Globecomm Launches European Brand in The Netherlands
HAUPPAUGE, N.Y.--(BUSINESS WIRE)-- Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, announced today the integration of its European-based subsidiaries C2C and Mach6 into Globecomm Europe, effective September 1, 2012.
The combined entity, headquartered in The Netherlands, will continue to build upon and leverage the strengths of the Globecomm brand and its former subsidiaries while further enhancing the companys global presence.
Both C2C and Mach6 were acquired by Globecomm (GCOM) within the last few years and have strategically continued their European regional leadership in the managed satellite communications solutions space. Globecomm Europe enhances the continuity of the Globecomm global network, which, combined with the companys operations in South Africa, furthers its international reach.
David Hershberg Chief Executive Officer and Chairman of Globecomm Systems Inc., said: Globecomm Europe represents the value and history of C2C and Mach6 and the strong, combined identities which are part of an exciting new brand. Along with the recent re-branding of our South African operation as Globecomm Systems SA, we continue to expand the Globecomm brand to accurately reflect our worldwide reach. Our resources are now stronger than ever in Europe, South Africa and around the globe, where Globecomm is privileged to serve thousands of customers in more than 100 countries.
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.
For Globecomm Investor Relations:
Senior Vice President, Corporate Office IR/M&A
For Globecomm Public Relations information:
Globecomm Systems Inc.
45 Oser Avenue
Hauppauge, NY 11788
Phone: 631-231-9800; Fax: 631-231-1557
Source: Globecomm Systems Inc.Copyright Business Wire 2012