BNET Industries

Market Cap:$163.0M
Last Fiscal Year Sales:$196.5M
  • Public
  • US
Dow Jones Description

Globecomm integrates satellite into your network applications in order to provide high-quality connection to the edge of the network, broadcast one-to-many, and support bandwidth-hungry applications. We do it by developing systems, offering lifecycle support for them, and by providing managed network communication services. Our core offerings are enhanced by the subsidiaries of the Globecomm Group of companies Cachendo, Mach6 and Telaurus which offer specialized services and extend our global network coverage and worldwide life cycle support. We specialize in providing total solutions that free you to focus on your core mission. whether it is telecommunications, broadcasting, retailing, serving constituents, maintaining security or projecting force. We deliver systems and services anywhere in the world, under any conditions. Whether it's a secure military application in a war zone or a highly-distributed retail data network under tight cost and schedule constraints, our worldwide team gets it done. Our company is built on a few core beliefs. We believe that satellite communications, properly integrated into today's complex applications and multimedia networks, can provide enormous value by extending your reach and allowing you to do more at a lower cost.

Globecomm CEO
David E. Hershberg
Number of Employees 316
Contact Information

45 Oser Ave

Hauppauge, New York 11788-3808

globecommsystem...

(631) 231-9800

NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220

Recent Events

  • Globecomm Systems Reports Fiscal 2010 First Quarter Financial Results

    11/04/09 - Financial Announcement - View Story

  • Globecomm to Introduce the TomCatTM X-Band Satellite Terminal for Tactical and Rapid-Response...

    10/14/09 - Product Announcement - View Story

  • Globecomm Systems Exercises $2.3 Million Contract Option by U.S. Army for Continued Production of Joint...

    10/22/09 - Joint Venture / Alliance - View Story

  • Market Report -- In Play GCOM

    9/24/09 - Joint Venture / Alliance - View Story

  • Globecomm Systems, Inc. F4Q09 (Qtr End 06/30/09) Earnings Call Transcript

    9/11/09 - Financial Announcement - View Story

  • Globecomm Systems Names Keith Hall President and Chief Operating Officer

    8/29/09 - Mgmt. Change Entering - President - View Story

  • Globecomm Systems Awarded a $2.0 Million Government Infrastructure Contract from a Major Global Organization

    8/11/09 - Joint Venture / Alliance - View Story

  • Globecomm Systems Awarded a $5.7 Million Infrastructure Contract from a Major Media & Entertainment Company...

    7/23/09 - Joint Venture / Alliance - View Story

  • Globecomm Systems Awarded a $3.6 Million Contract from a Global Organization for Multi-Media...

    7/09/09 - Joint Venture / Alliance - View Story

  • Globecomm Systems names new president, COO

    6/30/09 - Mgmt. Change Entering - COO - View Story

  • Globecomm Systems Acquires Telaurus Communications

    6/01/09 - Merger / Acquisition - View Story

News & Analysis

globecomm systems - All News and Analysis

Decision Makers

Name (plus bio) Position
David E. Hershberg Globecomm CEO
Jack Shaw President and Chief Executive Officer
Andrew C. Melfi Senior Vice President, CFO and Treasurer
Stephen Yablonski Chief Technology Officer
Bill Raney Senior Vice President
Paul Johnson Senior Vice President Contracts and Secretary
Thomas C Coyle Senior Vice President
Donald G. Woodring Vice President, Network & Sys Analysis
Dov Cydulkin Vice President of Globecomm's Asia Pacific Team
Matthew Byron Vice President, Corporate Office
Mike Plourde Vice President Government Programs
Paul Eterno Vice President Human Resources
Paul Knudsen Vice President of Globecomm's Eastern Atlantic Team
Stephen Wilson Vice President, Sales, America
Tom Parish Vice President, Broadcast Technology
Walter Scharpf Vice President, Intl Marketing
Kevin French Interview by Talksatellite Publisher
Fred DuGourd Manager, Marketing
Herman Fialkov Director

Board of Directors

Name (plus bio) Position
Harry L. Hutcherson Chairperson
A. Robert Towbin Board of Directors
Brian T. Maloney Board of Directors
C. J. Waylan Board of Directors
C.J. Waylan Board of Directors
Richard E. Caruso Board of Directors

