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

To: djane who wrote (8094)	10/28/1999 1:35:00 PM
From: Jeff Vayda	Respond to of 29987

djane: ...and we would invite investors to join us on November 10, 1999 for a dinner with Chairman and CEO Bernard Schwartz for an update. I'm in, where do I sign up? Can I get a look at the menu? Jeff Vayda

To: djane who wrote (8094)	10/28/1999 9:53:00 PM
From: djane	Read Replies (1) \| Respond to of 29987

Major Corporations Look To Rent Express Communications And Iridium North America To Support Their Y2k Contingency Planning Canadian Corporate News - October 28, 1999 13:59 Jump to first matched term TEMPE, ARIZONA/ TORONTO, ONTARIO-- Multinational Corporations Implement Y2K Telecommunications Solution Rent Express Communications Inc., a leading North American provider of short-term wireless telecommunications solutions, today announced its Y2K Satellite phone rental program in conjunction with Iridium North America. The program, targeted specifically to multinational organizations, will ensure their keyexecutives and information technology people worldwide are easily reachable during this critical period. "It's all about piece-of-mind during this crucial time for information technology departments responsible for mission critical functions and applications. Computers are so integral inbusiness today that any potential problems must be remedied immediately," said George DeMarchi, President, Rent Express Communications. "Over the past month we've been inundated with information requests and reservations - in one case for 80 units -illustrating the Iridium solution is seen by telecom managers as an effective last-line of defense against Y2K issues." The Iridium System provides communications via bypassing traditional telecommunications options in the event of a disaster that may render landlines or traditional wireless networks inoperable or incapable of providing reliable communication. A terrestrial or normal wireless call requires countless points of contact to ensure connection. Any failure at one of these points could prohibit a traditional wireless call from occurring. Alternatively, by using the Iridium System, a call follows a shorter path to reach its destination. A satellite handset to satellite handset call over the Iridium System touches only the handsets, the gateways and the satellites. These points of contact were designed during the last 10 years to work in conjunction with each other and have substantially similar components creating redundancy in the system. "Iridium offers the world's global businesses the most compelling contingency communications solution today, and we are especially pleased to offer a comprehensive telecommunications plan to Rent Express' customers," said Jim Walz, President and Chief Executive Officer, Iridium North America. "Reliable communication isn't an option, it's essential." Rent Express offers special Iridium Y2K packages to its customers. Under this special program, businesses can rent Iridium satellite handsets to coincide with the turn of the millennium, for as little as US $495 per month, based on a ninety day commitment or $895 for a 30-day term. Airtime, applicable taxes and optional insurance are extra. Billing options provide users of Iridium's service with an itemized bill, detailing the number dialed as well as the date, time and duration of each call. "Demand for Iridium Y2K solutions is far exceeding typical run rates for this product line and as a result, we have had to sourceadditional equipment to meet demand," concluded DeMarchi. About Rent Express Established in 1991, Rent Express, (www.rentexpress.com) provides a comprehensive portfolio of short-term global wireless products and services. The company supplies solutions to end-users, as wellas customized international outsourcing programs and special eventwireless telecommunications services to wireless carriers throughout North America and around the world About Iridium Iridium North America is the sole owner and operator for Iridium services in North America. Iridium North America is actively selling services through integrated wireless service providers anddistribution partners providing customers the ability for unique service that permits any type of voice telephone transmission and text page to reach its destination virtually anywhere on Earth, atany time. Iridium North America is headquartered in Tempe, Arizonaand serves the United States, Bermuda, Guam and Puerto Rico. Iridium North America is backed by telecommunications leaders Motorola, Inc., Sprint Corporation and Bell Canada, Inc. For additional information regarding the Iridium System, please visit the website at www.iridium.com or call 1-888-IRIDIUM. FOR FURTHER INFORMATION PLEASE CONTACT: Sacke & Associates For Rent Express Communications Inc. John Sacke 416.271.4790 jksacke@idirect.com or Burson Marsteller For Iridium North America Jack Newton 310.226.3044 jack_newton@bm.com INDUSTRY: CMT SUBJECT: NWS -0- %CMT %NWS V%CCN P%CCN