Slide 1: Second Quarter 2012 Earnings Call Presentation
Second Quarter 2012 Earnings Call Presentation August 9, 2012
Slide 2: Safe Harbor Language
Globalstar Introduction Safe Harbor Language This presentation contains certain statements that are “forward - looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 . These forward - looking statements are based on current expectations and assumptions that ar
Slide 3: Key Financial Metric – Adjusted EBITDA Posts Significant Increase
($3.0) ($2.0) ($1.0) $0.0 $1.0 $2.0 $3.0 $4.0 Second Quarter Highlights Key Financial Metric – Adjusted EBITDA Posts Significant Increase • Globalstar reported its third consecutive quarter of positive Adjusted EBITDA in Q2 2012 and a significant increase over the same period in 2011 • Adjusted EBIT
Slide 4: Resolution of Disputes with Thales Alenia Space
Second Quarter Highlights Resolution of Disputes with Thales Alenia Space • On June 25 th , the Company announced that it had reached a settlement of its prior disputes with satellite manufacturer Thales Alenia Space • Both companies have agreed to the principal terms of a commercial proposal for th
Slide 5: Improved Coverage
Second Quarter Highlights Improved Coverage • Globalstar continued to deploy its second - generation constellation throughout the quarter further improving its voice and duplex data network • The Company has placed additional previously launched second - generation satellites into service with more
Slide 6: Consumer Retail Market Product Leadership
Consumer Retail Market Product Leadership SPOT Satellite GPS Messenger ™ and SPOT Connect ™ • Globalstar continues to solidify its unique role as the leading innovator of award - winning MSS retail consumer products • Due to the continued success of Globalstar’s SPOT Satellite GPS Messenger™ and rel
Slide 7: Globalstar is at an Inflection Point
Globalstar is at an Inflection Point… Low Cost Second - Gen Satellite and Ground Network Delivers true mobile connectivity (voice and data) to the more than one billion people who live, work, or play outside of cellular reach Daily capacity for 34 billion text messages, M2M transmissions or othe
Slide 8: Building a Foundation for Growth and Improved Profitability
Building a Foundation for Growth and Improved Profitability