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**Paul** · #41 07-20-2009, 07:18 AM

SPOT Congratulates Zac Sunderland On Achieving World Record for Youngest World Circumnavigator in Solo Sailing
Expedition Product Sponsorship With SPOT Satellite GPS Messenger Provided Remote Satellite Messaging and Emergency Communications
Press Release
Source: SPOT Inc.
On Monday July 20, 2009, 7:00 am EDT
Globalstar inc.
MILPITAS, Calif., July 20, 2009 (GLOBE NEWSWIRE) -- SPOT LLC, a wholly-owned subsidiary of Globalstar Inc. (Nasdaq:GSAT - News) and an award-winning leader in personal satellite messaging and emergency communications, today congratulates Zac Sunderland, 17, on breaking the World Record for the youngest person to circumnavigate the world in solo sailing history. Zac arrived back in his home port in Marina del Rey, California on Thursday morning July 16, 2009, completing his 13-month quest.

On June 14, 2008, Zac Sunderland departed Marina del Rey, on his 36-foot Islander named The Intrepid to complete a 28,000-nautical-mile voyage and break the world record. Sunderland, the oldest of seven siblings, is the first person under the age of 18 and the youngest to circumnavigate the world solo. He docked his yacht today at Fisherman's Village in the Marina.

SPOT LLC sponsored Zac's expedition with a donation of a SPOT Satellite GPS Messenger(tm) and service plan providing him with messaging capabilities. His SPOT device enabled Zac the ability to send location updates in real-time via satellite to his family or for emergency communications.

"Zac's passion for sailing and quest for adventure and personal best speaks volumes to the character of this young man," said Darren Bassel, director of global marketing for SPOT LLC. "We are proud that the SPOT Satellite GPS Messenger was an instrumental component to Zac's safety plan, allowing him to share his locations throughout his expedition providing invaluable peace-of-mind to his family. We have been following his progress and are honored to have participated in his record-breaking expedition."

The SPOT Satellite GPS Messenger(tm) became a critical communication tool when Zac lost all power to his radar while at sea off the coast of Granada. Days before, during 15-foot seas that snapped his spinnaker, he lost his satellite phone which he used almost daily to communicate with his parents. Worried from days of not hearing from Zac, his parents were finally relieved when an SMS text message came through on his mom's cell phone: "Hi Mom, it's Zac. I'm OK."

The handheld battery operated SPOT Satellite GPS Messenger(tm) sends the user's GPS location coordinates and select messages over a global satellite network to personal contacts as SMS text or email with a link to Google Maps(tm). In an emergency, SPOT will notify an international rescue coordination center of one's location and need for help. Because SPOT uses satellite technology, users can reliably send their location information and messages regardless of cellular service availability.

To learn more about Zac Sunderland's historic expedition, please visit his website at Zac Sunderland or his blog at Zac's Blog.

**Paul** · #42 07-21-2009, 07:07 AM

Photo Release -- SPOT Unveils Next Generation Satellite GPS Messenger At Outdoor Retailer
SPOT Expands Product Line With the New SPOT Satellite GPS Messenger - 30% Smaller and Lighter Offering Advanced Capabilities and Feature-Rich Enhancements
Press Release
Source: SPOT Inc.
On Tuesday July 21, 2009, 7:00 am EDT
Globalstar inc.
SALT LAKE CITY, July 21, 2009 (GLOBE NEWSWIRE) -- SPOT LLC, a wholly owned subsidiary of Globalstar, Inc. (Nasdaq:GSAT - News) and a leader in personal satellite messaging and emergency communications, today introduced its new SPOT Satellite GPS Messenger(tm). The new SPOT Satellite GPS Messenger(tm) is 30% smaller and lighter than the original SPOT Satellite personal tracker, offers additional custom messaging modes, and uses a state-of-the-art GPS chipset and satellite communications to provide enhanced reliability and performance. SPOT LLC is showcasing its line of products and services this week at the Outdoor Retailer Summer Market Conference in booth number 36191 at the Salt Palace Convention Center in Salt Lake City, Utah.

Website ..." width="190" >
GlobeNewswire - Website ...

A photo accompanying this release is available at GlobeNewswire, Inc.

"Since market introduction, the award-winning original SPOT has initiated more than 250 rescues and sent millions of peace-of-mind and track-me messages around the world. We have listened to our customers' suggestions and are proud to introduce today the second-generation SPOT Satellite GPS Messenger with its increased features and utility," said Darren Bassel, director of global marketing, SPOT LLC. "Today's announcement further demonstrates our continued commitment to expand our product line and develop integrated services like SPOT Assist roadside assistance providing advanced personal satellite communications to increase safety for our customers on a daily basis."

The new SPOT Satellite GPS Messenger(tm) will include the following new features designed to enhance customer usability:

* 30% smaller and lighter than the original model at 5.2 ounces
* New enhanced satellite antenna for improved performance in foliage
or canopied environments
* Advanced GPS performance chipset
* GPS Acquisition light
* "Message Sending" indicator light
* Dedicated GPS Tracking button
* New, dedicated pre-programmable Custom Message button
* Protective covers over S.O.S and Help button to prevent inadvertent
message transmissions
* Illuminated buttons
* Choice of orange or silver
* Included case and neoprene fastening band

The new model includes globally recognized symbols for its message buttons to accommodate use in international markets and stimulate distribution to a growing customer base in North and South America, Europe, Asia and Australia.

"The active outdoor enthusiasts such as hikers, boaters, pilots, riders, remote workers and travelers will continue to enjoy the new SPOT Satellite GPS Messenger(tm) for its ruggedness while its smaller compact size and weight is ideal for portable use," continues Bassel. "The smaller size and ease-of-use will appeal to our broader consumer markets including the family on-the-go or anyone who spends time in the areas with unreliable cellular service."

Equipped with two, notification LED's and six function buttons the new SPOT Satellite GPS Messenger(tm) transmits activated messages based on varying levels of need:

* OK/Check in lets contacts know where you are and that you're okay
* Track Progress sends and saves your location and allows contacts to
track your progress in real-time using Google Maps(tm)
* Help notifies your contacts or SPOT Assist professional services of
your GPS location and need for assistance
* SOS/9-1-1 Alert notifies an emergency rescue coordination center of
your GPS location
* Custom Message button sends a pre-programmed message to your
personal contacts

Since market introduction, the award-winning SPOT Satellite GPS Messenger(tm) has initiated more than 250 rescues and sent over 10 million peace-of-mind and track-me messages around the world. As of March 31, 2009 the Company had received orders to ship more than 120,000 units and it currently has a growing global network of more than 8,000 points of distribution.

Availability:

The new SPOT Satellite GSP Messenger(tm) is scheduled to be available at select retailers later this fall. To find a SPOT retailer in the United States please visit the SPOT dealer locator at Dealer Locator.

**paperchase** · #43 08-08-2009, 12:14 AM

Globalstar, Inc. Signs Contract with Alcatel Alenia Space for Second-Generation LEO Satellite Constellation

MILPITAS, Calif., Dec. 4 /PRNewswire-FirstCall/ -- Globalstar, Inc. (Nasdaq: GSAT), a leading provider of mobile satellite voice and data services to businesses, government and individuals, and Alcatel Alenia Space, the European leader for satellite systems, announced today that the two companies have signed a contract under which Alcatel Alenia Space will design, manufacture and deliver the Globalstar second-generation constellation of 48 low-earth-orbit (LEO) satellites. The total contract value is approximately EURO 661 million. Globalstar will compensate Alcatel Alenia Space approximately EURO 620 million for the design, development and manufacture of 48 new satellites and approximately EURO 41 million for launch and mission operations support services. The contract value could be reduced by up to EURO 28 million if Globalstar chooses to accelerate delivery of the constellation. The satellites are being designed with a life expectancy of 15 years, which is significantly longer than the design life of Globalstar's first generation constellation. Globalstar anticipates the increased satellite lifespan will provide the Company with a second-generation space segment through at least 2025.

