Slide 1: Q3-2010 Earnings Call Presentation
GlobalStar* Q3-2010 Earnings Call Presentation November 8, 2010
Slide 2: Safe Harbor Language
Safe Harbor Language is prose RRetorm Aco 095, thoes fs ‘eg combat our antpat spe inching or SPOT predictions. ‘0 ns Ex 2010,
Slide 3: Introduction
Introduction Conference 1. Introduction 2. Key Quarterly and Post Quarter Highlights — Peter Dalton (Chief Executive Officer) 3. Current and Second-generation Constellation Update - Tony Navarra (President, Global Operations) 4, Quarterly Finance Review — Dirk Wild — Sr. Vice President and Chief Fin
Slide 4: Third Quarter Highlights
Third Quarter Highlights tar recorded the highest number Mi For the second consecutive quarter Glob: SPO’ le Thanks to the success of the enhanced SPOT Satellite GPS Messenger, Globalstar activated 17,987 SPOT units during the quarter. ‘The Company completed the period ended September 30, 2010 with
Slide 5: Third Quarter Highlights
Third Quarter Highlights Globalstar SPOT Consumer Retail Orders pass 273,000 Units Throughout the quarter Globalstar further established its leadership position in the retail consumer market presence with the shipping of the new SPOT Satellite GPS Messenger™ and the new DeLorme PN-60w with SPOT Comm
Slide 6: TIME "100 Greatest and Influential Gadgets"
TIME “100 Greatest and Influential Gadgets” TIME technology editor Peter Ha recently chose the SPOT Satellite GPS Messenger as one of the 100 greatest and most influential gadgets invented from 1923 to the present. Being named to this list is a testament to the innovative utility of Globalstar’s mob
Slide 7: Third Quarter Highlights
Third Quarter Highlights Globalstar expects to take advantage of the State’s reimbursement of relocation costs plus a commercial lease subsidy for its new corporate headquarters and future tax credits associated with a host of State programs. The Company plans to maintain its network operations, inc
Slide 8: Third Quarter Highlights
to make add onal wit broadband networks using mobile s; Third Quarter Highlights In July the Federal Communi ions Commission (FCC) initiated proceeding less spectrum in the United States available for mobile es (MISS) spectrum) shale additionallspectrum ays idband netsyorks by promot ng flexible syh
Slide 9: Post Quarter Sales and Marketing Initiatives
Post Quarter Sales and Marketing Initiatives NEW Launch Packagi GSP-1700 Launch Promotion » All you can talk voice plan + a GSP-1700 Satellite Phone. 12 months for less than $750 US! fs | > jundied Product Ait ime Rate Plan Available in North America only. {+ AYAABLEIN COPPER, RED AND Ste $499 US fo
Slide 10: Post Quarter Sales and Marketing Initiatives
Post Quarter Sales and Marketing Initiatives NEW Consumer Products - Updates SPOT HUG DEMONSTRATED AT THE FORT LAUDERDALE INTERNATIONAL BOAT SHOW HUG isa security thefi-recovery and messaging product designed to protect and track mobile assets such as maritime craft (yachts, jet-skis), motorcycles,
Slide 11: Product
Product 2011 and beyond... SPOT™ Satelite GPS Messenger -SPOT SPOT HUG SPOT Delorme Satelite (GPS Communicator SPOT Assist ~ Roadside] ‘Commercial Availabi ‘Commercial Availabilty Future SPOT and ‘Simplex Consumer (—x=xxc==== 5P-1700 Re- Introduction Next-Generation Enterprise Commercial Solutions S
Slide 12: Post Quarter Sales and Marketing Initiatives
Post Quarter Sales and Marketing Initiatives NEW Branding New Logo Introduction + GlobalStar* PN Globalstar ciCcaiter
Slide 13: Post Quarter Sales and Marketing Initiatives
Post Quarter Sales and Marketing Initiatives NEW Branding Visuals New Web Site Launching the future.
Slide 14: Constellation Update
GlobalStar* ation Space Seg -S d-g Constellation Update
Slide 15: Second Generation Satellite Constellation Update
Second G ‘ion Satellite C. ‘ion Update First launch was successfully conducted on October 19, 2010 Globalstar orbited six new second-generation constellation satellites using Arianespace’s highly reliable Soyuz launch vehicle Globalstar has commenced extensive in-orbit testing and orbit raising oper
Slide 16: Second Generation Satellite Constellation Update
Second G ‘ion Satellite C. ‘ion Update pp tobaistsn2Constoationi The new second-generation satellites are fully compatible with Globalstar’s current mobile satellite voice and data products including the lineup of SPOT consumer products. Once the satellites are operational, service availability and
Slide 17: Second Generation Satellite Constellation Update
Second Generation Satellite Constellation Update Gib} Deployment, Following extensive testing we expect the first two satellites of the six to become operational within four to six weeks after launch, We expect all si raised into their proper orbits and become operational within three months after l
Slide 18: First Generation Satellite Update
First Generation Satellite Update * Current constellation continues to provide high quality and reliable Simplex data and SPOT consumer product coverage support Simplex data performance continuing at 98 plus percent messaging reliability De-orbit preparations have commenced for certain first-gen sat
Slide 19: Q3-2010 Finance Review
mmo Globalstar Q3-2010 Finance Review
Slide 20: Quarterly Financial Summary
Quarterly Financial Summary (Sin Thousands) “ASEEME von a a ee a |
Slide 21: Low Retail Monthly Churn Coupled With Stable ARPU
Low Retail Monthly Churn Coupled With Stable ARPU Low Monthly Retail Churn $40.00 $35.00 Stable ARPU 2» aro ates at4o ano Reta GSimplex
Slide 22: Demonstrated Subscriber Growth
Demonstrated Subscriber Growth
Slide 23: Principal Opportunities / Initiatives Summary
Principal Opportunities / Initiatives Summary Globalstar’s recurring revenue base continues to increase and provides a significant foundation for future growth with the launch of the second generation ion — total company ibers of 433,000 ing a 13% increase year over year The continued adoption and g
Slide 24: Closing Remarks
Closing Remarks
Slide 25: Summary - The Globalstar Advantage
Summary - The Globalstar Advantage = New satellites provide return to reliable MSS Core Voice and Data Products and Services Globalstar is th LEADING Provider of Affordable Mobile Satellite Consumer Retail Products Py Second-Gen Satellite Deployment Is Now Underway ZIN 2. Consumer Retail Business Gl
Slide 26: Launching the Future
Globalstart Launching the Future