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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 DAVID HERSHBERG NAMED THE HERMAN FIALKOV BUSINESS PERSON OF THE YEAR BY THE LONG ISLAND CAPITAL ALLIANCE

Globecomm Systems Inc. (NASDAQ: GCOM), 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 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, Globecomm Systems also maintains offices in Washington, DC, Hong Kong, the United Kingdom and the United Arab Emirates.

About Long Island Capital Alliance

Since 1984, the Long Island Capital Alliance (LICA) 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 631-457-1301, Globecomm Systems Inc.

Globecomm Systems Inc., 45 Oser Avenue, Hauppauge, NY 11788-3816, USA. TEL: 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 and its Quarterly Report on Form 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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Publication:Business Wire
Geographic Code:1USA
Date:Jan 24, 2006
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