This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Globalstar Value Added Manufacturer Lasso Technologies Introduces Revolutionary M2M Satellite Interface

COVINGTON, La., Sept. 6, 2012 (GLOBE NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT), today announced that Globalstar Value Added Manufacturer Lasso Technologies, LLC (Lasso), has introduced an innovative satellite interface which allows easy and affordable access to the Globalstar satellite network for remote M2M monitoring applications. The new Lasso interface provides Globalstar SmartOne Simplex Device connectivity to a variety of external sensors and devices supporting Analog (Voltage and Current), Frequency, Event Counters, RS-232, SCI, I2C, ODB2 and J1939 inputs.

"Lasso's revolutionary new interface expands Globalstar's reach into the M2M marketplace by simplifying field sensor and device integration for their remote SCADA applications," said Jake Rembert, Senior Director of U.S. Sales and Marketing for Globalstar, Inc. "Until now, customers and Value Added Resellers were unable to take full advantage of Globalstar's SmartOne modem's capabilities without spending time and resources to customize their products to one of our Simplex data standards. The immediate expected benefits include speed to market in addition to reducing integration time and effort to transmit sensor data from virtually anywhere around the world using the Globalstar satellite network."

Dudley Volcansek, Vice President of Sales for Lasso Technologies LLC said, "We are very excited about the synergy we have created between the Globalstar VAR network and Lasso Technologies.  "We expect the new Lasso Technologies interface will dramatically increase the VARs' ability to bring additional solutions to their customers."  

The capability to acquire data from remotely located sensors and transmit that information through the Globalstar network, gives enterprise customers the ability to make decisions based upon real time actionable information.  From remote locations around the world, clients can now receive real-time sensor delivered information about tank levels, fluid flow volumes, environmental data, machine equipment, asset status, engine run time and other vital information. 

For more sales information regarding Globalstar's Simplex data network and satellite M2M data solutions in the United States, please contact Diego Mejia at In Canada, please contact Martin Jefferson at .

For more information regarding Lasso and its new interface solution, please contact Dudley Volcansek, VP of Sales for Lasso Technologies, LLC at  

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. 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%
YHOO $27.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs