Globecomm Systems CEO David Hershberg Named The Herman Fialkov Business Person of The Year by The Long Island Capital Alliance.HAUPPAUGE, N.Y. -- Fourth graph, second sentence of release should read: Mr. Hershberg, a resident of Port Jefferson, Long Island, has been a key player in the satellite communications industry for nearly 50 years, founding Satellite Transmission Systems in 1959 (sted Mr. Hershberg, a resident of Port Jefferson, Long Island, has been a key player in the satellite communications industry for nearly 50 years, founding Satellite Communication Systems in 1959). The corrected release reads: GLOBECOMM SYSTEMS CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. DAVID David, in the Bible David, d. c.970 B.C., king of ancient Israel (c.1010–970 B.C.), successor of Saul. The Book of First Samuel introduces him as the youngest of eight sons who is anointed king by Samuel to replace Saul, who had been deemed a failure. HERSHBERG NAMED THE HERMAN FIALKOV BUSINESS PERSON OF THE YEAR BY THE LONG ISLAND CAPITAL ALLIANCE 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 value-added satellite-based communications solutions, today announced that the Company's Chairman and Chief Executive Officer David Hershberg has been named the Herman Fialkov Business Person of the Year by the Long Island Capital Alliance. The Herman Fialkov Business Person of the Year Award is given out each year to the person whose presence has made a profound impact on the business community. "We're delighted to present Mr. Hershberg with The Herman Fialkov Business Person of the Year Award," said Jeffrey Bass, Chairman of The Long Island Capital Alliance. "His success and achievements throughout the years have paved the way for business owners and entrepreneurs to follow." Under Mr. Hershberg's direction, Globecomm Systems, Inc, has catapulted itself to one of the industry's fastest growing and most successful corporations. Mr. Hershberg, a resident of Port Jefferson, Long Island, has been a key player in the satellite communications industry for nearly 50 years, founding Satellite Transmission Systems in 1959. He later sold the company to California Microwave, Inc. and remained there until 1994, at which point he formed Globecomm Systems, Inc. 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 satellite-based "next generation" 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), 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, content providers and government and government-related 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, DC, 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. . About Long Island Capital Alliance Since 1984, the Long Island Capital Alliance (LICA LICA Land Improvement Contractors of America LICA Lakeland Industry and Community Association (Alberta, Canada) LICA Long Island Contractors Association ) has been stimulating business development on Long Island. The group provides entrepreneurs and investors an opportunity to network in a business-friendly environment, while delivering sound strategic advice at their monthly breakfast meetings. In addition, LICA seeks to promote business by bringing their signature event, the LI/NY Metro Capital Forum, to life every year. This highly successful investment conference and trade show is an avenue for regional businesses to seek funding from capital providers. For more information contact: David Hershberg: Chairman and Chief Executive Officer 631-231-9800, Globecomm Systems Inc. Matthew Byron: Investor Relations Investor relations The process by which the corporation communicates with its investors. 631-457-1301, Globecomm Systems Inc. Globecomm Systems Inc., 45 Oser Avenue, Hauppauge, NY 11788-3816, USA. TEL TEL Telephone TEL Telegram TEL Telugu (langauge) TEL Terrorist Exclusion List TEL Technology-Enhanced Learning TEL Transporter-Erector-Launcher TEL Tetra-Ethyl Lead TEL Team Deutsche Telekom : 631 231-9800, FAX: 631 231-1557; Email: ir@globecommsystems.com; Web: www.globecommsystems.com. 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, 2005 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 Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 2005, 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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