Globalstar Announces Launch of SMARTONE Satellite-Based Asset Tracking Management Solution Apr 21, 2009 07:00AM

MILPITAS, Calif., April 21, 2009 (GLOBE NEWSWIRE) -- Globalstar, Inc. (Nasdaq: GSAT), the world's largest provider of mobile satellite voice and data services to businesses, governments and individuals, today announced that leading Simplex data integrator Axonn LLC has launched SMARTONE, the Satellite Managed Asset Ready Tracker. SMARTONE is Axonn's newest global asset tracking solution that utilizes the highly reliable Globalstar Simplex data network and enables customers to track the location of their mobile assets virtually anywhere. The SMARTONE device transmits real-time GPS location, alarm inputs and engine run-time data over the Globalstar constellation of low earth-orbiting (LEO) satellites. The small size (6.5" x 3.25" x 1") and design allows it to be easily installed and field managed without the need for harnesses, antennas, or external power. The device is powered by AA size lithium batteries providing up to three years of battery life. Axonn's current asset management products are used on ...


Satellite Asset Management Halts Client Redemptions at 3 Largest Funds Nov 28, 2008 09:45AM

According to reports from Bloomberg, Satellite Asset Management has halted client redemptions at its three largest funds -- Satellite Overseas Fund Ltd., Satellite Fund II LP and Satellite Credit
Opportunities Ltd. Satellite also cut about 30 ...