Covington, La., Dec. 12, 2012 (GLOBE NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT) today announced that it is sponsoring a FierceWireless-hosted webinar entitled "Globalstar's New Wi-Fi Super Highway" on January 22, 2013 at 11:00 EST with technology research organization Jarvinian.
The webinar will discuss Globalstar's proposal to use its mobile satellite spectrum for a near-term terrestrial low power service (TLPS) offering, which would help alleviate the increasing congestion that is impeding existing 802.11 ISM (Wi-Fi) channels. The Company will address the technical aspects of the proposed TLPS deployment, expected consumer benefits, business opportunities and the outlook for near-term relief from the FCC.
To learn more about and register for this webinar, please click on the following link.
|Webinar Title:||Globalstar's New "Wi-Fi" Super Highway.|
|Date and Time:||January 22, 2013 11:00 a.m. EST (8:00 a.m. PST) Duration will be one hour|
|Presenters:||L. Barbee Ponder, General Counsel & VP Regulatory Affairs, Globalstar Inc.|
|John Dooley, Managing Director, Jarvinian|
John Dooley - Managing Director for Jarvinian
Jarvinian is a wireless venture fund focused on emerging technological solutions to the problem of RF spectrum scarcity. At Jarvinian, John has created the industry's first investment program aimed exclusively at innovations that increase spectral efficiency. In support of Jarvinian's mission, John has developed new and proprietary techniques for surveying and visualizing the RF spectrum that are now becoming central to the evaluation of new frequency allocations.
John is also the founder of Nanoton, a producer of advanced filtration products for next-generation mobile broadband networks. In his work at Nanoton, John has led the invention of radical new RF conductive nano composite materials and resonant structures. Reflecting several pioneer patents, John's innovations will permit next-generation wireless networks to maintain quality of service while significantly increasing their effective throughput potential.
L. Barbee Ponder - General Counsel and Vice President of Regulatory Affairs for Globalstar, Inc.
Mr. Ponder's responsibilities include all legal and regulatory matters of Globalstar, including the proceedings pending before the Federal Communications Commission.
About Globalstar, Inc.
Globalstar is a leading 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
The Globalstar, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8183
Jarvinian is a research and investment organization, which is exclusively focused on technologies that address the wireless spectrum crisis. Founded in response to a call by the Federal Communications Commission for fundamental innovation in spectrum utilization, Jarvinian seeks to meaningfully accelerate the development of mobile capacity enabling technology. Further details on Jarvinian may be found at www.jarvinian.com.
Safe Harbor Language for Globalstar Releases
This press release contains statements such as, "Company's TLPS proposal could substantially relieve congestion on existing Wi-Fi networks in the United States," that may be considered to be "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 the Company's ability to develop and expand its business, its anticipated capital spending (including for future satellite procurements and launches), its ability to manage costs, its ability to exploit and respond to technological innovation, the effects of laws and regulations (including tax laws and regulations) and legal and regulatory changes, the opportunities for strategic business combinations and the effects of consolidation in its industry on the Company and its competitors, its anticipated future revenues, its anticipated financial resources, its expectations about the future launches and operational performance of its satellites (including their projected operational lives), the expected strength of and growth prospects for the Company's existing customers and the markets that it serve, commercial acceptance of its new Simplex products, including its SPOT satellite GPS messenger TM products, problems relating to the ground-based facilities operated by the Company or its independent gateway operators, worldwide economic, geopolitical and business conditions and risks associated with doing business on a global basis and other statements contained in this release regarding matters that are not historical facts, involve predictions.
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 Globalstar undertakes no obligation to update any such statements. Additional information on factors that could influence the Company's financial results is included in its filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
CONTACT: For further media information: Globalstar, Inc. Dean Hirasawa (985) 335-1505 firstname.lastname@example.org