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Globalstar Connects North and South Korea
Seoul - June 22, 2000 - Globalstar reached a new milestone last week when South Korean officials used the company�s satellite phones during the recent summit meeting in Pyongyang, North Korea, making the first commercial telephone calls directly between North and South Korea in nearly 50 years.

Equipped with 11 Globalstar Qualcomm phones, members of the staff accompanying South Korean president Kim Dae Jung were able to communicate with each other and with their counterparts in Seoul, South Korea, throughout the summit. During the entire visit, the Globalstar phones performed well, transmitting clear voice signals via the system�s satellite constellation and the Globalstar gateway located in Yeoju, South Korea.

"The Korean summit was a historic breakthrough in communication between these two countries, and we are very proud to have been a part of this important event," said Tony Navarra, president of Globalstar. "As discussions and visits continue between North and South Korea, Globalstar will be invaluable to future visitors to the North, including government officials, businesspeople, and even tourists."

To commemorate the successful outcome of this event, DACOM, the Globalstar service provider in South Korea, is offering special promotional packages until July 21, including 100 free minutes of domestic calls and other discounts.

DACOM markets Globalstar services to a range of business and individual users, with particular emphasis on the maritime sector which currently has an exceptional need for wireless communications following recent termination of analog radio services previously used by South Korean sea-going vessels.

  • Globalstar
  • DACOM

    CONSTELLATIONS
     Globalstar Clarifies Funding Issues In Statement
    New York - June 19, 2000 - The LEO mobile phone carrier Globalstar today issued a statement to clarify its future funding requirements. "Globalstar has been consistently open and candid with the investment community regarding its funding requirements," said Bernard L. Schwartz, chairman and chief executive officer of Globalstar.




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