|By Business Wire||
|December 3, 2012 11:24 AM EST||
Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that it has reached a maritime industry milestone, providing connectivity services to 3,500 ships globally.
Globecomm Maritime provides a wide array of connection platforms, from L-band to GSM and VSAT, as well as a suite of value-added software products, aligning its service provision to fast-changing customer needs.
This tremendous growth in the maritime market has seen Globecomm connect more than half of its customers over Inmarsat platforms, with the remainder divided between Iridium, VSAT, and GSM technology.
Dave Hershberg, Globecomm Chairman and Chief Executive Officer, said: “The growth of our maritime services segment is a core strategy for Globecomm and will continue to be so in coming years. The key to our approach is being ‘agnostic’ about the airtime and letting our customers choose a service that is right for them, all of which can take advantage of a market-leading suite of value-added services.”
Malcom McMaster, President of Globecomm Maritime, said: “2012 has been an excellent year for Globecomm Maritime. We have remained focused on core technologies such as Inmarsat FleetBroadband, but have also expanded our range of services, with emphasis on extended Ku-band coverage and our combined Ku-band/L-band service se@FLEX. Reaching 1,800 active Inmarsat terminals demonstrates the success of continuing to support core maritime technology while at the same time providing cost-effective services that our customers have come to know and trust.”
Milestones for Globecomm Maritime include installing 300 Wi-Fi networks to enable managed internet access for ships’ crews, combining hybrid VSAT and GSM services, enabling remote access to onboard IT networks and providing firewall and anti-virus products that keep vessels safe and compliant.
About Globecomm Systems
Globecomm Systems Inc., (“we”, “our”, “us” or “Globecomm”), is a leading global communications solutions provider. Employing our expertise in emerging communication technologies, including satellite and other transport mediums, we are able to offer a comprehensive suite of system integration, system products, and network services enabling a complete end-to-end solution for our customers. We believe our integrated approach of in-house design and engineering expertise combined with a world-class global network and our 24 by 7 network operating centers provides us a unique competitive advantage. We focus this value proposition to selective vertical markets, including government, wireless, media, enterprise, and maritime. As a communications solutions provider we leverage our global network to provide customers managed access services to the United States Internet backbone, video content, the public switched telephone network or their corporate headquarters, or government offices. We currently have customers for which we are providing such services in the United States, Europe, South America, Africa, the Middle East, and Asia.
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, 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.
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