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globenewswire

Globalstar Announces Investment Community Event

Executive Chairman Jay Monroe to Speak At Annual Meeting of Stockholders On Sept 23, 2009

  • Press Release
  • Source: Globalstar, Inc.
  • On 4:00 pm EDT, Tuesday September 22, 2009

MILPITAS, Calif., Sept. 22, 2009 (GLOBE NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT - News), a leading provider of mobile satellite voice and data services to businesses, governments and individuals, today announced an upcoming investment community event.

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Chart for Globalstar, Inc.
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On September 23, 2009 at approximately 10:00 a.m. Pacific Time, Executive Chairman Jay Monroe is scheduled to present at the 2009 Globalstar, Inc. Annual Meeting in Milpitas, CA.

Both the conference presentation and presentation script will be posted on the Globalstar corporate website on the day of the event.

About Globalstar, Inc.

With over 350,000 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

Contact:

Globalstar, Inc.
Dean Hirasawa
(408) 933-4006
Dean.hirasawa@globalstar.com

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