COVINGTON, La., Sept. 27, 2012 (GLOBE NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT) today announced that Frank J. Bell II has been appointed President of Global Sales and Marketing for the Company effective October 1, 2012. Mr. Bell will be responsible for Globalstar's sales and marketing operations, worldwide customer care, international gateway operator (IGO) partners and for all aspects of the Company's worldwide revenue growth. "With his proven and stellar industry track record, I am very pleased to welcome Frank Bell and his decades of wireless industry expertise to Globalstar," said Jay Monroe, Chairman and CEO of Globalstar, Inc. "As we complete the deployment of our new constellation and prepare to once again offer the world's highest quality mobile satellite voice and data services, the Globalstar Board of Directors identified this position as crucial for us to achieve our strategic growth goals. Throughout his career, Frank has achieved record sales success while maintaining some of the lowest churn and highest levels of customer and employee satisfaction in the wireless industry. "Frank's extensive retail and consumer brand development experience will serve Globalstar well as we continue investing in, promoting and expanding the scope of our SPOT consumer brand. His international contacts and experience also augment his US wireless career. Given his proven ability to bring projects and new revenue in, on time and under budget, Frank is the ideal choice to lead our global sales, marketing, IGO and customer care operations." Mr. Bell has over 25 years of sales and strategic management experience with a number of wireless industry companies. He served as General Manager at MetroPCS for four years and prior to that was Area Vice President for Sprint. Most recently he served as the President and COO of PR Wireless, a wireless provider in Puerto Rico and President of Wireless Consulting Services, Inc. He has a Bachelor of Science in Business Administration from Old Dominion University and a Masters Degree in Human Resources Management from Pepperdine University.
About Globalstar, Inc.Globalstar is a leading provider of mobile satellite voice and data services. Globalstar offers these services to commercial customers and recreational consumers in more than 120 countries around the world. The Company's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems, the SPOT Satellite GPS Messenger 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. 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 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 Safe Harbor Language for Globalstar Releases This press release may contains certain "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 Dean.firstname.lastname@example.org