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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: I. Luttichuys who wrote (7608)	9/28/1999 11:02:00 AM
From: brian h	Read Replies (1) \| Respond to of 29987

Lutt* and all, More air. Tuesday September 28, 9:24 am Eastern Time Company Press Release Globe Wireless Joins Globalstar to Serve the Maritime Communications Market SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 28, 1999--Globalstar, the worldwide mobile satellite telephone service, has greatly expanded its marketing reach to the maritime industry by appointing Globe Wireless as a franchise service provider. Globe Wireless, Inc. of Foster City, California, owns and operates a worldwide wireless network used to move messages and data to and from ships around the world. Under the new franchise agreement, Globe Wireless will now also offer Globalstar voice and data services to the commercial maritime market through its 141 sales, service and support facilities located in 44 countries. Under the new franchise agreement, Globe Wireless customers who subscribe to Globalstar service will be able to make and receive telephone calls from all maritime areas covered by the Globalstar gateway network. Globe Wireless will, in effect, serve as another Globalstar service provider, providing customer support and invoicing customers directly. At any time there are over 2.4 million people on over 100,000 sea-going vessels in various parts of the world. These travelers will benefit tremendously from the introduction of Globalstar voice and data services at sea for both business and personal use. These services will also be available far more economically and reliably than any existing maritime telephony system. Globe Wireless will be uniquely positioned to offer Globalstar service to its extensive current customer base as well as to new customers. In commenting on the new franchise agreement, Bill Thatcher, vice president of market development for Globalstar said, ''We are extremely pleased to have a leading, full-service maritime communications company such as Globe Wireless on board. We envision that it will serve well as our premier service provider to the maritime markets. The program we will be launching with Globe Wireless positions Globalstar to market products and services designed specifically for the needs of seagoing users.'' ''We are extremely pleased to join forces with Globalstar in this strategic relationship,'' said Samir Tuma, vice president of marketing at Globe Wireless. ''The addition of Globalstar enhances Globe Wireless' offering to the marine market. The cost of e-mail and data traffic for our customers will significantly decrease, and we will have an effective voice offering at a very attractive price to mariners.'' Globe Wireless, a provider of communications to seagoing vessels since 1910, is dedicated to serving the maritime industry with a growing number of communications solutions. The company currently offers the Globe Communications Center for sending and receiving all types of written communications, the GlobeEmail electronic messaging system, GlobeTransfer for automatically moving data files to and from shore, special accounts for Crew messaging, and the GlobeOffshore workboat management system. For more information, please visit the company's website at globewireless.com. The Globalstar system is designed to provide affordable satellite-based digital voice services to a broad range of subscribers and users. Globalstar will meet the needs of cellular users and global travelers who roam outside of cellular coverage areas, as well as residents of under-served markets who will use Globalstar's fixed-site phones to satisfy their needs for basic telephony. Brian H.