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Globalstar to Host Conference Call to Discuss FCC Report and Order

COVINGTON, La., Dec. 27, 2016 (GLOBE NEWSWIRE) -- Globalstar, Inc. (NYSE MKT:GSAT) will host a conference call on Friday, January 6 at 8:30 a.m. EST to discuss the recent adoption of the Report and Order by the Federal Communications Commission. Participants will include Jay Monroe, Chairman and CEO, Barbee Ponder, General Counsel and VP of Regulatory Affairs, Tim Taylor, VP of Finance, Business Operations & Strategy and John Dooley, Managing Director at Jarvinian Ventures.

The Company will present prepared remarks followed by a Q&A session. Investors and the media are encouraged to listen to the call through the Investor Relations section of the Company’s website at www.globalstar.com/investors.

To participate in the live question and answer session, please dial 1 (847) 585-4405 (US and Canada), 1 (888) 771-4371 (International) and use the participant pass code 44077173.

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.

Source:Globalstar, Inc.