Jay Monroe, Chairman and CEO of Globalstar, Inc., and Pascale Sourisse, President and CEO of Alcatel Alenia Space, signed the new agreement on Thursday afternoon during the SATCON Satellite Conference and Expo in New York, NY.

"We are extremely pleased with this agreement, which not only secures the Globalstar space segment through at least 2025, but also takes us another step to offering a host of exciting future services while assisting us in our strategy to maximize our global spectrum opportunity," said Jay Monroe. Mr. Monroe added, "We are thrilled to be working with Alcatel Alenia Space again on something so vital to the long term success of Globalstar and look forward to a mutually beneficial relationship as we move through the next decade and beyond."

Pascale Sourisse commented, "This contract demonstrates the confidence and trust that Globalstar places in our company. It highlights Alcatel Alenia Space's strong competences and resources to design, produce and assemble Globalstar's whole satellite constellation as well as our expertise in providing competitive satellite solutions." Mrs. Sourisse added, "This contract confirms Alcatel Alenia Space's worldwide leadership in telecommunications satellite orders for the year 2006."

The agreement is subject to the establishment of an escrow account, which will require the consent of Globalstar's lenders. Globalstar and Alcatel Alenia Space also agreed that $190 million of the contract payments are to be denominated in dollars with future possible bonus payments of up to $75 million being paid to Alcatel Alenia Space pending both companies meeting certain criteria through 2014.

The second-generation Globalstar constellation will integrate with and eventually replace the current Globalstar space segment, which provides satellite voice and data services to over 120 countries on six continents. In addition to providing backwards compatibility with the Company's current products and services, the Company expects the new satellites to be engineered to provide greater peak demand call capacity, improved data speeds for file transfer and video applications, and improved network management for integrated ATC terrestrial applications, video streaming and broad band data service. The new constellation is also intended to be capable of supporting a wide variety of potential handset services such as push-to-talk and multi-cast networking.

As a contractor for the first generation Globalstar satellites, Alcatel Alenia Space was responsible for the satellite payloads and structures, as well as satellite integration. The company was also responsible for manufacturing and installing the Globalstar ground station antenna terminals.

As with the original Globalstar LEO constellation, the second-generation satellites are designed to provide satellite coverage to all but the polar regions of the earth's surface. "A second-generation LEO constellation has always been a preferred space segment choice because it provides us with the flexibility to offer backwards compatibility to our present customer base while we augment the current satellites with new ones," said Mr. Monroe. "A LEO constellation also continues to provide Globalstar with the capability to offer superior call quality and features such as path diversity, which leads to fewer dropped calls and virtually no signal latency or perceptible voice delay."

This agreement will involve Alcatel Alenia Space's production sites in France, Italy, Spain, and Belgium. Globalstar's second-generation satellites will be assembled and integrated in the Alcatel Alenia Space facility in Rome (Italy). The payloads will be provided by the company's facility in Toulouse (France) with the structures as well as the thermal subsystems being provided by the facility in Cannes (France). Over the next three years, Globalstar will also send selected engineers and contractors to work with Alcatel Alenia Space in Europe.

Globalstar has commenced launch contract discussions with a number of launch providers and expects to finalize its launch plans over the next 12 months. The contract with Alcatel Alenia Space calls for Globalstar to begin taking deliveries of the new satellites in the summer of 2009 with launches beginning shortly thereafter.

In order to supplement its current constellation, Globalstar continues with preparations to launch eight spare first-generation satellites, using two Soyuz launch vehicles, in the first half of 2007. Launch provider Starsem has set two Globalstar launch windows, the first of which begins on March 26, 2007 and the second of which commences on May 14. Alcatel Alenia Space currently is conducting pre-launch preparations on the eight satellites at its facility in Rome, Italy.

