Globalstar Europe Satellite Services Ltd. Signs Distribution Agreement With
Virtual Mobile Data (VMD) of Tunisia & Algeria
Globalstar & VMD Offer Voice and Data Satellite Services to North African
DUBLIN, Ireland, Oct. 18, 2012 (GLOBE NEWSWIRE) -- Globalstar Europe Satellite
Services Ltd., a wholly owned subsidiary of Globalstar, Inc. (Nasdaq:GSAT) and
a leading provider of mobile satellite voice and data services to businesses,
governments and consumers, today announced that it has signed an authorized
distribution agreement with Virtual Mobile Data (VMD). VMD will act as a
National Distributor for Globalstar's suite of duplex and SPOT products to the
defence, government, maritime, oil and gas, transportation, tourism and mining
sectors within the Tunisian and Algerian Mainland Territories via their
established Dealer channel.
"We are delighted to be working with VMD within the expansive, fast developing
markets of North Africa. They are uniquely positioned to offer our suite of
Duplex and SPOT products to the Government, B2B and B2C markets within that
region," said Mark O'Connell, Director European Sales & Business Operations,
Globalstar Europe Satellite Services Ltd.
On September 25^th 2012, Globalstar announced that it had eliminated roaming
charges between Independent Gateway Operator, Globalstar Avrasya of Turkey and
Globalstar Europe.Globalstar Europe Satellite Services gateway in Aussaguel,
France and Globalstar Avrasya's gateway located in Ankara, Turkey are now
provisioned to facilitate flat rate telecommunications throughout all of the
European sub-continent as well as Northern Africa, the Middle East, most of
the Mediterranean and the eastern Atlantic Ocean maritime region.
Globalstar is currently planning to launch six additional LEO (low-earth
orbit) satellites in early February 2013, completing its second-generation
satellite launches.The Globalstar second-generation satellite constellation
is designed to support the Company's current line-up of voice, Duplex and
Simplex M2M data products and services including its suite of SPOT retail
consumer products.The new satellites are designed to last for 15 years, twice
the lifespan of Globalstar's first-generation satellites.
"By signing this agreement, we are expanding our collaboration and partnership
with Globalstar, as well as strengthening our position as a leader in the
Northern African satellite telecommunications market. Thanks to the best
Duplex voice quality and fastest low band data speeds, we are now able to meet
our customer's key requests.We are confident that through this collaboration,
VMD will be the principal partner for individuals and businesses seeking
satellite communication in Northern Africa," said Yosri Ben Ismail, Operations
Manager with VMD.
"With the new Globalstar Duplex Phone Technology, businesses can expect better
risk control and higher levels of security and productivity while paying the
most economical satellite voice and data rates available in the market,"
continued Mr. Ismail.
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, flexible airtime service packages and the SPOT
family of mobile satellite consumer products including the SPOT Satellite GPS
Messenger™.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.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.
For more information regarding Globalstar, please visit www.globalstar.com
The Globalstar, Inc. logo is available at
VMD is a Globalstar Satellite Telecommunications Solutions Provider
specialising in the Government sector as well as the Defence, Maritime,
Transportation, Tourism, Oil & Gas and the Mining industries.
VMD is the first company in Northern Africa to offer a complete solution
covering Voice, Internet, Data tracking and M2M Solutions via Satellite. VMD
confirms and emphasizes its leadership in the region with an important network
of partners and resellers and active customers throughout North Africa and the
For more information regarding VMD, please visit www.vmdsolutions.net
Safe Harbor Language for Globalstar Releases:
This press release contains certain statements such as, "The Company expects
call connection rates in key markets to increase substantially in the
near-term as four new second-generation satellites are scheduled to be placed
into service over the next three months," 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 our ability to
develop and expand our business, our anticipated capital spending (including
for future satellite procurements and launches), our ability to manage costs,
our 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 our industry on us and our competitors, our
anticipated future revenues, our anticipated financial resources, our
expectations about the future operational performance of our satellites
(including their projected operational lives), the expected strength of and
growth prospects for our existing customers and the markets that we serve,
commercial acceptance of our new Simplex products, including our SPOT
satellite GPS messenger ^TM products, problems relating to the ground-based
facilities operated by us or by 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 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.
CONTACT: For further media information:
Globalstar Europe Satellite Services Ltd.
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