October 23, 2007
Globalstar Announces Debut of Smallest and Lightest Satellite Simplex Data Tracking Tag
MILPITAS, Calif., Oct. 23, 2007 (PRIME NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, today announced that leading Globalstar simplex data integrator Orbit One, A Numerex Company, has launched a new satellite tracking tag known as the SX1. The SX1 is designed to communicate via the highly reliable Globalstar satellite Simplex data network and is part of Orbit One's Total Asset Visibility solution. The satellite-based SX1 is part of a complete, turn-key global tracking and monitoring solution that is packaged with hardware, and network services that provides both alert monitoring and GPS-based asset tracking information to customers without the need for cellular networks, external power, or close proximity to an RFID reader.
Measuring approximately 7.25"x 3.25"x 1" (184x83x25mm) and weighing only 13 ounces (369g), the new SX1 is the smallest and lightest Globalstar Simplex data modem. The SX1 is designed to be affordable and ideal for global supply chain asset management, fleet tracking and data monitoring applications. The inexpensive SX1 can be attached in seconds to high value assets such as intermodal shipping containers, trailers, buoys, barges, mobile generators, etc., by use of several "peel and stick" mounting options and transmit their GPS location over satellite.
"This announcement combined with Orbit One's purchase of over 30,000 Simplex transmitter units used for integration into the SX1 solution and other solutions, demonstrates their continued commitment as a talented leader, to design, integrate, manufacture and deliver innovative, affordable and highly reliable simplex data solutions," said Jay Monroe, Chairman and CEO of Globalstar, Inc. "We are also extremely excited to be working with Orbit One's new parent company, Numerex Corp. We consider the entry of Numerex into the Simplex satellite data market to be one of significance. We look forward to working with such a recognized leader in providing M2M wireless network communications and together we will continue to grow the asset tracking and business-to-business applications market."
Earlier this year, Numerex Corp. announced that it had acquired the assets of Orbit One Communications, Inc. Numerex will continue the Orbit One business through its wholly owned subsidiary, Orbit One Communications, LLC.
Mr. Monroe added, "The Globalstar Simplex data network provides integrators such as Orbit One with the ability to offer stable and highly reliable satellite tracking as well as data monitoring solutions to their customers. Continuous monitoring of the Globalstar Simplex network indicates that our primary coverage transmission success rate is greater than 99 percent and we expect to be able to offer this type of reliability through the launch of our second-generation satellite constellation. And because current Simplex data products are designed to work with our second-generation satellite constellation, we expect they will provide years of high quality, reliable service."
Orbit One customers include a wide variety of government, military, and commercial clients that require the ability to manage assets globally. Data such as location coordinates, remote status, alarm and other sensor information can be sent from locations both within and beyond the reach of traditional wireless and terrestrial infrastructure.
"We've worked very hard and have had overwhelming success in developing the world's smallest, reusable or disposable satellite tracking solution for our military and commercial clients that have global tracking requirements," stated Gary Naden, Vice President of Engineering for Orbit One. "Global supply chain managers have true in-transit visibility of their mobile assets, allowing management of mobile asset inventory on a continent by continent basis. We think of it as 'Global-RFID'."
The SX1 is certified to exceed MIL STD 810, IP68+ and NEMA 6P+ ratings, making it an ideal wireless data solution for a variety of extreme environmental conditions. The modem is powered by a field replaceable battery capable of providing up to seven years of uninterrupted service. The SX1 is available with up to a three-year warranty.
For more information regarding the SX1 modem please contact Orbit One -- Scott Rosenzweig, VP Business Development at (406) 922-3333 or email [email protected] OR Globalstar -- Bob Bennett at (408) 933-4441 or via email at [email protected] at Globalstar.
About Globalstar, Inc.
With over 275,000 activated satellite voice and data units, Globalstar offers satellite services to commercial and recreational users in more than 120 countries around the world. The Company's voice and data 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 tracking, data monitoring and SCADA applications.
For more information regarding Globalstar, please visit Globalstar's web site at www.globalstar.com
About Orbit One
Orbit One Communications is a proven leader in global asset tracking and supply chain management technology, specializing in providing customized satellite-based tracking, supply chain, and M2M solutions for commercial, government, and military applications with a specific focus on multi-year, battery-operated, global tracking solutions. Orbit One provides business value and ROI by enabling users to track and manage supply chain assets on a global basis. Founded in 2000, Orbit One was recently acquired by and is now a Division of Numerex Corp., an industry leader in wireless M2M applications. For additional information, visit www.orbit-one.com
Please visit Orbit One and Numerex in booth #1525 at CTIA Wireless IT, October 23-25, 2007
"Statements contained in this press release concerning Numerex that are not historical fact are "forward-looking" statements and involve important risks and uncertainties. Such risks and uncertainties, which are detailed in Numerex's filings with the Securities and Exchange Commission, could cause Numerex's results to differ materially from current expectations as expressed in this press release."
Numerex Corp. (Nasdaq:NMRX) is a leading single source provider of solutions and network services for machine-to-machine (M2M) applications. Numerex's platforms for asset tracking, intelligent monitoring and security include a portfolio of monitoring devices and technologies, on-demand cellular and satellite networks, and a full suite of back-office support services. Numerex enables customers to bring M2M solutions to market faster and with greater flexibility. The company is headquartered in Atlanta, Georgia. For additional information, visit www.nmrx.com
For further media information: Globalstar, Inc. Dean Hirasawa (408) 933-4006 [email protected]
Safe Harbor Language for Globalstar Releases
This press release contains certain statements such as, "because our Simplex data products are designed to work with our second-generation satellite constellation, we expect they will provide years of high quality reliable service," 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 Globalstar's control, including demand for the Company's products and services; problems relating to the construction, launch or in-orbit performance of its existing and future satellites, problems relating to the ground-based facilities operated by it or by independent gateway operators; its ability to attract sufficient additional funding if needed to meet its future capital requirements; 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; its 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 the Company undertakes no obligation to update any such statements. Additional information on factors that could influence Globalstar'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.
This news release was distributed by PrimeNewswire, www.primenewswire.com
CONTACT: Globalstar, Inc. Media contact: Dean Hirasawa (408) 933-4006 [email protected]