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Globecomm Systems Awarded Contracts for Multiple Auto-Explorer Portable Satellite Terminals From Two U.S. Government Agencies Valued at $2.6 Million

Posted on: Monday, 18 September 2006, 12:00 CDT

Globecomm Systems Inc. (NASDAQ:GCOM), a global provider of end-to-end satellite-based communications solutions, today announced that the Company has received contracts for multiple Auto-Explorer portable satellite terminals from two U.S. Government agencies valued at $2.6 million.

Globecomm's Auto-Explorer line of mobile earth stations with integrated electronics are suited to a wide variety of military, institutional, newsgathering, enterprise and other applications, in sizes ranging from sub-meter up to 1.5m. All Auto-Explorers are Internet Protocol (IP)-enabled to accept optional routers and IP satellite optimized solutions. The Auto-Acquisition and Terminal Management Software is designed to allow operation of the terminals by personnel with little or no communications or satellite communications experience. The terminals can receive IP data rates ranging from 64 kbps to 18.2 Mbps and send IP data rates ranging from 64 kbps to 8.4 Mbps.

These contracts are for various quantities of the 0.77m and 1.2m versions, including related hub equipment. The Company expects to complete full shipment of these terminals and associated hardware in the current fiscal year ending June 30, 2007.

David Hershberg, Chief Executive Officer and Chairman of Globecomm Systems Inc., said, "Globecomm has spent the last year demonstrating the capability and related ease of operation of the Auto-Explorer suite of terminals to many U.S. Government agencies. We are beginning to gain market acceptance as evidenced by these orders and look forward to communicating further progress on this front in the near future."

About Globecomm Systems

Globecomm Systems Inc. provides end-to-end value-added satellite-based communication products, services and solutions by leveraging its core satellite ground segment systems and network capabilities, with its satellite communication services capabilities. The products and services Globecomm offers include pre-engineered systems, systems design and integration services, managed network services and life cycle support services. Globecomm's customers include communications service providers, commercial enterprises, broadcast and other media and 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, the United Arab Emirates and Afghanistan.

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, its Quarterly Report 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 and 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 complete full shipment of the terminals and associated hardware in the current fiscal year.

Source: Business Wire

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