Globecomm Systems Awarded Contract to Provide Design and Integration Services for SES AMERICOM IPTV Broadcast Center.HAUPPAUGE, N.Y. -- Globecomm Systems Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : GCOM-News), a global provider of end-to-end value-added satellite-based communications solutions, today announced that it has signed an agreement with SES AMERICOM SES Americom is a major commercial satellite operator based in the United States. Formerly RCA Americom and GE Americom the company is now (with SES Astra and SES New Skies) one of the principal parts of SES S.A.. to provide design and integration services in support of its new state-of-the-art MPEG-4 Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. Television (IPTV (Internet Protocol TV) Also called "TV over IP," IPTV delivers scheduled TV programs and video-on-demand (VOD) via the IP protocol and digital streaming techniques used to watch video on the Internet. ) based broadcast center. SES AMERICOM, the largest satellite services provider in the U.S., is today launching its IP PRIME service, a groundbreaking, centralized IPTV distribution solution enabling telephone companies to deliver high-end video, along with voice and broadband services over a single DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary line to the home. IPTV allows television and/or video signals to be distributed using a broadband connection See broadband and wireless broadband. over Internet Protocol (IP). Often this is in parallel with the subscriber's Internet connection, supplied by a broadband operator using the same infrastructure but over a dedicated bandwidth allocation. MPEG-4 advanced video compression allows carriers to compress video down into much narrower streams, without sacrificing quality of video, enabling them to offer more program channel service to more TV's per household. This allows end-user service providers to integrate the digital video with their other services including IP based voice and broadband Internet services, commonly referred to as "Triple-Play". Globecomm will provide a professional engineering study for the upfront design based on its experience in digital video platforms. The design will include integrating state-of-the-art video compression, program acquisition, routing, confidence monitoring with multi-channel presentation wall, and IPTV console workstation systems. Pursuant to the contract, Globecomm will be the overall system integrator and provide, on a turnkey basis, major components of the IPTV Broadcast Center which is comprised of an RF acqusition system that downlinks and receives United States based satellite video broadcasts, a program acquisition baseband system that decodes the video programming, an MPEG-4 compression system that processes the digital video/audio for distribution to the user by satellite and/or fiber and the satellite uplink that transmits the pre-packaged digital video to a broadcast satellite. David Hershberg, Chief Executive Officer and Chairman of Globecomm Systems Inc., said, "SES AMERICOM's IPTV Broadcast Center and innovative IP PRIME solution represent a significant milestone in the delivery of broadband television to homes across America. New compression standards will drive the transformation and allow Telco's and satellite operators to deliver the "triple-play". Globecomm will provide a professional engineering study along with the initial design work, showcasing our engineering talent in the area of digital video platforms. As we initiate support of SES AMERICOM's exciting IP PRIME service, Globecomm becomes one of the first companies to participate in the design and delivery of an all IP-based MPEG-4, satellite-based IPTV video distribution facility. The trend towards video over IP will continue and result in more capital build out and ultimately position Globecomm in yet another high growth market." 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 mil·i·ta·rize tr.v. mil·i·ta·rized, mil·i·ta·riz·ing, mil·i·ta·riz·es 1. To equip or train for war. 2. To imbue with militarism. 3. To adopt for use by or in the military. commercial off the shelf products and services, voice over Internet Protocol (VOIP (Voice Over IP) A digital telephone service that uses the public Internet as well as private backbones instead of the traditional telephone network. Many companies, including Vonage, 8x8 and AT&T (CallVantage), typically offer calling within the country for a ), 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 Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , content providers and government entities. Based in Hauppauge, New York Hauppauge (pronounced /hɔpɔg/) is a hamlet in the Town of Islip and the Town of Smithtown in Suffolk County, New York, United States. , Globecomm Systems also maintains offices in Washington D.C., Hong Kong, the United Kingdom and the United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. . 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 for the year ended June 30, 2004 on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. , 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. |
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