COVINGTON, La., Jan. 19, 2017 (GLOBE NEWSWIRE) -- Globalstar, Inc. (NYSE MKT:GSAT) announced today that
the Company will present at a series of investor meetings hosted by J.P. Morgan, Morgan Stanley and Cantor Fitzgerald on
January 30 and 31 in New York. Jay Monroe, Chairman and CEO, Tim Taylor, Vice President, Finance, Business Operations and
Strategy and John Dooley, Managing Director, Jarvinian will be in attendance.
At this time, Globalstar will further discuss its U.S. terrestrial spectrum plans and process for international terrestrial
authorities as well as discuss infrastructure and user equipment ecosystem development.
Presentation material used for the meetings will be posted on the Company’s website in advance of these meetings. For more
information on Globalstar’s terrestrial spectrum authority, visit Globalstar.com/Spectrum.
About Globalstar, Inc.
Globalstar is a leading provider of mobile satellite voice and data services, leveraging the world’s newest mobile satellite
communications network. Customers around the world in industries like government, emergency management, marine, logging, oil & gas
and outdoor recreation rely on Globalstar to conduct business smarter and faster, maintain peace of mind and access emergency
personnel. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA
applications. The Company's products include mobile and fixed satellite telephones, the innovative Sat-Fi satellite hotspot,
Simplex and Duplex satellite data modems, tracking devices and flexible service packages. For more information, visit
www.globalstar.com.
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, visit www.globalstar.com.
Investor Contact Information:
Email: investorrelations@globalstar.com
Safe Harbor Language for Globalstar Press Releases
This press release contains certain statements 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 expectations with respect to actions by the FCC contained in this press release
regarding matters that are not historical facts, involve predictions. Any forward-looking statements made in this press release are
believed to be accurate 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.