Jack by the hedge
Safely Ignored
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"Satellite" does not equal "GPS".Cospas-Sarsat was conceived and initiated by Canada, France, the United States, and the former Soviet Union in 1979.
1 July 1988 (definitive agreement signed; preceding memorandums of understanding signed 23 November 1979 and 5 October 1984)
The first rescue using the technology of Cospas-Sarsat occurred in September 1982.[7][8] The definitive agreement of the organization was signed on 1 July 1988. - Wikipedia
So yes, they were in use in 1994. It is a satellite system only, so the EPIRB beacons had inbuilt GPS.
A GPS EPIRB has a GPS receiver which lets it triangular its own location. It can then transmit that information in its 406MHz emergency signal which gets picked up by a different satellite network.
A regular EPIRB does not know where it is. It broadcasts a distress signal on 406MHz and the satellite system triangulates its position.
You seem to have done a lot of reading to get that wrong with such confidence.