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Re: BareBaxBo post# 136972

Friday, 05/11/2012 2:14:42 PM

Friday, May 11, 2012 2:14:42 PM

Post# of 157299
Maybe our 10-Q will shed additional light on GTC applique revenue tied in with SPOT usage? Very curious on the GTC "record revs" mention in our previous PR.


"SPOT service revenue during the first quarter was approximately $5.3 million, an increase of approximately 27 percent compared to the same period in 2011. Due to the continued success of Globalstar's SPOT Satellite GPS Messengerâ„¢ and related consumer products since their introduction in November 2007, Globalstar has received orders to ship over 370,000 SPOT retail devices to over 10,000 points of distribution in North America, Europe, Latin America, Australia and Southeast Asia. The award-winning devices have also been responsible for the initiation of more than 1,800 rescues around the world."

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