Globalstar To Host Conference Call On Today’s Financial Announcement

Globalstar (NASDAQ: GSTRF) invites shareholders, analysts and other interested parties to participate in a conference call with Globalstar chairman and chief executive officer, Bernard L. Schwartz, to review Globalstar’s announcement earlier today on the funding of its continued operations.
 
The call will begin at 10:30 am EST on January 16, 2001.
 
To participate, please dial 1-888-849-9215 (or 1-212-896-6043 for international access) approximately fifteen minutes prior to the scheduled start of the call.
 
A listen-only simulcast of the call can be accessed from www.globalstar.com.
 
If you are unable to participate on the call, a replay will be available beginning at 2 p.m. on Tuesday, January 16, through 8 p.m. on Monday, January 22 by dialing 1-800-633-8284, access code #17684962. The replay will also be available on Globalstar’s web site through January 22, 2001.