Additional
information on factors that could influence the Company's financial
results is included in its filings with the Securities and Exchange
Commission, including its 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