Globalstar, Inc. (AMEX:GSAT)
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1 Year : From Sep 2017 to Sep 2018
Globalstar, Inc. (NYSE American:GSAT) and IPmotion Inc. announced the formation of Globalstar Japan Inc. and the launch of commercial mobile satellite service at a press event today in Tokyo. Globalstar Japan will offer a suite of mobile satellite products and services with voice, data, asset monitoring, tracking and emergency S.O.S. capabilities for the consumer, enterprise and government markets. Globalstar Japan will showcase these products and services at CEATEC Japan 2017, October 3-6 (booth # S051-02 in US Pavilion).
Jay Monroe, Chairman and Chief Executive Officer of Globalstar commented, “With the launch of Globalstar service in Japan, we will offer our unique suite of products and services to one of the largest markets in the world and continue our growth into new international markets.” He added, “We are looking forward to working with the team at IPmotion to bring our lifesaving technology to Japan where we will provide affordable and reliable voice and data communications as critical redundant services or as an extension to current cellular systems.”
Globalstar is a leader in the satellite telecommunications industry servicing over 700,000 subscribers around the world and has produced a number of award winning products. Its SPOT family of devices is responsible for initiating over 5,300 rescues worldwide and continues to provide peace of mind to customers in over 120 countries.
Katsuaki Nishiura, CEO, Representative Director of IPmotion, commented, “Globalstar Japan will be the fourth mobile satellite service provider in Japan, and I am delighted to contribute to people’s peace of mind and safety by offering the Globalstar suite of products. In Japan, where natural disasters such as earthquakes and typhoons frequently occur, Globalstar phones and their award-winning S.O.S enabled satellite personal tracking devices will be uniquely valuable.” He added, “We are looking forward to being the exclusive provider of these much needed satellite devices and services. They will provide critical solutions for personal tracking and safety, IoT, and mobile satellite phones for both consumers and local companies with a global reach.”
Globalstar Japan expects to receive type certification to sell its products in Japan in the coming weeks for the following products: Globalstar Satellite Phone 1700, Globalstar 2900, Globalstar SatFi, SmartOne B, SmartOne C, and SPOT Gen3 and SPOT Trace.
About Globalstar, Inc.Globalstar is a leading provider of mobile satellite voice and data services. Customers around the world in industries such as government, emergency management, marine, logging, oil & gas and outdoor recreation rely on Globalstar to conduct business smarter and faster, maintain peace of mind and access emergency personnel. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring, SCADA and IoT applications. The Company's products include mobile and fixed satellite telephones, the innovative Sat-Fi satellite hotspot, Simplex and Duplex satellite data modems, tracking devices and flexible service packages.
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.
About IPmotionFounded in 1997, IPmotion was established to contribute to society by providing valuable services as a trusted Information and Communications Technology (ICT) partner. In 2015, IPmotion was acquired and became a subsidiary of Imagica Robot Holdings Inc., (6879: Tokyo Stock Exchange). In addition to its current ICT business, IPmotion will add additional value by leveraging the video systems and broadcasting business expertise of the other Imagica group companies. These synergies will allow IPmotion and the Imagica group to drive business creation and economic development in Japan.
Globalstar ContactSamantha de CastroCorporate Communicationssamantha.firstname.lastname@example.org
IPmotion Media ContactMorihito KobayashiSenior manager/PRmkobayashi@ipmotion.jp