Globalstar CEO Inducted Into Satellite Hall of Fame for Lifesaving Technology

Jay Monroe recognized for development of SPOT

| Source: Globalstar, Inc.

COVINGTON, La., March 09, 2017 (GLOBE NEWSWIRE) -- Globalstar (NYSE:GSAT) Chairman and Chief Executive Officer, Jay Monroe, has been inducted into the Society of Satellite Professionals International’s (SSPI) Satellite Hall of Fame for his efforts in bringing Globalstar’s lifesaving technology, SPOT, to the market.

During a ceremony hosted by SSPI in Washington, D.C., Mr. Monroe reflected on the journey of Globalstar’s SPOT devices including the evolution of the product and its record of lives saved.

“Acceptance of SPOT, a lifesaving device, in the market place was gradual,” said Jay Monroe. “Between the initial launch in August 2007 and December 2015, SPOT devices were responsible for 4,000 rescues. In the last fifteen months however, SPOT has initiated almost 1,000 additional rescues.”

To date, SPOT devices are responsible for initiating 4,967 rescues around the world, on five continents and in 89 countries. Recent rescues include a woman who wrecked her snowmobile in Canada after slamming into a tree, sustaining multiple injuries; a motorcyclist in California that needed to be airlifted after an accident in the middle of a national forest; and two hikers saved in New Zealand requiring a helicopter flight to a nearby hospital.  

“It is a true honor to be inducted into the satellite hall of fame which would not have been possible without the outstanding team at Globalstar,” commented Mr. Monroe. “I am proud to work with a group of truly talented individuals who are committed to developing and improving satellite technology that saves lives each and every day.”

About Globalstar, Inc.
Globalstar is a leading provider of mobile satellite voice and data services. Customers around the world in industries such as government, emergency management, marine, logging, oil & gas and outdoor recreation rely on Globalstar to conduct business smarter and faster, maintain peace of mind and access emergency personnel. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring, SCADA and IoT applications. The Company's products include mobile and fixed satellite telephones, the innovative Sat-Fi satellite hotspot, Simplex and Duplex satellite data modems, tracking devices and flexible service packages.

Note that all SPOT products described in this press release 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.

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Samantha de Castro
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