Globecomm Awarded Multi-Year Agreement for a US Government Agency Valued at up to $9.0 Million; Options Bring Potential Total Contract Value up to $44.2 Million

July 20, 2010

Globecomm Systems Inc. announced that the Company’s wholly-owned subsidiary, Cachendo, has been awarded a one-year information technology (IT) support services agreement to support the U.S. Agency for International Development (USAID), valued at up to $9.0 million. Cachendo is a subcontractor to Catapult Technology, Ltd. under the terms set forth in the contract. The agreement includes options, which if exercised would bring the total contract value up to $44.2 million over 5 years.

The U.S. Agency for International Development administers the U.S. foreign assistance program providing economic and humanitarian assistance in more than 80 countries worldwide. Pursuant to the terms set forth in the contract, Cachendo will provide IT support services relating to website domains plus deployable IT support for Disaster Assistance Response Teams. This includes program management, operations and maintenance, systems development, communications and field operations support, IT equipment procurement, maintenance, storage, distribution, and network connectivity.

Bob DeLuca, President of Cachendo, said: "We are excited that USAID selected our team. We are looking forward to performing our duties to help execute critical humanitarian missions."