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

To: Solomon who wrote (12249)	5/6/2000 5:19:00 PM
From: Rocket Scientist	Read Replies (2) \| Respond to of 29986

With the addition of Stratos, the number of points of sale in the US alone grows from about 575 to over 830. globalstarusa.com Here is what Stratos has to say about the G* service: stratos.ca Stratos Introduces Globalstar Services (Washington, D.C., May 1, 2000) -- Stratos has just launched its new Globalstar service to customers in the United States. This exciting addition to the Stratos portfolio of remote and mobile satellite communications products and services is the latest in handheld satellite technology. "We have a very thorough understanding of the international mobile satellite marketplace and are extremely confident in our support for Globalstar's products and services with its superior voice quality and easy-to-use handheld phones," explains "D" D'Ambrosio, executive vice-president of Sales and Marketing at Stratos. "We feel now is the best time to convert Iridium customers over to Globalstar and capture new customers that may have been waiting due to the uncertainty surrounding Iridium. We're also taking this opportunity to introduce some exciting Iridium phone trade-in offers which Iridium customers can apply towards the purchase of a Globalstar phone." When asked if customers were likely to subscribe to Globalstar's products and services, due to the Iridium situation, "D" D'Ambrosio responded by saying, "The Iridium business model was flawed from the start due to unrealistic expectations as to the size of the handheld satellite phone market. We have always known that our markets are relatively small with very specific business applications for which they require remote communications. Customers that need communications, because no other terrestrial solutions are available, are anxious to use the latest mobile satellite services. Knowing this and being focused on those needs has enabled us to become a market leader within the satellite communications sector." For a limited time only, Stratos is offering a US$100.00 airtime credit towards the purchase of a Globalstar phone when customers trade-in their Kyocera Iridium phone and a US$200.00 airtime credit towards the purchase of a Globalstar phone when customers trade-in their Motorola Iridium phone. These offers are available from Stratosor Stratos authorized dealers. Globalstar satellite services include superior voice quality based on CDMA (Code Division Multiple Access) technology and data speeds of 9.6 kbps. An added benefit of the Globalstar phones, over the Iridium phones, is that all three communications modes (satellite, GSM and AMPS cellular) are built into one phone. Stratos is committed to providing the complete range of Globalstar products from QUALCOMM, and will evaluate the offerings of future vendors as they become available. Stratos is an international telecom service provider offering customers operating in remote locations with a variety of wireless IP, data, and voice solutions through a range of newly emerging and established technologies. Stratos serves an array of diverse markets including government, military, industrial, recreational and maritime users anywhere in the world. Further information is available at www.stratos.ca. Globalstar USA (GUSA), an indirect Vodafone AirTouch Plc. subsidiary, has exclusive rights to sell Globalstar satellite service in the United States and is responsible for building the satellite gateways, interconnecting with the public phone network, development and management of billing and customer care systems, sales, product distribution and marketing. For more information visit www.globalstarusa.com. Frankly I would pay a lot more attention to the words and actions of companies in the business of selling communications services like Strats than to Bloomberg's Amy Hellickson who has a track record of printing unsubstantiated rumors, self serving comments from shorts, and distorted summaries of management's remarks.