Thursday April 15, 8:18 am Eastern Time
Company Press Release
SOURCE: Globecomm Systems Inc.
NetSat Express, A Subsidiary of Globecomm Systems, Expands Satellite Internet Access Services Into the United States, Central America and South America Via the SatMex 5 Satellite
HAUPPAUGE, N.Y., April 15 /PRNewswire/ -- NetSat Express, Inc., a subsidiary of Globecomm Systems Inc. (Nasdaq: GCOM - news), has announced the start of its Internet access service on the SatMex 5 satellite to provide K-band NetSat Access services throughout the Americas region.
The Company's role out of these services occurs on the heels of last week's announcement that NetSat Express had started providing services to Africa, the Middle East and South America via the New Skies 803 satellite. The Company has also been providing services in Eastern Europe via the Orion 1 satellite since 1997.
Commenting on the significance of today's announcement, Kenneth A. Miller, President of NetSat Express and Globecomm Systems, said, ''The SatMex 5 satellite enables NetSat Express to provide high-quality service throughout the Americas, a region with tremendous potential for future development. In particular, South America is home to some of the world's most progressive emerging markets. High-speed, reliable communications will be critical for both large and small businesses as well as government agencies as they prepare to compete in the global economy of the 21st century.''
This commitment to extending the reach of services is part of the Company's long term plan to provide global coverage of their Internet Access services for Internet Service Providers (ISPs) around the world.
NetSat Express provides satellite based Internet access services, digital media distribution services, and integrated data, voice, and video communications services.
The parent company of NetSat Express, Globecomm Systems, designs, assembles and installs satellite ground segment systems and networks which support a wide range of satellite communications applications, including fixed, mobile and direct broadcast services as well as certain military applications. The Company's customers include prime communications infrastructure contractors, government-owned PTTs, other telecommunications carriers, producers and distributors of news and entertainment content and other corporations.
In addition to its 122,000 square-foot headquarters facility in Hauppauge, New York, USA, Globecomm Systems also maintains offices in Atlanta, Georgia, USA and in Hong Kong.
For more information, contact NetSat Express, Inc., 45 Oser Avenue, Hauppauge, NY 11788-3816, USA TEL: 516-231-4422, FAX: 516-231-9223, EMAIL: sales@netsatx.net or visit our website at netsatx.net.
This press release contains projections or other forward-looking statements regarding future events or the future financial performance of the Company. These statements are only predictions and the actual events or results may differ materially. Some of the factors that could affect the forward-looking statements contained herein include, without limitation, that there can be no assurance that NetSat Express can obtain contracts for Internet Access Services from Internet Service Providers (ISPs) around the world on the SatMex 5 satellite. Please refer to the documents the Company files from time to time with the Securities and Exchange Commission, specifically the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. These documents contain and identify important factors that could cause the actual results to differ materially from those contained in the projections or forward-looking statements.
SOURCE: Globecomm Systems Inc. |
