Satellite Svc co. gets $5.7 mn deal

HAUPPAUGE, NEW YORK: Globecomm Systems Inc., a provider of satellite-based communications infrastructure solutions and services has announced that the Company has received a contract from a major media & entertainment company in Asia valued at $5.7 million.

Pursuant to the contract, Globecomm will design and install on a turnkey basis broadcast infrastructure enabling the customer to expand its existing subscription - based direct-to-home satellite service.

The turnkey project also includes Globecomm’s AxxSys Orion satellite network management system, which will enable the customer to control all aspects of the installed infrastructure including diversity. The Company anticipates the completion of the contract in the Company’s fiscal 2010 third quarter ending March 31, 2010, as shared in a press release.