10.06.2008 19:28:00
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Globecomm Systems Chairman and Chief Executive Officer Receives Lifetime Achievement Award
Globecomm Systems Inc. (NASDAQ: GCOM), a leading provider of
satellite-based communications infrastructure solutions and services on
a global basis, announced today that David Hershberg, Chairman and Chief
Executive Officer has been awarded a Lifetime Achievement Award from the
International Satellite Communications exchange (ISCe).
This award recognizes Mr. Hershberg’s lifetime
contribution and leadership in the advancement and success in the
satellite and communications industry.
ISCe is the (USA) west satellite and communications event, held each
June, that highlights satellite-based services, technologies and
solutions for the commercial, consumer, civil, and military services.
Mr. Hershberg will receive his award during the ISCe’s
Awards Dinner on Wednesday, June 11th at the
San Diego Marriott & Marina. He joins previous recipients Conny Kullman
(former CEO of Intelsat), Harold Rosen (Hughes Communications), and
Joseph Clayton (Chairman of Sirius Satellite Radio) as a recipient of
the Lifetime Achievement Award.
David Bross, Chairman of ISCe, said: "It was
clear to me and to the ISCe Advisory Board that Dave was going to be the
recipient this year. He has literally demonstrated to the world,
especially the broadcast, telecommunications, and military industries,
how to ‘make a little bit of satellite go a
long way.’ This award is the highest accolade
that ISCe can bestow upon a satellite industry professional.”
David Hershberg, Chief Executive Officer and Chairman of Globecomm
Systems Inc., said: "Despite having been in
the satellite communications business for 49 years, I continue to see
new developments that are accelerating to the point where I have learned
more and have had to adapt to new technologies more in the last 5 years
than in all previous years.”
Mr. Hershberg was named ‘The Herman Fialkov
Business Person of the Year’ by the Long
Island Capital Alliance in 2006 and was inducted into the Long Island
Technology Hall of Fame earlier this year.
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 systems, 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, Hong Kong, the United Kingdom, 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.
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