Globecomm Systems Awarded 2 Contracts Valued at $2.1 Million

HAUPPAUGE, N.Y., May 12, 2005/Satnews Daily/ — Globecomm Systems Inc. (NASDAQ:GCOM) announced on Wednesday it has been awarded two infrastructure contracts from international customers valued at approximately $2.1 million.

The first contract is with a new competitive service provider in a recently deregulated Middle Eastern country. Globecomm will provide turnkey redundant satellite infrastructure enabling the customer to market and sell voice over Internet Protocol and to expand their current Internet Service Provider business over the new satellite connectivity. Once the network is live, the customer will be able to compete directly with the long-standing incumbent monopoly for international voice traffic, Globecomm said.

The second contract is with a direct-to-home video services company in the Middle East. Globecomm will provide satellite infrastructure to expand this customer's current network and consolidate satellite services from various locations to a single facility. Globecomm has worked with this customer for many years and has been responsible for the installation, integration and test of several dozen earth stations at this facility since its inception.

David Hershberg, CEO said deregulation in various parts of the world continues to open up opportunities for Globecomm. “Many governments around the world are deregulating allowing entrepreneurial spirit and the deployment of Internet Protocol (IP) based services to flourish,” he said.

He added Globecomm has assembled all the ingredients under one roof to design and build the infrastructure required to operate a 21st century media company, which we believe incorporates IP as its cornerstone.

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