DGAP-News: Globalstar Europe Satellite Services Ltd. Provides Norwegian Government&Farmers With Tracking Capability for Thousands of Livestock
(firmenpresse) - Globalstar, Inc.
11.10.2012 10:00
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Tracking Collar Proves Essential to the Health and Wellbeing of Norwegian Sheep
Herds
DUBLIN, Ireland, 2012-10-11 10:00 CEST (GLOBE NEWSWIRE) --
Globalstar Europe Satellite Services Ltd., a wholly owned subsidiary of
Globalstar, Inc. (Nasdaq:GSAT) and a leading provider of mobile satellite voice
and data services to businesses, governments and consumers, today announced
that in conjunction with Findmysheep AS, a leading European Value Added
Re-seller (VAR), it is providing a tracking solution to the Norwegian
Government on over 2,000 sheep. Using the Globalstar STXII satellite
transmitter, Findmysheep AS have developed a specially enhanced collar which
can be placed on the sheep and used for tracking the animals as they roam the
countryside.
With several hundred sheep going missing each year, the Norwegian government
has part-funded an initiative to track farmers livestock so they can understand
what is driving the disappearances and eliminate any foul play. This funding
has enabled Findmysheep AS to develop not only this highly adaptive collar, but
a back-office which enables the farmer to visualise the whereabouts of the
animals at any given time. When it is apparent that a sheep has not moved in
some time, the farmer is now able to deploy herders to the exact location of
the animal, saving valuable time and resources. The collar and supportive
software has been successfully tested for the last 6 months on over 2,000
sheep. Full deployment will now begin across Norway, with an estimated 6,000
animals being tracked in the not too distant future.
'We are delighted Findmysheep AS chose Globalstar and our STXII chip-set for
this initial trial and are very much looking forward to facilitating the
roll-out of this solution throughout Norway and further afield', said Mark
O'Connell, Director European Sales&Business Operations.
Globalstar is currently planning to launch six additional LEO (low-earth orbit)
satellites in early February 2013, completing its second-generation satellite
launches. The Globalstar second-generation satellite constellation is designed
to support the Company's current line-up of voice, Duplex and Simplex M2M data
products and services including its suite of SPOT retail consumer products.
The new satellites are designed to last for 15 years, twice the lifespan of
Globalstar's first-generation satellites.
'Using Globalstar's unique technology and innovative attitude, Findmysheep AS
have managed to develop a LEO based sheeptracker, which has proven to be highly
valuable with Norwegian Farmers. We are now very excited to offer this product
to the worldwide market in 2013. So far, the demand for this product in Norway
has been exceptional, with excellent feedback and continued interest. We look
forward to continued success alongside our partner Globalstar in the years to
come' said Halvor Mjoeen, Findmysheep AS.
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,flexible airtime service packages and the SPOT family of mobile
satellite consumer products including the SPOT Satellite GPS Messenger(tm). 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. 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 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
For further media information:
Globalstar Europe Satellite Services Ltd.
Gavan Murphy
Gavan.Murphy(at)Globalstar.com
Findmysheep AS
Halvor Mjoeen
halvor(at)visbook.no
Safe Harbor Language for Globalstar Releases:
This press release contains certain statements such as, 'Globalstar is
currently planning to launch six additional LEO (low-earth orbit) satellites in
early February 2013, completing its second-generation satellite launches,' 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 ability to develop and expand our business, our anticipated
capital spending (including for future satellite procurements and launches),
our ability to manage costs, our 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 our
industry on us and our competitors, our anticipated future revenues, our
anticipated financial resources, our expectations about the future operational
performance of our satellites (including their projected operational lives),
the expected strength of and growth prospects for our existing customers and
the markets that we serve, commercial acceptance of our new Simplex products,
including our SPOT satellite GPS messenger TM products, problems relating to
the ground-based facilities operated by us or by 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 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.
News Source: NASDAQ OMX
11.10.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Globalstar, Inc.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US3789734080
WKN:
End of Announcement DGAP News-Service
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Datum: 11.10.2012 - 10:00 Uhr
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News-ID 191463
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