David E. Hershberg founded the Company in 1994 and has been its Chief Executive Officer and Chairman of the Board of Directors since its inception. In addition, Mr. Hershberg is President of the Company effective September 2008. From 1976 to 1994, Mr. Hershberg was the President of Satellite Transmission Systems, Inc. (“STS”), a provider of satellite ground segment systems and networks, which he founded and which became a subsidiary of California Microwave, Inc. (“CMI”), and is currently part of Narda Satellite Networks, a subsidiary of L3 Communications Corporation. From 1990 to 1994, Mr. Hershberg also served as Group President of the Satellite Communications Group of CMI, where he also had responsibility for EFData, Inc., a manufacturer of satellite communications modems, and for Viasat Technology Corp., a manufacturer of communications systems that specialized in portable and mobile satellite communications equipment. Mr. Hershberg is a director of Primus Telecommunications Group, Inc., a telecommunications company providing long distance services. Mr. Hershberg holds a B.S. in Electrical Engineering from Rensselaer Polytechnic Institute, an M.S. in Electrical Engineering from Columbia University and an M.S. in Management Science from Stevens Institute of Technology.

Organization Position Status
Globecomm Systems Inc. Globecomm CEO Current
Globecomm Systems Inc. President Current
Primus Telecommunications Group, Inc. Director Current
Globecomm Systems Inc. Founder Former
Columbia University M.S. In Electrical Engineering Former
Rensselaer Polytechnic Institute B.S. In Electrical Engineering Former
Columbia University B.S. In Electrical Engineering Former

Organization Position Status
Globecomm Systems Inc. President and Chief Executive Officer Current
Globecomm Systems Inc. Board of Directors Current
SIRIUS XM Radio Inc. Board of Directors Current
Hughes Network Systems, LLC Chief Executive Officer Former
Institute of Electrical and Electronics Engineers, Inc. senior member Former
Hughes Network Systems, LLC Chairman Former
XM Satellite Radio Holdings, Inc. Board of Directors Former
Guidant Corporation Board of Directors Former
Purdue University B.S. In Electrical Engineering Former

Andrew C. Melfi, 55, has served as Vice President and Treasurer since September 1997 and as Chief Financial Officer since joining the Company in January 1996. From 1982 to 1995, he was the Controller of STS. Mr. Melfi holds an M.B.A. and a B.B.A. in Accounting from Dowling College.

Organization Position Status
Globecomm Systems Inc. Senior Vice President, CFO and Treasurer Current

Organization Position Status
Globecomm Systems Inc. Chief Technology Officer Current
Globecomm Systems Inc. Senior Vice President Sales and Marketing Current

Organization Position Status
Globecomm Systems Inc. Senior Vice President Current

Paul J. Johnson, 53, has served as Senior Vice President, Customer Relations and Contracts since November 2004. Prior to that time, he served as Vice President of Contracts since joining the Company in October 1996. He has served as Corporate Secretary since 1998. From 1991 to 1996, he was Director of Contracts for STS. Mr. Johnson holds a B.B.A. from St. Bonaventure University.

Organization Position Status
Globecomm Systems Inc. Senior Vice President Contracts and Secretary Current
Globecomm Systems Inc. Board of Directors Current

Thomas C. Coyle, 59, has served as Senior Vice President and General Manager of Globecomm Systems since June 2008 and, prior to that time, he served as Vice President and General Manager from 2003 to 2008. From 2001 to 2003 he served as Vice President of Managed Networks of Globecomm Systems and from 1999 to 2001 as Senior Director of Engineering of Globecomm Systems. From 1994 to 1998 he was Director of Systems Programs for STS. Prior to joining STS he was employed by Norden Systems, a division of United Technologies Corp. from 1972 to 1993 where he held positions as a Radar Systems Design Engineer, Engineering Manager and Program Manager. Mr. Coyle holds a B.S.E.E. from Hofstra University.