**Paul** · #44 08-26-2009, 08:10 AM

SPOT Expands Distribution to Best Buy Stores Nationwide
SPOT Satellite GPS Messenger Now Available At Leading Technology and Consumer Electronics Retailer
Press Release
Source: SPOT Inc.
On Wednesday August 26, 2009, 7:00 am EDT
Globalstar Inc.
MILPITAS, Calif., Aug. 26, 2009 (GLOBE NEWSWIRE) -- SPOT LLC, a wholly-owned subsidiary of Globalstar Inc. (Nasdaq:GSAT - News) and a leader in personal satellite messaging and emergency communications, today announced that its award-winning SPOT Satellite GPS Messenger(tm) will be available in Best Buy Co., Inc (NYSE:BBY - News) retail locations nationwide. Best Buy is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. Starting today, consumers can purchase the SPOT Satellite GPS Messenger at Best Buy stores in the United States and online at Best Buy

The SPOT Satellite GPS Messenger is the world's first handheld satellite personal messaging and safety device that provides an unparalleled level of peace-of-mind for consumers who spend time in the outdoors or simply want to stay connected with family and friends while away from home.

"We are very excited to announce today the general availability of the SPOT Satellite GPS Messenger to customers of one of North America's leading consumer electronics retailers," said Jake Rembert, Vice President of Sales, SPOT LLC. "This partnership further expands our national retail footprint within the consumer electronics space. Tech savvy Best Buy shoppers now have the convenience of purchasing a SPOT device to stay connected with their friends and family and to help ensure their safety while spending time in the outdoors or traveling on the road with their loved ones."

SPOT combines GPS location technologies with reliable commercial satellite messaging to communicate the user's location information and status to a pre-determined list of personal contacts with the push of a button. In an emergency the user can send a S.O.S/9-1-1 alert notifying an international emergency rescue coordination center of their location and need for help from virtually anywhere in the world -- including some of the most remote locations -- independently of cellular networks. SPOT's tracking functionality sends and saves the user's location waypoints and allows their contacts to track their progress in real-time using Google Maps(tm).

Additional subscription services include SPOT Assist Roadside, providing the world's only portable roadside service to operate solely on satellite communications. SPOT Assist Roadside allows drivers on the road to receive roadside assistance 24/7/365 from service providers around town or in remote areas regardless of cellular availability. Backed by a leading provider of national roadside assistance, SPOT Assist services include roadside towing, auto-accident assistance, fuel services, tire repair, battery service, lost key and lockout.

Since its November 2007 introduction, the SPOT Satellite GPS Messenger has helped initiate over 300 rescues on land and at sea in 51 countries. SPOT users have also transmitted more than 12 million "peace-of-mind" and "track me" messages worldwide.

For more information on the SPOT Satellite GPS Messenger and services, please visit Best Buy or the company website at SPOT SATELLITE MESSENGER :: HOME PAGE.

**paperchase** · #45 10-28-2009, 09:29 AM

Globalstar Signs Sales Representative Agreement With MJ Fein & Co. for Remote Utility Meter Reading Product
7:03a ET October 28, 2009 (GlobeNewswire)
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 USA, LLC has signed a distribution or sales representative agreement with MJ Fein & Company Mid-Atlantic LLC of East Hanover, NJ, a leading manufacturer's representative company specializing in the distribution of electrical utility products. MJ Fein will represent Globalstar while distributing Globalstar's satellite-based remote automated utility meter reading interface (MRI) solution, designed to communicate with meters located in areas not served by terrestrial-based wireless or landline systems.

"This agreement with MJ Fein demonstrates Globalstar's continued commitment to expand the distribution of our innovative mobile satellite voice and data services to our core commercial market customers," said Mark Stevenson, Vice President, Strategic Sales and Alliances for Globalstar, Inc. "We are also very pleased and excited to be working with a company that brings more than 40 years of experience working with, and distributing electrical utility equipment to, enterprise customers throughout the Northeast."

According to the contract, MJ Fein will sell and promote the sale of the remote meter reading product and provide promotional, merchandising and training support for customers located in New York, New Jersey, Delaware, Eastern Pennsylvania, Maryland and the Washington, DC area.

"We at M.J. Fein & Co. are pleased to be working with Globalstar on promoting their Mobile Satellite Voice and Data Services," said Walter Radzio, Owner of MJ Fein & Co. "Many Utilities are currently spending money on Remote Metering Communications and we see this as a growing market. With Globalstar's help we expect to fill a need for our customers by providing innovative MRI services for their remote communication applications."

