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Globecomm Systems Awarded Second Contract from the Ministry of Communication of the Islamic Transitional State of Afghanistan Valued at $14.2 Million.


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 GCOM General Council on Ministries (United Methodist Church)
GCOM Graphic Communications (course)
GCOM Global Change Observation Mission
), a global provider of end-to-end satellite-based communications solutions, today announced that the Company has been awarded a second contract valued at $14.2 million from the Ministry of Communication of the Islamic Transitional State of Afghanistan (MoC). The contract is fully funded through the United States Agency for International Development The United States Agency for International Development (or USAID) is the U.S. government organization responsible for most non-military foreign aid. An independent federal agency, it receives overall foreign policy guidance from the U.S.  and the project work is expected to begin immediately upon receipt of the USAID's direct letter of commitment. On June 1, 2004, Globecomm announced the first contract from the MoC valued at $14.7 million, bringing the combined contract values to $28.9 million.

Under the terms of this contract, Globecomm will design, deliver, install and maintain a second satellite based communications network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. . When completed, the network will deliver voice, data, Internet and video conferencing See videoconferencing.

(communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications.
 services to 337 districts within Afghanistan, and will enable the MoC to offer broadband services to other government agencies, as well as international organizations and private commercial enterprises.

The system will include telecommunication facilities, air conditioning, power generation equipment, computers and office equipment for each location, amongst other equipment required to operate and maintain a modern communications network.

His Excellency HIS EXCELLENCY. A title given by the constitution of Massachusetts to the governor of that commonwealth. Const. part 2, c. 2, s. 1, art. 1. This title is customarily given to the governors of the other states, whether it be the official designation in their constitutions and laws or not.  Stanekzai, Afghanistans's Minister of Communications, commented "The MoC is placing very high confidence in Globecomm by awarding it both national communications system The telecommunications system that results from the technical and operational integration of the separate telecommunications systems of the several executive branch departments and agencies having a significant telecommunications capability. Also called NCS.  contracts. These two programs are very important to Afghanistan. We expect that the MoC and Globecomm will be working together on these and future programs for many years to come."

David Hershberg, Chief Executive Officer and Chairman of Globecomm Systems Inc., said, "As communication technologies continue to converge, Globecomm is proving its ability to handle the full spectrum of requirements to win jobs of this scale and complexity. The capability of integrating multiple technologies and equipment required in large complex broadband communications networks is enabling the Company's growth. In just the past 90 days, we have reported three such large infrastructure projects with a combined value of approximately $44 million. In addition to this contract, we previously announced contracts on June 1, 2004 valued at $14.7 million and July 13, 2004 valued at $15 million. The magnitude of this bookings activity further validates Globecomm's turnaround. The reconstruction of Afghanistan and other parts of the world offer future opportunities for Globecomm. The Company intends on working very closely with the MoC in addressing their current and future needs as they rebuild their communications infrastructure. Globecomm also intends to continue to focus our resources on these kinds of larger more complex projects where we believe the Company possesses a competitive advantage."

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 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 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 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.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 8, 2004
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