Science & Technology
Science and Technology
Science and Technology
Tue, January 6, 2009 Globecomm Systems Receives Contract from Peace Corps Valued at $2.4 Million for VSAT Communication Network
HAUPPAUGE, N.Y.--([ BUSINESS WIRE ])--Globecomm Systems Inc. (NASDAQ: GCOM), a leading provider of satellite-based communications infrastructure solutions and services on a global basis, today announced that the Company's wholly owned subsidiary, Globecomm Services Maryland has received a contract from Peace Corps valued at $2.4 million.
The contract is for five years, including options, and will provide Very Small Aperture Terminals (VSAT) for a communication network, including maintenance of the Agency's existing network equipment, installation, hook-up and maintenance to new VSAT sites and moves between VSAT sites.
About Globecomm Systems
Globecomm Systems Inc. provides end-to-end value-added satellite-based communication products, services and solutions by leveraging its core satellite ground segment systems and network capabilities, with its satellite communication services capabilities. The products and services Globecomm offers include pre-engineered systems, systems design and integration services, managed network services and life cycle support services. Globecomm's customers include communications service providers, commercial enterprises, broadcast and other media and content providers and government and government-related entities.
Based in Hauppauge, New York, Globecomm Systems also maintains offices in Washington, DC, Maryland, Hong Kong, the United Kingdom, the United Arab Emirates and Afghanistan.
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward looking statements are based on management's current expectations and observations. You should not place undue reliance on our forward-looking statements because the matters they describe are subject to certain risks, uncertainties and assumptions that are difficult to predict. Our forward-looking statements are based on the information currently available to us and speak only as of the date of this press release. Over time, our actual results, performance or achievements may differ from those expressed or implied by our forward-looking statements, and such difference might be significant and materially adverse to our security holders.
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