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Satnews Daily
June 19th, 2013

Globecomm’s Contacts Pay Off With Contracts = $5.3 Million


[SatNews] “We are pleased and honored to be part of these important expansions...”

Globecomm Systems Inc. (NASDAQ: GCOM) announced the Company has been awarded various infrastructure contracts valued at $5.3 million.

“We are pleased and honored to be part of these important expansions. In addition, these repeat customers continue to put trust in Globecomm’s high quality engineering, excellent support and on time delivery.”

Under the terms set forth in the contracts, Globecomm will provide a Direct-To-Home (DTH) uplink system for a major Asian DTH operator and a disaster recovery system for a foreign government customer. Globecomm anticipates the completion of these contracts by the Company's fiscal year 2014 second quarter ending December 31, 2013.

Dov Cydulkin, Globecomm Vice President of Asia Pacific, said: “We are pleased and honored to be part of these important expansions. In addition, these repeat customers continue to put trust in Globecomm’s high quality engineering, excellent support and on time delivery.”