The Globalstar MRI product provides utility companies with a way to communicate with remote CI (commercial and industrial) utility meters using the Globalstar satellite network. The MRI transmits and receives information between the meter and the utility company backoffice host system. The MRI provides a way to manage and collect meter data while eliminating the need for, and the costs associated with, sending workers into remote and sometimes hazardous areas just to read a utility meter. This can result in increased productivity and workplace safety while decreasing the high costs associated with remote meter-reading fleet management. Because utility companies typically only require a few minutes each day to collect and transmit information, the Globalstar Duplex data network can easily provide a highly reliable and cost effective data collection and command execution solution.

The new Globalstar MRI module is designed for use with ANSI C12.18, 19, and 21 compliant products. It is housed in a robust water-resistant housing and can be installed on a utility meter that is located in a remote location. When usage or load information of a meter is required, the utility backoffice initiates a satellite call to the remote meter's modem after determining the optimum satellite availability period from the Globalstar Call Times Tool. The server communicates with the utility meter as if the meter were connected to a standard public telephone line.

The Globalstar MRI module is now available in the United States and Canada. The product is also expected to be launched in other countries later this year. For additional sales and pricing information regarding the Globalstar MRI product please contact Martin Jefferson at (905) 712.7110 or via email at mjefferson@globalstar.ca

**paperchase** · #46 10-29-2009, 09:22 AM

SPOT Introduces New Asset Tracking and Recovery Product at 2009 Fort Lauderdale Boat Show
7:01a ET October 29, 2009 (GlobeNewswire)
Spot LLC, a wholly-owned subsidiary of Globalstar Inc. (Nasdaq:GSAT) and a leader in personal satellite messaging and emergency communications, today announced its further commitment to the maritime market by unveiling a new SPOT satellite-based, security, recovery and messaging product, SPOT HUG (Hybrid Universal Guardian). Spot LLC is showcasing its entire line of award-winning satellite GPS tracking and messaging products at the 2009 Ft. Lauderdale Boat Show at the SPOT booth # 3057-3058 located in the Broward County Convention Center October 29 - November 2, 2009.

SPOT HUG, scheduled to be commercially available in North America spring 2010, is the newest addition to the growing SPOT product family providing an innovative and easy-to-install satellite-based asset monitoring and messaging system for boats. SPOT HUG monitors the boat's location and sends "unauthorized movement" alerts to the SPOT Asset Monitoring Center providing 100% satellite-based theft protection. In addition, SPOT HUG provides peace-of-mind and safety messaging features found with the SPOT Satellite GPS Messenger.

Equipped with a self-installed Base Station and key fobs, SPOT HUG automatically sets a "Home Base" position providing a security range for the boat. If the asset moves beyond the range without the fob present, the Base Station immediately alerts the Monitoring Center with its GPS position. The boat owner also receives notification of the unauthorized movement via SMS and/or email alert.

When in range of the Base Station, the popular satellite messaging functions of SPOT can be initiated from the fob transmitting location-based messages to personal contacts, track progress and summon help with SPOT Assist services or in an emergency via SPOT's global emergency response center.

"Today's introduction of SPOT HUG offers the boating community a low-cost innovative solution providing asset protection and personal satellite messaging found in one product," said Peter Dalton, CEO of Globalstar Inc. and President of Spot LLC.

"We are pleased to expand our product line and provide additional services offering increased levels of safety and security for our customers, their families and now their boats."

Pricing and Availability:

SPOT HUG's suggested hardware retail price is expected to be under $500 plus an additional annual subscription price for service which will include unlimited asset monitoring and personal satellite messaging. For more information on SPOT products and location-based satellite services like roadside assistance, visit SPOT SATELLITE MESSENGER :: HOME PAGE.

**paperchase** · #47 11-04-2009, 08:28 AM

Globalstar, Inc. Q3-2009 Earnings Call Release Notice
1:30p ET November 3, 2009 (GlobeNewswire)
Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses, governments and individuals, will announce its third quarter 2009 financial results on Thursday, November 5, 2009 after the market closes. The earnings conference call scheduled for November 5, 2009 at 5:00 p.m. Eastern Time will discuss the third quarter results for 2009.

