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March 05, 2009
Globecomm Systems Announces Teaming Agreement with KEYW Corporation
By: Business Wire | 05 Mar 2009 | 09:45 AM ET

HAUPPAUGE, N.Y., Mar 05, 2009 (BUSINESS WIRE) -- Globecomm Systems Inc.

(NASDAQ: GCOM), a leading provider of satellite-based communications infrastructure solutions and services on a global basis, announced today that it is launching a Teaming Agreement with KEYW Corporation, an engineering company that serves the Intelligence, Surveillance and Special Military communities, to work together and leverage both companies capabilities.

This relationship offers Globecomm the opportunity to work with KEYW within the Intelligence, Surveillance and Special Military communities and complements Globecomm's existing end-to-end solutions. In addition, this should provide a growth opportunity into new markets for the Company's wholly-owned Information Technology Professional Services subsidiary, Cachendo.

Bill Raney, Globecomm Senior Vice President, said: "This is a great opportunity to leverage both companies' relationships and capabilities and develop a solid business partnership." Leonard E. Moodispaw, Chief Executive Officer and Co-Founder of KEYW Corporation, said: "As a veteran of the intelligence community, I look forward to working with Globecomm in building a partnership that enhances both companies' abilities to serve our customers." Leonard E. Moodispaw is the CEO and Co-Founder of KEYW Corporation. Prior to founding KEYW, Mr. Moodispaw served as Chairman, Chief Executive Officer, and President of Essex Corporation. Mr. Moodispaw is the founder of the Security Affairs Support Association (now know as INSA) that brings government and industry players together to solve problems of mutual interest. He also serves as a member of the Board of Directors of Griffin Services, Inc., a subsidiary of Vosper-Thornycroft, a U.K. company.

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 Netherlands, the United Arab Emirates and Afghanistan.

About KEYW Corporation KEYW is an adaptable, powerfully capable company whose members have made many important, creative contributions to science, defense, space and the intelligence community. KEYW is building a "total solutions company" that will be more agile than larger competitors and will focus on solving the "hard problems." KEYW's operating philosophy is to be responsive, agile, and focused on solving customer's difficult problems. KEYW's core capabilities include: hardware and software development, systems engineering and integration, test and evaluation, field support, computer and network operations, information security and specialized training, collaboration and workflow, service-oriented architectures and complex event processing and data acquisitions, embedded systems and network protocols.

For more information, visit www.keywcorp.com 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.

SOURCE: Globecomm Systems Inc.

CONTACT: Globecomm Systems Inc. David Hershberg, 631-231-9800 Chairman and Chief Executive Officer or Matthew Byron, 631-457-1301 Vice President, Corporate Office ir@globecommsystems.com
www.globecommsystems.com.

Copyright Business Wire 2009

For more information on Globecomm Systems Inc., go to:
http://www.globecommsystems.com



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