Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today a strategic partnership with TodoCast, a comprehensive, interactive online video platform and media services company to combine TodoCast’s live Internet broadcast capabilities with Globecomm’s global satellite network and broadcast infrastructure to provide direct-to-consumer content distribution and monetization.
Globecomm is a leader in the design and integration of high quality satellite communication systems and services. Globecomm specializes in flawless cellular networks, satellite networks, broadcasting and content delivery systems with a global network of satellite teleports and fiber. Furthermore, Globecomm’s family of satellite communication products are field proven and represent the best of breed solutions for a multitude of applications.
Brian Morris, Senior Vice President, Media & Entertainment for Globecomm Systems Inc., said: “TodoCast offers Globecomm many new ways to expand our media services business. TodoCast’s platform gives us a high-quality, direct-to-consumer video streaming capability that provides content distribution anytime, on any device to support today’s robust media markets.”
TodoCast provides solutions that allow customers to create their own, branded broadcast networks to stream to the latest video device platforms. Viewers can watch live streams and interact with social networks on the web, Apple iPhones and iPads, Android phones and tablets, and connected TVs. TodoCast is also unique in its ability to provide many business model options for monetizing content with pay-per-view, subscription, advertising, etc. TodoCast’s broadcast suite includes TodoCast CenterStage, a comprehensive audience management platform; and TodoCast Connect, dedicated first-mile satellite connectivity.
Bryan Hill, CEO, TodoCast, said: “By combining TodoCast’s live streaming solution with Globecomm’s global satellite network and managed services capabilities, we are now able to provide the industry's most complete content distribution platform. Originating content from locations all over the world with Globecomm’s first mile satellite solution enables our customer to take their production on the road, guaranteeing reliable connectivity for more remote broadcasting opportunities.”
TodoCast is an interactive streaming platform and media services company for event producers, content owners and organizations looking to reach their fans with Live Internet Broadcasts. TodoCast offers a turnkey platform including satellite connectivity, audience management, interactive and social networking features and SD / HD distribution. TodoCast will monetize the content however the producer desires by offering sponsored, subscription and pay-per-view billing options, live or on demand. TodoCast distributes to TV’s, computers and smart phone platforms in HD picture quality. To learn more about TodoCast, visit www.todocast.tv.
To follow @TodoCast on Twitter, visit http://twitter.com/todocast.
About Globecomm Systems
Globecomm Systems Inc., (“we”, “our”, “us” or “Globecomm”), is a leading global communications solutions provider. Employing our expertise in emerging communication technologies, including satellite and other transport mediums, we are able to offer a comprehensive suite of system integration, system products, and network services enabling a complete end-to-end solution for our customers. We believe our integrated approach of in-house design and engineering expertise combined with a world-class global network and our 24 by 7 network operating centers provides us a unique competitive advantage. We focus this value proposition to selective vertical markets, including government, wireless, media, enterprise, and maritime. As a communications solutions provider we leverage our global network to provide customers managed access services to the United States Internet backbone, video content, the public switched telephone network or their corporate headquarters, or government offices. We currently have customers for which we are providing such services in the United States, Europe, South America, Africa, the Middle East, and Asia.
Based in Hauppauge, New York, Globecomm Systems also maintains offices in Maryland, New Jersey, Virginia, the Netherlands, South Africa, Hong Kong, Germany, Singapore, 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 Quarterly Report on 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.
Matthew Byron, 631-457-1301
Senior Vice President, Corporate Office
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