"Geoforce is excited to have built this solution with
Globalstar," said Matt Ulrich, Geoforce's Head of Sales -- Offshore and International.
Frank Petito, the company president, said 'We are thrilled to work with
GlobalStar to expand the Orbitz for Business portfolio and deliver a comprehensive set of travel management solutions to corporate customers across the globe - regardless of their size, location, or desired mix of online or offline service.
Globalstar CEO Peter Dalton expects the tie-up to strengthen the company's presence in eastern Asia.
Quake expects to deliver its first model of
Globalstar products by the end of 2009, and will introduce a complete line of
Globalstar communicators in 2010.
The term of the agreement is 30 years, is co-extensive with
Globalstar's ATC authority and is subject to renewal options exercisable by Open Range.
The new Wasilla satellite gateway will allow Alaskans access to
Globalstar services, including voice, e-mail, fax and Internet access, and
Globalstar enterprise data services to track, monitor and control mobile assets such as vehicles, shipping containers, marine vessels or other high-value assets.
As required by the credit agreement with its senior lenders (the "Facility Agreement"),
Globalstar intends to deposit 80% of the net proceeds from the offering in a restricted account for the benefit of the lenders under the Facility Agreement.
Globalstar Europe Satellite Services Ltd., Dublin, Ireland, a wholly-owned subsidiary of
Globalstar, Inc.
With these latest additions
GlobalStar continues growing its presence in the Middle East region after the addition of Dadabhai Travel in Bahrain and Travel Point LLC in Oman in Q4 of 2009.
UK-based Chambers Travel Management has announced it is to join
GlobalStar to increase its worldwide reach.