Globecomm Systems Awarded Satellite Contract

HAUPPAUGE, N.Y., Feb. 7 -- Globecomm Systems Inc., a provider of satellite-based communications solutions, announced it has been awarded a satellite equipment infrastructure contract valued at approximately $2 million from a customer in the Indian subcontinent.

The contract is to provide an Intelsat F3 satellite earth station to be used for international telephony. The estimated completion date is July 2003.

David Hershberg, CEO of Globecomm Systems Inc. said, "Demand for international telephony gateways continues to provide Globecomm with a steady stream of contracts in our core satellite infrastructure business. And, these types of contracts are enabling us to mitigate the severity of the current economic downturn."

Based in Hauppauge, New York, Globecomm Systems also has offices in Hong Kong, the United Kingdom and the United Arab Emirates.

For more information, visit: www.globecommsystems.com