Globalstar Announces Retirement of CEO Peter Dalton; Jay Monroe Resumes Role as CEO

Globalstar, Inc. GSAT today announced that after the successful implementation of the strategic initiatives he introduced during his tenure, the Company has accepted Chief Executive Officer Peter Dalton's request to retire. Executive Chairman and former Globalstar CEO Jay Monroe will immediately resume his operational role as CEO on an interim basis and Mr. Dalton will remain as a special advisor to the interim CEO to assist with transition issues through September 1, 2011. Mr. Dalton is also retiring as a member of Globalstar's Board of Directors.