MILPITAS, Calif., March 24, 2009 (GLOBE NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT), the world's largest provider of mobile satellite voice and data services to businesses, governments and individuals, today announced that Globalstar Independent Gateway Operator (IGO) Globalstar de Mexico has launched a multi-mode satellite asset tracking product. The new multi-mode hybrid tracking technology wireless device, or HTT, is capable of providing GPS-based asset tracking location coordinates and alert monitoring information from virtually anywhere. Globalstar will be displaying the new HTT product at the Mobile Satellite Users Association (MSUA) and Satellite 2009 Conference and Tradeshow being held in Washington, DC. later this week.
HTT provides customers with the coverage needed to effectively manage the location of their mobile assets such as tractor trailers, heavy construction vehicles, and maritime shipping containers. HTT transmits remote tracking data using either Globalstar's high quality satellite Simplex data network or terrestrial-based GSM/GPRS wireless network. HTT can also be integrated with a variety of pre-existing web-based backoffice and fleet management tools so customers can visually track their mobile assets using web-based mapping tools such as Google Earth(tm).
"Through the collaborative efforts of Globalstar's world-wide service providers, our customers have an effective and affordable solution to manage and track the location of their mobile assets virtually anywhere," said Marty Neilsen, Vice President, New Business Ventures for Globalstar, Inc. Mr. Neilsen added, "Using input from other Globalstar IGOs, Globalstar de Mexico designed its HTT device to be easily integrated with current web based mapping capability. HTT demonstrates how Globalstar partners can collaborate, design and deliver a user-friendly solution to a growing international machine-to-machine marketplace."
"Companies' products and supplies travel throughout the globe, often times with complex logistics, to reach their worldwide markets. It became crucial that those companies have the ability to pinpoint the location of their products and materials in real-time at the lowest cost possible and with the most effectiveness for their logistics departments. That is the mission of the HTT and of Globalstar de Mexico," said Eduardo Pacheco, C.E.O. of Globalstar de Mexico. "The HTT allows our customers to enjoy the pricing and coverage advantages offered by each wireless technology," added Mr. Pacheco.
Globalstar's Simplex data offering is a high quality, highly reliable one-way satellite data service that permits customers to use Simplex data solutions such as HTT and integrated back office management solutions to manage personnel and mobile assets using GPS or other location-based software. Simplex data service can also be used for a wide variety of industrial and geo-fencing or security applications to monitor and send information from fixed assets, such as environmental measuring instruments, utility meters, or report the state of various mobile sensor devices and their locations.
Globalstar Mexico has already begun distribution of HTT and commenced testing with a number of commercial customers interested in its fleet management capabilities. For additional sales and pricing information please contact Mr. David Roman at droman@globalstar.com.mx or by phone at +52 (55) 1250-6324.
About Globalstar, Inc.
With over 320,000 subscribers, Globalstar is the world's largest provider of mobile satellite voice and data services. Globalstar offers these services to commercial and recreational users in more than 120 countries around the world. The Company'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
About Globalstar Mexico
Globalstar de Mexico, founded in 1996, is the Mexican service provider of the Low Earth Orbit (LEO) satellite Globalstar telecommunication services offering voice, data and tracking services to companies and individuals that need communication by sky, sea and earth.
Globalstar initiated activities 12 years ago and throughout all this time it has consolidated a first class infrastructure. Globalstar de Mexico's gateway is located in San Martin Texmelucan, Puebla.
Globalstar de Mexico offers the following services:
* Satellite communication for people who live in isolated areas
and lack systems of ground communications
* Tracking services for individuals or fleets putting special
emphasis in satellite technology for location, rescue and
recovery in case of emergency
Among its clients there are government organizations and companies in vertical markets like petroleum, gas, mining, construction, transportation, marine, farming, emergency services, archaeology, security, civil defense and military communication as well as individuals that practice outdoors sports like hunting, fishing, extreme sports, etc.
Safe Harbor Language for Globalstar Releases
This press release contains certain statements such as, "Globalstar will be displaying the new HTT product at the Mobile Satellite Users Association (MSUA) and Satellite 2009 Conference and Tradeshow being held in Washington, DC. later this week," 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 our SPOT Satellite Messenger product, and the ability to retain and migrate our two-way communications services subscribers to our second-generation constellation when it is deployed; problems relating to the construction, launch or in-orbit performance of our existing and future satellites; including the effects of the degrading ability of our first-generation satellite constellation to support two-way communication; problems relating to the ground-based facilities operated by us or by independent gateway operators; our ability to attract sufficient additional funding to meet our future capital requirements including deployment of our second-generation constellation; competition and its competitiveness vis-a-vis other providers of satellite and ground-based communications products and services; the pace and effects of industry consolidation; the continued availability of launch insurance on commercially reasonable terms, and the effects of any insurance exclusions; 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.