Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, today announced that the Company has been awarded various infrastructure contracts from US Government Agencies valued at $5.9 million. Under the terms set forth in the contracts, Globecomm will provide hardware, software and associated engineering services as follows:
- WGS certified SummitTM X band field terminals with integral AxxSys® Orion Monitor and Control Software,
- Gateway Terminal Technology Refresh incorporating solid state amplifier hardware and AxxSys® Orion software,
- Life Cycle Support services including spares, training, and installation.
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.