August 1, 2008
C-COM Announces Issuance of Stock Options
C-COM Satellite Systems Inc. (TSX VENTURE: CMI) today announced, pursuant to the requirements of the TSX Venture Exchange, that it has granted options to purchase 50,000 common shares of C-COM to an officer of C-COM. The stock options were granted pursuant to the terms of C-COM's stock option plan and are exercisable at $0.285 per share. This grant forms part of a total remuneration package. Stock option grants are subject to necessary regulatory approvals.
About C-COM Satellite Systems, Inc.
C-COM Satellite Systems, Inc. is a leader in the development and deployment of commercial grade mobile satellite-based technology for the delivery of two-way high-speed Internet, VoIP and Video services into vehicles. C-COM has developed a unique proprietary Mobile auto-deploying (iNetVu(TM)) antenna that allows the delivery of high-speed satellite based Internet services into vehicles while stationary virtually anywhere where one can drive. The iNetVu Mobile antenna has also been adapted to be deployable from transportable platforms. The company's satellite-based products and services deliver high-quality, cost-effective solutions for both fixed and mobile applications throughout the world. More information is available at: www.c-comsat.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts: C-COM Satellite Systems Inc. Investor Relations 613-745-4110 ext. 4950 613-745-1172 (FAX) [email protected]www.c-comsat.com
SOURCE: C-COM Satellite Systems Inc.