Globalstar Signs Hardware Agreement to Expand Satellite Simplex Data Coverage
MILPITAS, CA - Globalstar, Inc. (NASDAQ:GSAT), a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, today announced that it has signed an agreement with Radyne Corporation business unit AeroAstro, to purchase AeroAstro’s SENS (Sensor Enabled Notification System) Appliqués that will be used to further expand Globalstar’s Simplex data geographic coverage and grow its Simplex data customer capacity in Asia and Latin America.
According to the agreement, AeroAstro will provide Globalstar with the asset tracking satellite downlink decoder racks, spares kits, and the necessary software upgrades needed to enhance the capability of those Globalstar satellite gateway ground stations not currently providing Simplex data coverage. Deliveries of the hardware and software upgrades are scheduled to begin later this year.
Globalstar’s highly reliable Simplex data network is used to support a variety of aviation flight-following, emergency asset, fleet and personal tracking applications. Simplex data modem integrated solutions are also used for a number of remote monitoring and alarm applications, both within and beyond the reach of traditional wireless and terrestrial infrastructure. Information such as GPS location co-ordinates, remote status and other sensor information can be reliably sent to customers using the Globalstar Simplex network. “We are very pleased to once again be working with AeroAstro for their equipment has historically provided Globalstar with the ability to provide our customers with an extremely reliable way of transmitting information over the Globalstar satellite network,” said Jay Monroe, Chairman and CEO of Globalstar, Inc. Mr. Monroe added, “This investment further demonstrates our continued commitment to expand our data capabilities and coverage in order to support all of Globalstar’s Simplex data integrated and reseller solutions as well as those of our subsidiary company SPOT Inc.”
The SENS Appliqué, an AeroAstro proprietary digital signal processing infrastructure component installed at key Globalstar ground stations, receives and decodes asset tracking, location and data monitoring information from remote Simplex integrated modems solutions via the Globalstar satellite network. The received information can then be processed and distributed to users via the Internet. Globalstar’s constellation of 40 operational satellites is completely stable in supporting Globalstar Simplex data satellite products and asset tracking services. Recent monitoring tests indicate that within the primary coverage area, the Globalstar Simplex data network is currently operating at a successful transmission rate of greater than 99 percent.
For additional sales information concerning Globalstar’s Simplex data services, please contact Bob Bennett at (408) 933-4441 or via email at bob.bennett@globalstar.com
About Globalstar, Inc.
With over 275,000 activated satellite voice and data units, Globalstar offers satellite services to commercial and recreational users in more than 120 countries around the world. The Company's voice and data 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 tracking, data monitoring and SCADA applications.
For more information regarding Globalstar, please visit Globalstar's web site at www.globalstar.com.
About Radyne Corporation
Radyne Corporation designs, manufactures, sells, integrates and installs products, systems and software used for the transmission and reception of data and video over satellite, troposcatter, microwave and cable communication networks. The Company sells under four brands:
• Radyne builds satellite modems, converters and switches,
• Xicom Technology produces high power amplifiers,
• AeroAstro is a leader in microsatellite systems, components, and advanced communications technologies,
• Tiernan supplies HDTV and SDTV encoding and transmission equipment.
Radyne is headquartered in Phoenix, Arizona, with additional offices in Santa Clara and San Diego, California, Ashburn, Virginia and Littleton, Colorado. In addition, the Company has sales offices in Singapore, Beijing, Jakarta and the United Kingdom. For more information, visit our web site at www.radn.com.
Safe Harbor Language for Globalstar Releases
This press release contains certain statements such as, “Deliveries of the hardware and software upgrades are scheduled to begin later this year,” that are “forward-looking statements” 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 Globalstar’s control, including demand for the Company’s products and services; problems relating to the construction, launch or in-orbit performance of its existing and future satellites, problems relating to the ground-based facilities operated by it or by independent gateway operators; its ability to attract sufficient additional funding if needed to meet its future capital requirements; 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; its 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 the Company undertakes no obligation to update any such statements. Additional information on factors that could influence Globalstar’s financial results is included in its filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
