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|Globecomm and Fujitsu Frontech North America Enter into a Strategic Teaming Agreement|
HAUPPAUGE, N.Y., Feb 10, 2011 (BUSINESS WIRE) --
Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, announced today that it has entered into a strategic teaming agreement with Fujitsu Frontech North America Inc. (FFNA) to provide a wide range of advanced technology digital media solutions for commercial and government markets.
The teaming of Globecomm and FFNA includes a strategically focused co-marketing and sales effort between the two companies. It provides potential customers with a new level of capability in solutions and services, based on Globecomm's managed service platforms and system design expertise and the extensive advanced technology in FFNA's digital media hardware and software products. Fujitsu products are recognized by leading media organizations for technical superiority, quality and value. Among these are the field proven IP series of H.264/AVC encoders and decoders, servers and advanced video recognition technologies.
This Globecomm-Fujitsu agreement further expands Globecomm's continuous goal of increasing our range in "best of breed" advanced technology solutions, while adding to our suite of hosted managed service offerings.
About Globecomm Systems
Globecomm Systems Inc., or Globecomm, is a leading global provider of satellite-based managed network solutions. Employing our expertise in emerging communication technologies 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 are now taking this value proposition to selective vertical markets, including government, wireless, media, enterprise, and maritime. As a network solution 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.
About Fujitsu Frontech North America, Inc.
Fujitsu Frontech North America Inc. is a leading provider of IT-based business solutions, including advanced technology products, biometric solutions, digital media solutions, retail POS solutions, self service kiosks, Ethernet switches, RFID tags and bill dispensers - with sales, service and engineering support throughout the United States. Fujitsu Frontech North America Inc. is headquartered with operations and product development at 25902 Towne Centre Drive, Foothill Ranch, CA 92610. For more information about Fujitsu products and services, call us at 800-626-4686 or visit: http://www.fujitsufrontechna.com
About Fujitsu Frontech Limited
As part of the Fujitsu Group, Fujitsu Frontech Limited ties people and IT together through the development, manufacture and sale of front-end technology such as ATMs, operation branch, POS and totalizator terminals, and public display devices. Fujitsu Frontech also delivers related software, system integration and outsourcing as part of its total solutions offerings. The company supports the security sector by offering products incorporating Fujitsu's latest palm vein authentication technology, and is actively involved in the development of key technologies in various fields, with a current focus on color electronic paper and RFID systems.
For more information, please visit: http://www.frontech.fujitsu.com/en/
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.
SOURCE: Globecomm Systems Inc.
For Globecomm Investor Relations information:
Globecomm provides specialized communications products to support its global service offerings for media, wireless, government, maritime and enterprise customers.
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