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Globecomm Systems Awarded Hybrid Communications Contract Utilizing Multiple State-of-the-Art Technologies

Posted on: Wednesday, 29 June 2005, 12:00 CDT

Globecomm Systems Inc. (NASDAQ: GCOM), a global provider of end-to-end satellite-based communications solutions, announced today that it has been awarded a hybrid communications contract utilizing multiple state-of-the-art technologies.

Pursuant to the contract, Globecomm will design, deploy, operate and maintain a communication network, utilizing the Company's recently announced Managed Mobile Network Services Platform (MMNSP) as the core technology for providing distributed GSM networking. The network will also feature Globecomm's new 1.2 meter Auto-Explorer Transportable Satellite Terminal and Globecomm's broadband access solution based on iDirect Technology.

Once the network is complete, Globecomm can route Voice Over Internet Protocol (VOIP) traffic through the MMNSP in its facility, which has rich connectivity to multiple public telephony networks allowing for flexibility in the routing of VOIP minutes on both the cost and quality fronts. The system can also provide Broadband iDirect services for Internet access, and data.

The system will be provided to a prime contractor for demonstration to overseas military and civilian government organizations. It will provide GSM cellular services and Broadband Internet access anywhere these organizations deploy our systems.

David Hershberg, Chief Executive Officer and Chairman of Globecomm Systems Inc., said, "Globecomm continues to bring together multiple best-of-breed technologies in the marketplace at competitive price points allowing new customers to leverage the company's investments and launch their business plans rapidly by outsourcing part or all of their network to Globecomm. While this contract is small in nature, these business models have great potential for Globecomm. We become a technology partner with these customers to assure that their network is robust and scalable affording them the opportunity to continuously offer the most modern technologies in the marketplace which allows them to remain competitive. For Globecomm, the Company continues to implement its business model, which is based on the concept of designing, deploying, operating and maintaining networks providing a recurring revenue stream once the networks go live."

About Globecomm Systems

Globecomm Systems Inc. provides end-to-end value-added satellite-based communication solutions by leveraging its core satellite ground segment systems and network capabilities, with satellite communication services capabilities. The solutions Globecomm offers include general contracted complex communications networks, militarized commercial off the shelf products and services, voice over Internet Protocol (VOIP), video broadcast, business recovery, satellite-based terrestrial restoral, content delivery and other networks on a global basis. Globecomm's customers include communications service providers, commercial enterprises, Internet Service Providers, content providers and government entities.

Based in Hauppauge, New York, Globecomm Systems also maintains offices in Washington D.C., Hong Kong, the United Kingdom and the United Arab Emirates.

Certain of the statements contained in this press release may be deemed forward-looking statements. Such statements, and other matters addressed in this press release, involve a number of risks and uncertainties. Among the factors that could cause actual results to differ materially from these statements and matters include risks and other factors detailed, from time to time, in the Company's reports filed with the Securities and Exchange Commission, including, but not limited to, the Company's Annual Report on Form 10-K for the year ended June 30, 2004, Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K, which the Company urges investors to consider. These risks and other factors include, but are not limited to general political and economic instability in the United States and abroad, including the hostilities in Iraq and Afghanistan. Also, we cannot assure investors that we will be awarded additional hybrid communications contracts from this foreign prime contractor or from any overseas military or civilian government organizations for which the prime contractor will be demonstrating the system.

Source: Business Wire

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