MILPITAS, Calif., April 21, 2009 (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 that leading Simplex data integrator Axonn LLC has launched SMARTONE, the Satellite Managed Asset Ready Tracker. SMARTONE is Axonn's newest global asset tracking solution that utilizes the highly reliable Globalstar Simplex data network and enables customers to track the location of their mobile assets virtually anywhere.
The SMARTONE device transmits real-time GPS location, alarm inputs and engine run-time data over the Globalstar constellation of low earth-orbiting (LEO) satellites. The small size (6.5" x 3.25" x 1") and design allows it to be easily installed and field managed without the need for harnesses, antennas, or external power. The device is powered by AA size lithium batteries providing up to three years of battery life. Axonn's current asset management products are used on a variety of mobile assets such as cargo containers, trailers and railcars, construction and service vehicles as well as fixed assets like field equipment, generators, pipelines, and propane and fuel storage tanks.
"We are very pleased to announce the addition of the SMARTONE product to the suite of asset tracking solutions that utilize the Globalstar Simplex network and we look forward to working with Axonn and other integrators in the future as we prepare to launch our next-generation of enhanced satellite data services," said Tom Colby, Chief Operating Officer of Globalstar, Inc. Mr. Colby added, "With our Simplex data performance exceeding 98 percent messaging reliability and the continued expansion of our global Simplex coverage, Globalstar anticipates launching new and innovative Simplex data products and integrated solutions later this year and into 2010 in conjunction with the deployment of our second-generation satellite constellation."
"There was a pent up market demand for a sub $200 satellite asset management device that operates on 'off-the-shelf' batteries capable of providing years of service," said Dave Biggs, CEO of Axonn LLC. Mr. Biggs added, "We've met that need with the SMARTONE at a price point that makes it economically feasible for customers to invest in a device to manage their high value assets as well as their previously overlooked lower value assets."
The Globalstar Simplex data offering is a low cost, one-way satellite data service that permits customers to use satellite modems and integrated back office management solutions to track mobile assets, such as vehicles, trailers, cargo containers and maritime vessels, using GPS or other location-based technologies. The Simplex data network also provides a platform for personal tracking and messaging solutions for commercial and recreational customers using products such as the SPOT Satellite GPS Messenger(tm). Simplex data service can be used for a wide variety of industrial and security applications to monitor and send information from fixed assets, such as environmental measuring instruments, utility meters, or report the state of various mobile sensor devices and their locations.
For more information regarding the SMARTONE product please contact Globalstar - Bob Bennett at (408) 933-4441 or via email at bob.bennett@globalstar.com or Axonn - Chad Holsinger at (985) 893-1048 x307 or via email at chadh@axonn.com.
About Globalstar, Inc.
With over 325,000 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
Safe Harbor Language for Globalstar Releases
This press release contains certain statements such as, "Globalstar anticipates launching new and innovative Simplex data products and integrated solutions later this year and into 2010 in conjunction with the deployment of our second-generation satellite constellation," 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 our control, including demand for our products and services, including commercial acceptance of our new Simplex products, including SPOT Satellite Messenger, and the ability to retain and migrate our two-way communications services subscribers to our second-generation constellation when it is deployed; problems relating to the construction, launch or in-orbit performance of our existing and future satellites; including the effects of the degrading ability of our first-generation satellite constellation to support two-way communication; problems relating to the ground-based facilities operated by us or by independent gateway operators; our ability to attract sufficient additional funding to meet our future capital requirements including deployment of our second-generation constellation; 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; our 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 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.