 6.08.07 Globalstar Announces Successful Launch of 4 New Satellites Globalstar, Inc. announced that four Globalstar satellites were successfully launched from the Baikonur Cosmodrome in Kazakhstan on Wednesday, 30 May at 2:31 am local time (20:31 UTC and 1:31 pm May 29 in California) using the Soyuz-Fregat version of the Soyuz launch vehicle. These satellites, together with the additional four ground spare satellites due to be launched shortly, will augment the current operating constellation and improve the Globalstar quality of two-way voice and data service through the launch of the second-generation satellite constellation. While Globalstar is continuing to perform initial satellite in-orbit tests, the performance of all four spacecraft is nominal at this time. At Mackay Communications we understand that you may be concerned about the Globalstar service in the medium term and we are committed to keep you informed of the latest events and information regarding quality of service on the Globalstar Network. For more updated information please visit www.globalstarusa.com or continue to visit this news section of our website. _______________________________________________________ Safe Harbor Language for Globalstar Releases 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 the Company undertakes no obligation to update any such statements. Additional information on factors that could influence Globalstar’s financial results is included in its filings with the Securities and Exchange Commission, including its report on Form 10-Q for the quarter ended March 31, 2007. |
