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Satnews Daily
October 4th, 2010

Globecomm Systems... Net-Net, Good News (SATCOM)


[SatNews] Globecomm Services Maryland, a subsidiary of Globecomm Systems inc. (NASDAQ: GCOM), has received a $2.5 million increase in the total value of a four-year contract from a major U.S. Government prime contractor.

This contract is part of the four-year contract originally signed on January 2, 2008. Globecomm will provide satellite Earth stations and services that leverage the Company’s global service network by providing voice, video, and data services in the Company’s rapidly growing managed network service businesses. As a valued added offering, Globecomm will offer the customer life cycle services supported by a global network of qualified technicians enabling a highly professional, technical and responsive support handling activities such as implementation, preventive, and corrective maintenance, and a full range of 24 x 7 technical support services. These services include engineering support, equipment, complete with installation and maintenance to multiple locations in the Middle East, Africa, Asia, and certain Pacific and Caribbean Islands.