Globecomm Systems Signs One Year Contract Extension with the Iraqi Telecom and Post Company to Deliver International Voice Services.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 value-added satellite-based communications solutions, today announced that it has a one-year contract extension with the Iraqi Telecom & Post Company (ITPC ITPC International Treatment Preparedness Coalition ITPC Investment and Trade Promotion Centre (Vietnam) ITPC Indonesian Trade Promotion Centre ITPC Information Technology Planning Council ITPC Iraqi Telecommunications and Post Company ). Globecomm will provide International Voice Services to the ITPC for phone calls originated in Iraq to other parts of the world and for calls originated outside of Iraq through Globecomm's partners into the ITPC network. Globecomm Network Services Corporation (GNSC GNSC Global NetOps Support Center (Defense Information Systems Agency Network Center) ) is the primary service provider for the ITPC, has been carrying their international voice traffic for the past eighteen months and the two companies are working closely to expand the ITPC network. David Hershberg, Chief Executive Officer and Chairman of Globecomm Systems Inc., said, "GNSC continues to grow its international voice business by leveraging strong global relationships. The GNSC team is working closely with the ITPC to provide voice services in and out of Iraq. We look forward to assisting the ITPC as they move forward with their network expansion plans in the future. GNSC continues to deliver carrier class service offerings resulting in a more predictable recurring revenue stream." 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, 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, 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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