Distance-Learning Curriculum is the First On-line Content to be Offered By
Globecomm Systems and NetSat to Its Customers
HAUPPAUGE, N.Y., Oct. 22 /PRNewswire/ --
Globecomm Systems Inc., (Nasdaq: GCOM), a leading global supplier of end-to-end solutions for satellite earth stations and networks, announced today that it has signed agreements with both Distance Learning, Inc. and ChildU, Inc., enabling Globecomm to offer high quality Internet-based educational content for resale by its customers.
Commenting on the agreements, David Hershberg, Chairman and CEO of Globecomm Systems, stated, "These are landmark partnerships for Globecomm Systems. As an end-to-end solutions provider, we saw both the opportunity and the need to make Internet-based content available to our ISP (Internet Service Providers) customers around the globe. Distance learning has become a fixed and highly successful part of the educational system and we are well positioned, with Internet access and satellite services we already provide, to facilitate the distribution of on-line content worldwide. This is just the beginning for us in providing on-line content to our customers as part of our total solutions package."
The agreements allow Globecomm Systems to immediately begin offering Internet-based educational courses for resale by its customers, which include large-enterprise ISPs, utilizing the Internet-via-satellite services of NetSat Express. The agreement with Distance Learning, Inc. will provide English language courses and the agreement with ChildU will offer curriculum for children. Globecomm expects the courses to be used by educational institutions, multi-national business and government agency end-users. Both agreements name Globecomm Systems as an exclusive distributor of the educational courses in certain countries.
"We view Globecomm Systems as a natural partner for our business," said John Cervieri, Chairman and CEO of Distance Learning. "They have the experience, infrastructure, and customer base to successfully bring DLI online schools and courses into emerging markets."
Distance Learning, Inc. is an Internet-Based Learning company that authors, hosts, and delivers English language training solutions for academic institutions, corporations, and governmental agencies around the world. DLI's broad range of products and services include highly acclaimed online English courses; customized online English schools; content, information and marketing services; and a sophisticated e-learning platform.
ChildU, Inc., is a leading provider of Internet-based curriculum and is focused on improving education through the use of innovative technology and the Internet. ChildU presently offers curriculum for grades K through 8. ChildU's "The Learning Odyssey" is a Web-based learning program designed for use in the classroom and as an "anytime, anywhere" tutor. ChildU, Inc. is a wholly own subsidiary of WRC Media, Inc., the world's largest supplemental education provider.
Globecomm Systems Inc. is an end-to-end satellite-based communications solutions provider. The Company's core business provides end-to-end value- added satellite-based communications solutions. This business supplies ground segment systems and networks for satellite-based communications including hardware and software to support a wide range of satellite systems. Its wholly owned subsidiary, NetSat Express provides end-to-end satellite-based Internet solutions including network connectivity, broadband connectivity to end users, Internet connectivity, Intranet extension, media distribution and other network services on a global basis. Both Globecomm Systems' and NetSat Express' customers include communication service providers, multinational corporations, Internet Service Providers, content providers and government entities.
Based in Hauppauge, New York, Globecomm Systems also maintains offices in Hong Kong and the United Kingdom.
For more information contact Globecomm Systems Inc., 45 Oser Avenue, Hauppauge, NY 11788-3816, USA. TEL: +1 631 231-9800, FAX: +1 631 231-1557; Email: info@globecommsystems.com ; Web: www.globecommsystems.com .
Company Contact: David E. Hershberg, Chairman and Chief Executive Officer, Globecomm Systems Inc., (631) 231-9800. Investor Relations: Marilynn Meek, +1-212-445-8451, or Peter Seltzberg, +1-212-445-8457, both of FRB/Weber Shandwick. Public Relations: Robert Schaefer, Robert Schaefer Inc., (631) 643-5466.
Certain of the statements contained in this press release may be deemed forward-looking statements. 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 include, but not are not limited to, whether or not the Company will provide additional on-line content to its customers, and the risks and other factors detailed, from time to time, in the Company's reports with the Securities and Exchange Commission, including, but not limited to, the Company's Annual Reports on form 10-K and its Quarterly Reports on Form 10-Q.
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