Details are as follows:

News To be released on Thursday, Nov 5, 2009 after the
Release: market closes. The release will be available over
GlobeNewswire and from the Globalstar, Inc. website
at New - Globalstar, Inc. :: Worldwide Satellite Voice and Data Products and Services for Customers around the Globe.

Earnings Dial: 866.804.6927 (U.S. and Canada), 857.350.1673
Call: (International) and participant pass code # 77284424

The earnings call presentation will also be available
on the Investor Relations section of the Globalstar
website

Audio A replay of the earnings call will be available for a
Replay: limited time and can be heard after 7:00 p.m. ET on
Nov 5, 2009. Dial: 888.286.8010 (U.S. and Canada),
617.801.6888 (International) and pass code # 77265400

**paperchase** · #48 11-06-2009, 10:31 PM

Globalstar Opens New Gateway Expanding Coverage Into Oil Rich Nigeria and Western Africa
7:04a ET November 5, 2009 (GlobeNewswire)
Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses, governments and consumers, today announced it has installed a simplex data applique at its new gateway ground station in Nigeria. The applique installation completes construction of the gateway which will provide Globalstar satellite coverage to Nigeria, the surrounding portions of Western and Central Africa, as well as parts of the coastal Atlantic and Gulf of Guinea maritime region. Globalstar independent service provider Globaltouch (West Africa) Limited (GWAL) based in Lagos, Nigeria will operate the gateway located in Kaduna. Globalstar owns a 30 percent equity stake in the new service provider operation.

Beginning this week, GWAL expects to initially offer Globalstar Simplex data solutions for a variety of logistics, supply chain management, government asset tracking applications plus SPOT Satellite GPS Messenger(TM) tracking and messaging products and services for both enterprise and consumer applications. GWAL plans to offer Globalstar's entire suite of current and next-generation advanced satellite voice and duplex-data solutions following the launch of the Globalstar second-generation constellation which is expected to begin next year. With the new gateway Globalstar and GWAL provide expanded continuous satellite coverage from Europe southward to most of Angola, west to the Atlantic coast maritime region and east to Sudan.

"We are very pleased to be working with our new Nigeria partner Globaltouch West Africa, as we launch coverage and once again broaden the market for our high quality Simplex data M2M enterprise solutions and our award-winning SPOT Satellite GPS Messenger products," said Marty Neilsen, Vice President, New Business Ventures, Globalstar, Inc. "We expect this oil-rich and heavily populated nation plus the surrounding region to be highly suited for our unique mix of enterprise and consumer mobile satellite solutions. The completion of this gateway is a testament to our partnership with Globaltouch and it also further demonstrates our international commitment to expand the geographic territory of where we market all of our high value products and services."

Engr. I.A. Mohammed, Managing Director of Globaltouch, further stated, "Globaltouch is excited to be bringing Globalstar's satellite services to Nigeria and the surrounding countries. We are proud and honored to have Globalstar, Inc., with its global experience, as a partner in this venture. Globaltouch will have at its disposal Globalstar's immense experience and reputation as a satellite service provider and this will be utilized to successfully deploy service in Nigeria."

The Simplex data applique installed at the new Nigeria gateway is used to provide Globalstar Simplex data services. Globalstar's Simplex offering is a low cost, one-way satellite data service that provides personal tracking and messaging solutions for commercial and recreational customers using products such as the SPOT Satellite GPS Messenger. Customers can also use Simplex data satellite modems and integrated back office management solutions to track mobile assets -- such as vehicles, trailers, cargo containers and maritime vessels, using GPS or other location-based software. Simplex data service can also be used for a wide variety of industrial and 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.