Organization Position Status
Globecomm Systems Inc. Senior Vice President Current

Donald G. Woodring, 60, has served as Vice President of Network and Systems Analysis since joining the Company as a founder in October 1994. Up until 2002 he also served as a Director of the Company. From 1982 to 1994, he was Vice President for System Analysis at SatelliteTransmission Systems (STS). From 1980 to 1982, he worked on military satellite communications systems for NATO at the SHAPE Technical Center in The Netherlands. Prior to that, from 1972 he worked on MILSATCOM research and development at the U.S. Naval Research Laboratory in Washington DC.

Organization Position Status
Globecomm Systems Inc. Vice President, Network & Sys Analysis Current

Organization Position Status
Globecomm Systems Inc. Vice President of Globecomm's Asia Pacific Team Current

Organization Position Status
Globecomm Systems Inc. Vice President, Corporate Office Current

Organization Position Status
Globecomm Systems Inc. Vice President Government Programs Current

Paul Eterno, 53, has served as Vice President of Human Resources of the Company since November 1999, and he served as Senior Director of Human Resources from 1998 to 1999. From 1997 to 1998, Mr. Eterno served as a consultant to the Company. From 1995 to 1997, he served as Senior Vice President of Human Resources for US Computer Group, a turnkey provider of computer service maintenance and products. Prior to that, he served most recently as Senior Director of Human Resources at STS, where he was employed from 1983 to 1995. Mr. Eterno holds a B.S. in Management from the New York Institute of Technology and an M.B.A. in Executive Management from St. John’s University.

Organization Position Status
Globecomm Systems Inc. Vice President Human Resources Current

Organization Position Status
Globecomm Systems Inc. Vice President of Globecomm's Eastern Atlantic Team Current

Organization Position Status
Globecomm Systems Inc. Vice President, Sales, America Current

Organization Position Status
Globecomm Systems Inc. Vice President, Broadcast Technology Current

Organization Position Status
Globecomm Systems Inc. Vice President, Intl Marketing Current

Organization Position Status
Globecomm Systems Inc. Interview by Talksatellite Publisher Current

Organization Position Status
Globecomm Systems Inc. Manager, Marketing Current

Harry L. Hutcherson, Jr. has been affiliated with Navigant Consulting, Inc. (formerly, Peterson Consulting) as an independent contract consultant providing financial analytical and business consulting on various large projects since 1992. From 1977 through 1992, Mr. Hutcherson was an audit partner of Arthur Andersen LLP. Mr. Hutcherson is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants, the Greater Washington Society of Certified Public Accountants and the Virginia State Society of Certified Public Accountants. Mr. Hutcherson holds a B.S. in Accounting from the University of Richmond.

Organization Position Status
Globecomm Systems Inc. Chairperson Current
American Institute of Certified Public Accountants Board of Directors Current
American Institute of Certified Public Accountants Member Current
University of Richmond B.S. In Accounting Former

Organization Position Status
North Fork Bancorporation, Inc. Member, Board of Directors Current
Globecomm Systems Inc. Board of Directors Current
C.E. Unterberg, Towbin Co-Chairman Former
C.E. Unterberg, Towbin Board of Directors Former
Gerber Scientific, Inc. Board of Directors Former
Dartmouth College B.A. Former

Brian T. Maloney has been Chief Executive Officer of Ygomi LLC, a private equity firm, beginning in October 2008. From May 2006 to January 2008, Mr. Maloney was President of Global Industries at Unisys Corporation, a worldwide information technology consulting services and solutions company. Prior to joining Unisys Corporation, Mr. Maloney was an independent consultant in the telecommunications industry from January 2005 to April 2006. From 2002 to September 2004, Mr. Maloney served as Chief Operating Officer for Perot Systems Corporation. From 1978 to 2002, Mr. Maloney held various positions with AT&T, most recently as Senior Vice President of AT&T, and as President and Chief Executive Officer of AT&T Solutions. Mr. Maloney received a B.S. in English from Hunter College and an M.A. in English from Columbia University.

