In June 2001, Globecomm Systems Inc. (NASDAQ: GCOM) completed the acquisition of all shares of NetSat Express Inc. and combined the operations of the two companies. The acquisition of NetSat Express strengthens Globecomm Systems' position as a world leader in innovative, end-to-end satellite based communications and Internet solutions. The NetSat Express business operations and service and product offerings have already been successfully integrated into Globecomm Systems Inc.