Globalstar, Inc. Announces Investment Community Event

Chief Operating Officer Thomas Colby to Speak At RBC Capital Markets - Technology, Media and Communications Conference in San Francisco On August 7, 2008


MILPITAS, Calif., Aug. 5, 2008 (PRIME NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses, governments and individuals, today announced an upcoming investment community event.

On August 7, 2008 at 4:00 p.m. PT, Chief Operating Officer Thomas Colby is scheduled to present at the RBC Capital Markets - Technology, Media and Communications Conference in San Francisco, CA.

The conference investor presentation will be posted on the Globalstar corporate website on the day of the event. A webcast of the presentation will also be available at the following link. http://www.wsw.com/webcast/rbc91/globalstar/

About Globalstar, Inc.

Globalstar offers satellite voice and data services to commercial and recreational users in more than 120 countries around the world. Globalstar's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible 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 users. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.

For more information regarding Globalstar, please visit Globalstar's web site at www.globalstar.com



            

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