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| Globecomm Readies Hosted Wireless Platform for 4G/LTE Technology |
HAUPPAUGE, N.Y., Mar 21, 2011 (BUSINESS WIRE) -- Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, announced today it is gearing up its wireless hosted platform for migration to 4G/ LTE. Globecomm's multi-technology, flexible wireless platform will enable 2G and 3G operators to cost-effectively migrate to 4G/LTE. This new upgraded platform will encompass the migration of both CDMA/EVDO and GSM/UMTS to LTE. Utilization of Globecomm's 2G and 3G wireless platform continues to grow on a monthly basis, in both voice and data traffic. "The cost savings derived from our hosted wireless platform, together with improved network performance, continue to benefit our wireless customers," says Andy Silberstein, Senior Vice President and General Manager. "We now look forward to expanding our range of services with 4G." Globecomm maintains a dedicated power system in its Hauppauge, New York-based Network Operations Center in support of these switch platforms, where engineers and technicians provide 24/7 network monitoring and customer support. Redundant fiber circuits and generator systems also support the Globecomm facility. Globecomm is an active member of CTIA and will exhibit at the International CTIA Wireless 2011 Conference and Exposition March 22 - 24, 2011, Booth #647 at the Orange County Convention Center, Orlando, Florida. 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. 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. Company Information: Globecomm Systems Inc. 45 Oser Avenue Hauppauge, NY 11788 Phone: 631-231-9800; Fax: 631-231-1557 SOURCE: Globecomm Systems Inc. For Globecomm Government information: |
Globecomm provides specialized communications products to support its global service offerings for media, wireless, government, maritime and enterprise customers.
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