HAUPPAUGE, NY, January, 31, 2000 - NetSat Express, a provider of satellite-Internet access and subsidiary of Globecomm Systems Inc. (Nasdaq: GCOM), signed an agreement with Cisco Systems recently to deploy the well-known company's hardware equipment for the purpose of building Internet infrastructures in under-developed countries. The agreement supports the worldwide initiative to assist emerging economies build the foundation for global Internet commerce.
"NetSat Express continues to work towards its mission of being the e-business backbone for under-served areas of the world," said NetSat Express CEO Marni Ehrlich. "This agreement, as well as our recent business partnership with IBM, aligns us with two industry leaders and puts us in a strong position in the global business of providing satellite-Internet solutions."
NetSat Express, a provider of satellite-based Internet access services, digital media distribution services, and integrated data, voice and video communications services, entered into the agreement as part of the effort to give their customers, primarily ISPs in under-served regions of the world, the ability to purchase complete connectivity packages from a single source.
Specifically, NetSat Express will deploy the Cisco 7500/7200 Series routers, the 3600 modular access multiservice platform, and the Catalyst 6500 Series switch.
"This agreement will give NetSat Express customers access to Cisco equipment that meets the reliability, serviceability, and flexibility demands of today's most mission-critical networks," said Ian Pennell, director of marketing for Cisco's Managed Services Access Business Unit. "And, aligning with NetSat Express helps Cisco extend its leading-edge Internet-enabling technology into under-developed parts of the world."
This announcement comes on the heels of a recent cooperative agreement NetSat Express made with IBM as part of the company's "e-Business Service Providers" initiative. That agreement incorporates IBM's newest server into its access packages. Now, with Cisco, NetSat Express customers will have the opportunity to utilize other high-end networkable technology that is known in the industry for its exceptional performance.
"Like the IBM agreement, the Cisco business partnership allows us to offer broad-range, value-added services," said Ehrlich. "But, possibly even more important, it brings us one step closer to ensuring that all parts of the world develop an economy supported by e-commerce and become a part of the Internet revolution."
NetSat Express provides satellite-based Internet access services, digital media distribution services, and integrated data, voice and video communications services.
The parent company of NetSat Express, Globecomm Systems, designs, assembles and installs ground segment systems and networks and enterprise service solutions which support a wide range of satellite communications applications, including fixed, mobile and direct broadcast services as well as military applications. The Company's customers include prime communications infrastructure contractors, government-owned PTTs, other telecommunications carriers, producers and distributors of news and entertainment content and other corporations.
Certain of the statements contained in this press release are or may be deemed forward-looking statements, including but not limited to statements concerning the implementation of NetSat's strategy to be the e-business backbone for under-served areas of the world and statements concerning the impact of NetSat's relationships with Cisco and IBM. Such statements, and other matters addressed in this press release, involve a number of risks and uncertainties. Among the factors that could cause actual results to differ materially from these statements and matters are the health of the overall economy in the United States and under-developed parts of the world, the market for Internet service in under-developed parts of the world, NetSat's ability to work with Cisco and IBM and the risks and other factors detailed in Globecomm Systems' reports with the Securities and Exchange Commission, including, but not limited to, Globecomm Systems' Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q.
For more information, contact NetSat Express, Inc., 45 Oser Avenue, Hauppauge, NY 11788-3816, USA TEL:631-231-4422, FAX: 631-231-9223, EMAIL: sales@netsatx.net or visit our website at http://www.netsatx.net