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Globecomm Systems Awarded Infrastructure Contract From a Major Provider of Enterprise Services in the United States

Posted on: Tuesday, 21 February 2006, 12:00 CST

Globecomm Systems Inc. (NASDAQ: GCOM), a global provider of end-to-end satellite-based communications solutions, today announced that it has been awarded a satellite infrastructure contract from an existing customer valued at approximately $1.1 million.

On January 4, 2006, Globecomm announced that it would be providing a turnkey Intelsat earth station and all the related subsystems to a major provider of enterprise network services in the United States. Globecomm has been extensively involved with this customer's network build-out in previous years and the customer has once again turned to Globecomm for similar infrastructure expansion. The Company anticipates completing this project over the next four months and continues to work with the customer to develop additional projects in the future.

David Hershberg, Chief Executive Officer and Chairman of Globecomm Systems Inc., said: "Growth in enterprise service opportunities continues to be the driving force behind this customers continued network expansion. Globecomm understands this customer's needs and expectations and takes full turnkey responsibility for each phase of the network expansion. Globecomm has established a reputation as a leading provider of high quality satellite infrastructure and has built a solid base of customers over the last ten years resulting in these types of awards. We look forward to working with this customer for years to come."

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 satellite-based "next generation" 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 and government-related entities.

Based in Hauppauge, New York, Globecomm Systems also maintains offices in Washington, DC, 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 for the year ended June 30, 2005 on Form 10-K and its Quarterly Report on Form 10-Q for the quarter ended December 31, 2005, which the Company urges investors to consider. These risks and other factors include, but are not limited to general and political and economic instability in the United States and abroad, including the hostilities in Iraq and Afghanistan.

Source: Business Wire

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