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Globecomm Systems Awarded Infrastructure Contract from a Government Agency Valued at $2.1 Million.

HAUPPAUGE, N.Y. -- Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of satellite-based communications infrastructure solutions and services, announced today that the Company has received an infrastructure contract from a Government agency valued at $2.1 million.

The contract scope includes a complete RF electronics upgrade to an existing 11 meter X band terminal system. The antenna drive and control system will be completely replaced with latest technology. Globecomm's AxxSys Orion M&C software will control all upgraded subsystems and allow remote monitoring and control from distant operational centers. Globecomm anticipates the completion of this contract in the Company's fiscal year 2011 first quarter ending September 30, 2010.

Mike Plourde, Vice President Government Programs, said: "We have established a pre-engineered X band entry terminal RF suite with several options that allow government users to customize their solution around their unique mission. This award is another example of how our customers trust Globecomm's expertise in designing X band terminals to meet stringent military performance specifications."

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, Maryland, New Jersey, the Netherlands, Hong Kong, Germany, Singapore, the United Arab Emirates and Afghanistan.

This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward looking statements are based on management's current expectations and observations. You should not place undue reliance on our forward-looking statements because the matters they describe are subject to certain risks, uncertainties and assumptions that are difficult to predict. Our forward-looking statements are based on the information currently available to us and speak only as of the date of this press release. Over time, our actual results, performance or achievements may differ from those expressed or implied by our forward-looking statements, and such differences might be significant and materially adverse to our security holders.

We have identified some of the important factors that could cause future events to differ from our current expectations and they are described in our most recent Annual Report on Form 10-K and most recent Quarterly Report of Form 10-Q, including without limitation under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," and in other documents that we may file with the SEC, all of which you should review carefully. Please consider our forward-looking statements in light of those risks as you read this press release.

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Publication:Business Wire
Geographic Code:1U2NY
Date:Sep 24, 2009
Words:478
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