Globecomm Systems Receives Contract Extension from NATO Valued at $9.1 Million for GPS-Based Force Tracking System

HAUPPAUGE, N.Y.--()--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of satellite-based communications infrastructure solutions and services, announced today that the Company has received a contract extension from NATO valued at $9.1 million to extend communication services and onsite support for the Company’s previously deployed GPS-Based Force Tracking System (FTS).

Globecomm previously announced approximately $35 million in contracts from NATO for this project to design and install a GPS FTS, bringing the combined contract value to approximately $44 million. The FTS provides NATO with high levels of tracking data and messaging traffic. It enables NATO to identify where its personnel are located at all times, identify other multi-national forces and have the ability to do so in routine and operational situations. This is critical in assisting with the identification of friendly forces and helps prevent fratricide or “blue-on-blue” incidents.

Paul Knudsen, Vice President of Globecomm’s Eastern Atlantic Team, said: “Globecomm’s relationship with NATO continues to expand. The extension of this contract demonstrates the importance of this vital service Globecomm is providing to this customer.”

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, New Jersey, the Netherlands, 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 differences 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.

Contacts

Globecomm Systems Inc.
David Hershberg, 631-231-9800
Chairman and Chief Executive Officer
or
Matthew Byron, 631-457-1301
Vice President, Corporate Office
or
TEL: 631 231-9800, FAX: 631 231-1557
Email: ir@globecommsystems.com
Web: www.globecommsystems.com

Contacts

Globecomm Systems Inc.
David Hershberg, 631-231-9800
Chairman and Chief Executive Officer
or
Matthew Byron, 631-457-1301
Vice President, Corporate Office
or
TEL: 631 231-9800, FAX: 631 231-1557
Email: ir@globecommsystems.com
Web: www.globecommsystems.com