Globecomm Awarded Maritime Managed Services Contract
Hauppauge, N.Y. (Business Wire)
Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of satellite-based communications infrastructure solutions and services, announced today that the Company's wholly-owned subsidiary, Telaurus Communications, has been awarded a three-year maritime managed services contract from Singapore based PACC Ship Managers Pte Ltd.
Pursuant to the terms set forth in the contract, Telaurus will provide maritime fleet broadband terminals (FB500) and its se@COMM(R) maritime communications platform to thirty vessels trading worldwide.
The se@COMM(R) end-to-end solution manages the communication needs of a vessel master and shipping company. The latest release of se@COMM(R) not only provides a highly functional email solution for both the ship's business and crew use, but also very effectively controls fleet broadband connectivity so that the ship manager does not incur expensive charges due to unnecessary or non-approved data connections. Together with in-house value-added services and applications Telaurus provides a complete end-to-end maritime communications solution suite, thereby reducing operating costs and improving efficiencies at sea.
It provides the customer with the following benefits:
- The price of sending each message is displayed prior to transmission making it easier to budget and control expenditures.
- Real-time data transfer.
- A single monthly bill for end-to-end communication services.
- se@SHIELD(R) an anti-virus application that provides protection against malicious threats.
- Web browsing in a totally controllable environment allowing private crew use paid from their se@CARDSM account.
- se@remote which allows IT managers or other authorized shore-based staff to conduct remote diagnostics and trouble-shooting thereby reducing the need for costly ship visits.
- A web-based Ship Management Tool that allows the ship's shore-based management to monitor and control the vessel's communications on a real-time basis.
Globecomm is now providing active managed services on more than 2,000 vessels through its maritime division.
Malcolm McMaster, President of Telaurus Communications, said: "We are proud that PACC Ship Managers has selected Telaurus to provide them with managed services to meet their maritime data communication needs. The se@COMM(R) solution enables our customers to maximize the efficiencies that broadband connectivity offers and at the same time effectively manage and control data transmissions that, without such controls, can become extremely costly."
About Globecomm Systems
Globecomm Systems Inc. provides end-to-end value-added satellite-based communication products, services and solutions by leveraging its core satellite ground segment systems and network capabilities, with its satellite communication services capabilities. The products and services Globecomm offers include pre-engineered products, systems design and integration services, managed network services and life cycle support services. Globecomm's customers include communications service providers, commercial enterprises, broadcast and other media and content providers and government and government-related entities.
Based in Hauppauge, New York, Globecomm Systems also maintains offices in Washington, DC, Maryland, New Jersey, the Netherlands, 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 differences 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.Globecomm Systems Inc.
David Hershberg, 631-231-9800
Chairman and Chief Executive Officer
Matthew Byron, 631-457-1301
Vice President, Corporate Office