COVINGTON, La (
GLOBE NEWSWIRE) -- Globalstar, Inc. (NYSE:GSAT) today announced that Kyle Pickens has been appointed as Vice President of Strategy and Communications. Mr. Pickens will be responsible for the overall investor communication strategy of Globalstar as well as helping drive the strategic efforts of the Company across satellite and spectrum initiatives.
A seven year Globalstar investor, Mr. Pickens comes to the Company with 14 years of experience in the investment industry with a focus on the telecommunications sector. Immediately prior to joining Globalstar, he was a principal at Steelhead Partners in Seattle, Washington.
"I have known Kyle for a long time and am very pleased to see him shift into a role at Globalstar and help us drive a number of important initiatives and am delighted to welcome Kyle to the Globalstar team," said Jay Monroe, Chairman and CEO of Globalstar. "Kyle knows Globalstar as well as any outside investor and has been active in helping make the Company a success for a long time. We always believed he would be most productive as a full-time employee and now that he has joined, I am very much looking forward to seeing him help us drive the Company forward."
Mr. Pickens also commented, "I am excited for the opportunity to work more closely with Jay Monroe, Tim Taylor and the whole Globalstar team. As an investor, I have long believed in Globalstar's tremendous potential. Now as a team member, I hope to more directly help drive us toward the untapped potential."
About Globalstar, Inc.
Globalstar is a leading provider of mobile satellite voice and data services, leveraging the world's newest mobile satellite communications network. Customers around the world in industries like 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 and SCADA 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. For more information, visit www.globalstar.com.
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. For more information, visit www.globalstar.com.
Investor contact information:
Email: investorrelations@globalstar.com
Phone: (985) 335-1538