GENERAL ELECTRIC’S ASSET INTELLIGENCE UNIT TO OFFER ASSET MANAGEMENT SOLUTIONS USING THE GLOBALSTAR SATELLITE NETWORK

Globalstar, a world leader in providing mobile satellite voice and data services to business, announced today that the Asset Intelligence unit of GE's Equipment Services business, a leading provider of intelligence-based asset management and logistics services for commercial and transportation equipment, has selected the Globalstar simplex data network for use with its worldwide asset management services. Asset Intelligence plans to integrate the coverage and service offered by the Globalstar simplex data network into specific asset tracking solutions. These solutions will allow Equipment Services customers to track their assets using the Globalstar satellite network.

“GE is a world class organization, known around the globe for developing innovative customer focused solutions, and we are very pleased to know that their customers will soon be using the Globalstar satellite network to help track and manage their assets globally,” said Anthony Navarra, President of Global Operations of Globalstar LLC. “Simplex Data is one of our fastest growing vertical market segments and we are very pleased about having GE’s Equipment Services business join our family of integrated products and service providers.”

Globalstar recently announced gateway enhancements that will allow the company to provide its customers with simplex data coverage to areas of Asia, Australia, Central and South America. The Globalstar simplex data service has been available in the U.S and Canada since 2003, and throughout Europe, the Middle East and across the north Atlantic region since earlier this year.

The Globalstar simplex data offering is a low cost, one-way satellite data service that allows customers to use Globalstar simplex modems and integrated back office management solutions to track mobile assets -- such as vehicles, trailers, cargo containers, rail cars and marine vessels, using GPS or other location-based software. The Globalstar simplex data service can be used for a wide variety of industrial and security applications to monitor and send information from fixed assets, such as environmental measuring instruments and utility meters. It can also be used to report the state of various mobile devices and their locations therefore making it an ideal solution for various maritime and vessel monitoring applications.

Using the Globalstar Satellite network, customers are able to economically monitor their assets from virtually anywhere within the Globalstar simplex coverage area. The data is sent back to the customer's control and monitoring facility via the Globalstar constellation of low-earth-orbiting satellites. This information is received essentially in real time, from remote installations far beyond the reach of ground-based communications systems.

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