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Symmetry Electronics Signs Distribution Agreement with Globalstar


Hawthorne, CA –  March 5, 2018 – The leading technical global semiconductor distributor of wireless and video technology, Symmetry Electronics, announced today the company has signed a distribution agreement with Globalstar, the leading provider of mobile satellite voice and data services. Symmetry Electronics will now offer a range of Globalstar’s satellite and multi-radio modems which support global connectivity.

“Globalstar and their innovative products complement our current offerings, and will enhance Symmetry’s ability to offer premier technologies to our wireless and video customers,” said David Beck, Vice President of Marketing at Symmetry Electronics.

With the addition of Globalstar products, Symmetry expands its traditional offerings of cellular, wireless and Bluetooth, to include satellite-based solutions. The company will begin to incorporate a number of Globalstar’s IoT products including STX-3, STINGR and SmartOne C among others.

“Our new partnership with Symmetry Electronics is a natural progression for both companies,” said Jay Monroe, Chairman and Chief Executive Officer of Globalstar. “We look forward to working with Symmetry and its customers to provide our voice, data, and location services and technology using Globalstar’s satellite technology.”

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About Symmetry Electronics Team

Established in 1998, Symmetry Electronics is a focused global distributor of wireless connectivity solutions, sensors, and audio-video technologies. Offering comprehensive design support and available-to-ship inventory, Symmetry is committed to helping engineers accelerate time to market, reduce costs, and offer modern solutions for their IoT designs. Acquired by Berkshire Hathaway company, TTI, Inc. in 2017, Symmetry Electronics is part of the Exponential Technology Group (XTG) – a supergroup of electronic component distributors and engineering services firms working together to advance the electronics industry. For more information, visit www.symmetryelectronics.com.

About Globalstar, Inc.

Globalstar is a leading provider of mobile satellite voice and data services. Customers around the world in industries such as government, emergency management, marine, logging, oil & gas and outdoor recreation rely on Globalstar to conduct business smarter and faster, maintain peace of mind and access emergency personnel. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring, SCADA and IoT applications. The Company's products include mobile and fixed satellite telephones, the innovative Sat-Fi satellite hotspot, Simplex and Duplex satellite data modems, tracking devices and flexible service packages. For more information visit www.globalstar.com

About Symmetry Electronics

In July 2017, Symmetry Electronics was acquired by TTI, Inc., a Berkshire Hathaway company. As an authorized global semiconductor distributor offering technical support, sales and distribution of wireless and video technologies, Symmetry has been selling electronic components since 1998. Symmetry serves customers with a worldwide sales and engineering team delivering technical services alongside an e-commerce experience. With its focused line card, expansive inventory and unsurpassed technical support, Symmetry strives to support design engineers and buyers throughout the design cycle and into production. The company is headquartered in Los Angeles with international offices in Mexico, Brazil, Canada and China. For more information or support, contact us: www.symmetryelectronics.com

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