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Globecomm Launches Globecomm Maritime

^{Published on 2011-03-08 12:05:36 - Market Wire}
 

HAUPPAUGE, N.Y.--([ BUSINESS WIRE ])--Globecomm Systems Inc. (NASDAQ: [ GCOM ]), a leading global provider of communications solutions and services, announced today the launch of [ Globecomm Maritime ] to provide a comprehensive suite of maritime communication solutions for the maritime market sectors, commercial, fishing, leisure and government.

Globecomm Maritime is the result of the integration of the Companya™s well-known maritime business units with Globecomma™s global managed communications platform and engineering capabilities.

Four well-established Globecomm companies, Telaurus, Mach6, Evosat, and Carrier2Carrier come together under the Globecomm Maritime brand. Each of these four companies has areas of specific expertise, and each adds a vital piece to the communication jigsaw so that whatever the customera™s requirements, whether they be Inmarsat, Iridium or VSat based, Globecomm Maritime has the solution in its portfolio, all under-pinned by the unrivalled experience and resources of the Globecomm group.

Malcolm McMaster, Vice President Globecomm Maritime and President Telaurus, said: aWe are delighted to be unveiling the Globecomm Maritime offering to the market at a time when the communications needs of maritime users, whether of a commercial or leisure nature, are becoming ever-more challenging. Our combination of distribution, service provision, added value software and specialist support enables Globecomm Maritime to offer truly comprehensive coverage at whatever level the customer demands. The launch of Globecomm Maritime will be followed by the release of new products which draw on the core competences of these business units.a

Mr. McMaster added: aThe maritime communications market is as diverse as any other, requiring many different solutions to meet the needs of seafarers at sea, whether they be operating a fishing vessel in extreme weather and sea conditions of Alaska, or a Crude Oil Tanker carrying its cargo across the worlda™s oceans, or even the leisure sailor who needs to conduct his business while sailing on his own private yacht. Globecomm Maritime is able to look at each specific customers actual (and planned) communication needs, and recommend a solution that is the best for that customer.

Customers will be able to learn more about the [ Globecomm Maritime ] offering from our staff who are participating in the following upcoming conferences: DigitalShip Hamburg 9-10 March, CMA Shipping 2011, Connecticut, March 21-23 and SeaAsia in Singapore, (10-15 April).

About Globecomm Systems

Globecomm Systems Inc., or Globecomm, is a leading global provider of satellite-based managed network solutions. Employing our expertise in emerging communication technologies we are able to offer a comprehensive suite of system integration, system products, and network services enabling a complete end-to-end solution for our customers. We believe our integrated approach of in-house design and engineering expertise combined with a world-class global network and our 24 by 7 network operating centers provides us a unique competitive advantage. We are now taking this value proposition to selective vertical markets, including government, wireless, media, enterprise, and maritime. As a network solution provider we leverage our global network to provide customers managed access services to the United States Internet backbone, video content, the public switched telephone network or their corporate headquarters, or government offices. We currently have customers for which we are providing such services in the United States, Europe, South America, Africa, the Middle East, and Asia.

Based in Hauppauge, New York, Globecomm Systems also maintains offices in Maryland, New Jersey, Virginia, the Netherlands, South Africa, Hong Kong, Germany, Singapore, 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.

We have identified some of the important factors that could cause future events to differ from our current expectations and they are described in our most recent Annual Report on Form 10-K and most recent Quarterly Report of Form 10-Q, including without limitation under the captions ''Risk Factors'' and ''Management's Discussion and Analysis of Financial Condition and Results of Operations,'' and in other documents that we may file with the SEC, all of which you should review carefully. Please consider our forward-looking statements in light of those risks as you read this press release.