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Satnews Daily
March 20th, 2009

Globecomm Systems' Substantive Signings

Globecomm Systems Inc. (NASDAQ: GCOM) has announced the Company has received multiple contract awards from various Government agencies, valued at $3.3 million.

The contracts include Globecomm’s customizable field terminals with AxxSys M&C software, two L-band entry terminal upgrades, and its most recent product announcement, the Ka-band Auto-Explorer satellite terminal. The Company anticipates the completion of these contracts in the Company’s fiscal 2010 first quarter ending September 30, 2009.