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Globecomm Systems Awarded Ka-Band Infrastructure Contract from a Foreign Government Valued at Up to $8.0 Million



16 June 2008

Globecomm Systems Inc. has been awarded an infrastructure contract from a foreign government valued at up to $8.0 million.

Globecomm has received a contract to design and install multiple Ka frequency band-enabled antennas and related subsystems for a foreign government. The Company has received initial funding in the amount of $4.9 million and anticipates completing the project within the next 12 months.

Dave Hershberg, Chairman and CEO of Globecomm, said, This is a very important contract for Globecomm as we are making investments in both Ka and X frequency bands as domestic and foreign governments ramp up their transition from the more widely used C and Ku band frequencies.