Orbsat Corp Commences Trading on the OTCQB Market Under New "OSAT" Stock Symbol

AVENTURA, FL / ACCESSWIRE / September 17, 2019 / Orbsat Corp (OTCQB:OSAT) ("Orbsat" or the "Company") today announced that it has begun trading on the OTCQB market under the new "OSAT" symbol.

The Orbsat Corp identity reflects the Company's emphasis on serving the growing global demand for satellite-enabled voice, data and IoT connectivity services by government, commercial and consumer customers around the world.

"Trading under our new OSAT stock symbol is an exciting milestone in our corporate transformation effort," said David Phipps, Chief Executive Officer of Orbsat Corp. "Our team is focused on further execution of our strategic growth plan for Orbsat through corporate developments including adding to our network of industry-leading partnerships and the further expansion of our global e-commerce presence."

For information on Orbsat Corp and its array of products and services, please visit the Company's website at www.orbsat.com.

About Orbsat Corp

Orbsat provides services and solutions to fulfill the rapidly growing global demand for satellite-based voice, high-speed data, tracking and IoT connectivity services. Our long-term experience providing government, commercial, military and individual consumers with Mobile Satellite Services uniquely positions us to capitalize on the significant opportunities being created by global investments in new and upgraded satellite networks. Our U.S. and European based subsidiaries, Orbital Satcom and Global Telesat Communications, have provided global satellite connectivity solutions to more than 35,000 customers located in over 160 countries across the world.

Forward-Looking Statements

Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"""), copies of which may be obtained from the SEC's website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

Media and Investor Contact for Orbsat Corp:

Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net

SOURCE: Orbsat Corp

Released September 17, 2019