**paperchase** · #49 11-06-2009, 10:32 PM

Globalstar Announces Third Quarter Results for 2009
4:00p ET November 5, 2009 (GlobeNewswire)

Key Quarterly Highlights;
* Globalstar began to ship new smaller and lighter SPOT Satellite GPS
Messenger
* New Best Buy and Pep Boys distribution agreements expand SPOT points
of distribution to nearly 10,000
* Globalstar total subscriber base grew to over 382,000
* Globalstar began implementation of Simplex data network upgrades
designed to increase messaging capacity by 10X

MILPITAS, Calif., Nov. 5, 2009 (GLOBE NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses, governments and consumers, today announced its operational and financial results for the three and nine-month periods ended September 30, 2009.

Major Company Highlights:

* On July 1st Globalstar announced it had completed a $738 million
financing. The financing funds the deployment of the Company's
24 second-generation satellites. Globalstar now has the resources
needed to deploy a new constellation designed to last beyond 2025.

* Globalstar continued to exhibit significant growth in subscribers
for Simplex data and SPOT Satellite GPS Messenger(TM) during the
third quarter of 2009. The Company completed the period ended
September 30, 2009 with 382,313 subscribers, 52,925 more than it
had at September 30, 2008.

* As of September 30, 2009, Globalstar had received orders to ship
more than 167,000 units to the nearly 10,000 SPOT Satellite GPS
Messenger points of distribution in North America, Europe, Latin
America, Australia, New Zealand, and Southeast Asia. During the
quarter, SPOT Satellite GPS Messenger distribution agreements were
completed with Best Buy Co., Inc. and The Pep Boys retailers in
the United States

* On July 9 the Company announced that Peter Dalton had been
appointed as its Chief Executive Officer. Mr. Dalton has served
as a director of the Company since 2004, as Chair of the Audit
Committee and has served as chief executive officer of Dalton
Partners, Inc., a turnaround management firm, since January 1989.
As chief executive officer of Dalton Partners, Inc., Mr. Dalton
also has served as chief executive officer and director of a number
of its clients.

* Globalstar began to ship initial limited quantities of its new
enhanced SPOT Satellite GPS Messenger. The new SPOT device is
approximately 30 percent smaller and lighter than the original
award-winning product. Initial shipments of the new product began
in late September.

* Globalstar continued to demonstrate its commitment to growing its
consumer SPOT Satellite GPS Messenger and commercial Simplex data
M2M markets by commencing installation of Simplex 2.0 network
upgrades, supplied by Comtech Aero Astro. The software upgrades,
expected to be completed later this fall, are designed to enhance
the overall customer messaging capacity by 10X and increase the
data receiver sensitivity of the Globalstar Simplex data network.

* The Company's total revenue, net loss and net loss per share for
the three-month period ended September 30, 2009 were $17.5 million,
$5.5 million and $0.04 respectively, compared to $22.5 million,
$26.0 million and $0.31, respectively, for the same three months
of 2008. Globalstar's nine-month results, consolidated statements
of operations and other financial and operating information appear
later in this press release.

"With the financing completed, we can now focus our energies on the major operational milestones pertaining to the manufacture and launch of our second-generation satellite constellation," said Jay Monroe, Executive Chairman, Globalstar, Inc. "The deployment of our new satellite constellation, expected to begin in 2010, will pave the way for the immediate return of the high quality and reliability historically provided to Globalstar's voice and duplex data subscribers. It will also position us to be first to market with a second-generation satellite network and a host of advanced IP Multimedia Subsystem or IMS based mobile satellite."

"Throughout the quarter we continued to expand our Simplex data network messaging capacity and geographic coverage capabilities while we introduced enhanced new SPOT Satellite GPS Messenger products and services," said Peter Dalton, Chief Executive Officer, Globalstar, Inc. Mr. Dalton added, "Thanks to the innovation of Globalstar, we are in the enviable position of owning and operating a low-cost highly reliable global Simplex satellite data network capable of delivering affordable high utility consumer and enterprise solutions. We intend to fully take advantage of this by effectively identifying SPOT Satellite GPS Messenger consumer and enterprise opportunities and by working within each of the markets to deliver the required hardware and service solutions."

**greencat** · #50 11-22-2009, 09:45 PM

GSAT at resistance but a possible reversal to the upside. Got to start taking out some of these resistance areas.

GSAT Chart