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Globecomm Systems Awarded Multi-Year Chinese Ethnic Broadcasting Service Contract

Posted on: Thursday, 16 September 2004, 06:00 CDT

Globecomm Systems Inc. (NASDAQ:GCOM), a global provider of end-to-end satellite-based communications solutions, today announced that the Company has been awarded a multi-year Chinese ethnic broadcasting service contract valued at approximately $3.4 million from Atlanta DTH, Inc. (ADTH).

Under the terms of the contract, Globecomm will provide broadcast services to ADTH for the distribution of seven Chinese ethnic broadcasting channels into Europe and South Africa, utilizing Globecomm's recently launched direct-to-home video distribution platform on the Telstar 12 satellite.

Mike Day, Chief Executive Officer of ADTH said, "After extensive review, Globecomm's ethnic broadcasting video platform provided us with a best of breed technology platform enabling our business model. Demand for ethnic content continues to surge and we look forward to expanding our business relationship with Globecomm to satisfy this demand."

Ken Miller, President of Globecomm Systems said, "Since the June 1, 2004 launch, we have received contracts to distribute nineteen channels on our new direct-to-home video distribution platform. These seven channels are an exciting new addition to the platform, which diversifies the Company into Chinese content distribution."

About Atlanta DTH

Established in 1993, Atlanta DTH, Inc. is a leading supplier in the DTH satellite industry. They provide a complete product line of DTH satellite equipment such as IRD and LNBF, as well as customer-driven satellite network services and customer management system.

ADTH's RV division specializes in RV satellite tracking equipment, heavy-duty RV jacks, and rear observation systems.

About Globecomm Systems

Globecomm Systems Inc. is an end-to-end satellite-based communications solutions provider. The Company's core business provides end-to-end value-added satellite-based communications solutions. This business supplies ground segment systems and networks for satellite-based communications, including hardware and software to support a wide range of satellite systems. Its wholly-owned subsidiary, NetSat Express, Inc., provides end-to-end satellite-based Internet solutions, including network connectivity, broadband connectivity to end users, Internet connectivity, intranet extension, media distribution and other network services on a global basis. Both Globecomm Systems' and NetSat Express' customers include communication service providers, multinational corporations, Internet Service Providers, content providers and government entities.

Based in Hauppauge, New York, Globecomm Systems also maintains offices in 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 Reports on Form 10-K and its Quarterly Reports on Form 10-Q, which the Company urges investors to consider.

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