Globalstar Announces Investment Community Event

CEO Jay Monroe to Speak At World Satellite Business Week Conference in Paris on Sept. 11, 2008


MILPITAS, Calif., Sept. 9, 2008 (GLOBE NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT), the world's largest provider of mobile satellite voice and data services to businesses, governments and individuals, today announced an upcoming investment community event.

On September 11, 2008 at 9:00 a.m. local time, Chairman and Chief Executive Officer Jay Monroe is scheduled to present at the 2008 World Satellite Business Week Conference in Paris, France.

The conference presentation will be posted on the Globalstar corporate website on the day of the event.

About Globalstar, Inc.

With over 300,000 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



            

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