Globalstar to Host Conference Call to Address Kerrisdale Capital Presentation

COVINGTON, La., Oct. 7, 2014 (GLOBE NEWSWIRE) -- Globalstar, Inc. (NYSE MKT:GSAT) today announced that the Company's management team will host a public conference call to address the matters raised during Monday's Kerrisdale Capital presentation.

The conference call will take place on Thursday, October 9, 2014 at 4:30 p.m. EDT. The call will include prepared remarks followed by a question and answer session.

Details are as follows:
Conference Call: 4:30 p.m. EDT
Investors and the media are encouraged to listen to the call through the Investor Relations section of the Company's website at If you would like to participate in the live question and answer session following the Company's conference call, please dial 866-510-0707 (US and Canada), 617-597-5376 (International) and use the participant pass code 75944922.
Audio Replay: A replay of the call will be available for a limited time and can be accessed after 7:30 p.m. EDT on October 9, 2014. Dial: 888-286-8010 (US and Canada), 617-801-6888 (International) and pass code 83995346.

About Globalstar, Inc.

Globalstar is a leading provider of mobile satellite voice and data services. Globalstar offers these services to government, 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. Globalstar 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.

CONTACT: Investors: Email: Phone: (985) 335-1538 Media: Joele Frank, Wilkinson Brimmer Katcher Kelly Sullivan or Jim Golden Phone: (212) 355-4449

Source:Globalstar, Inc.