Organization Position Status
Globecomm Systems Inc. Board of Directors Current
Perot Systems Corporation Chief Operating Officer Former
Columbia University M.A. In English Former
Hunter College of the City University of New York B.S. In English Former

C. J. Waylan acts as an advisor to telecommunication and satellite companies. Dr. Waylan served as Executive Vice President for GTE Mobilnet and President of GTE Spacenet Corporation until his retirement in 1996. From 1996 to 1997, he was Executive Vice President of NextWave Telecom, Inc., a start-up provider of wireless communications and from 1997 to 2006, he was President and Chief Executive Officer of CCI International, NV, a mobile satellite communications company. He holds a B.S. from the University of Kansas as well as an M.S. in Electrical Engineering and a Ph.D. from the Naval Postgraduate School.

Organization Position Status
Globecomm Systems Inc. Board of Directors Current

Organization Position Status
Globecomm Systems Inc. Board of Directors Current

Herman Fialkov, a member of the Management Committee, has been an advisor to IET since 1996. He was founder and President of General Transistor Corporation, which he merged with General Instrument Corporation in 1960. There he established the pioneering large-scale integrated circuit division, later spun off as the present Microchip Technology, Inc. Later, as Senior Vice President for Corporate Development, he was instrumental in the acquisition of Jerrold Electronics, placing General Instrument in a leadership position in the emerging cable television market. He is a General Partner of PolyVentures, a Long Island, NY venture firm, that invests in startup and early stage technology ventures. From the 1960s to the present, as a General Partner of Geiger & Fialkov LP, PolyVentures, and as President of Aleph Null Corporation, Mr. Fialkov financed and helped develop many successful companies. He was among the founding investors in Intel and Teledyne. Other successful investments include Xynetics, Inc., which was sold to General Signal, which later spun out its components as Ultratech Stepper, and Electroglas, Inc. He was a founding or early stage investor in Standard Microsystems, Microsemi Corp., EIS International, DSP Group, DSP Communications, and OPAL. He was President and later Chairman of Standard Microsystems during its early growth period. Mr. Fialkov is an engineering graduate of New York University and is a trustee of Polytechnic University. He is a director of several corporations including Globecomm Systems Inc., and Primus Telecommunications Group, Inc.

Organization Position Status
The Island Partner Current
Integrated Environmental Technologies, LLC Advisor Current
Polytechnic University Trustee Current
Integrated Environmental Technologies, LLC Board of Directors Current
Globecomm Systems Inc. Director Current
Primus Telecommunications Group, Inc. Director Current
Integrated Environmental Technologies, LLC Member of the Management Committee Current
General Instrument Corporation President Former
General Instrument Corporation Founder Former
Microsemi Corporation Former
DSP Communications Former
Standard Microsystems Corporation Chairman Former
New York University Former

Richard E. Caruso has been Managing Director, Communications Industry of Tata Consulting Services, an information technology consulting and outsourcing company, since June 2008. From 2004 to 2008 Mr. Caurso was Managing Director, Technology, Communications & Media Industries of BearingPoint, Inc., a provider of business consulting, systems integration and managed services. From 2001 to 2003, Mr. Caruso was a Senior Partner at TechLeaders Consulting, LLC, an information technology staffing and consulting company. From 1999 to 2001, Mr. Caruso served as President of Hosting Solutions and Storage Networking at Nortel Networks Corporation, a global supplier of networking solutions and services that support the Internet. From 1994 to 1999, Mr. Caruso served as Vice President and General Manager of Solutions for IBM Global Telecom and Media Industries. From 1983 to 1994, Mr. Caruso held various positions with Bellcore, including Corporate Vice President of Industry Markets. Mr. Caruso holds a B.S. in Industrial Engineering from Rutgers University and an M.S. in Industrial Engineering from the New Jersey Institute of Technology.

Organization Position Status
Globecomm Systems Inc. Board of Directors Current
Techleaders Consulting Senior Partner Former
Bellcore Former
New Jersey & Company M.S. In Industrial Engineering Former
New Jersey Institute of Technology M.S. In Industrial Engineering Former
Rutgers University B.S. In Industrial Engineering Former

Executive News

  • Globecomm Systems Q4 Profit Plunges; Guides FY010 - Update

    RTTNews.com - 9/09/09 - View Story

  • Globecomm Systems Reports Fiscal 2009 Fourth Quarter and Fiscal Year 2009 Financial Results

    Business Wire - 9/09/09 - View Story

  • Globecomm Systems Names Keith Hall President and Chief Operating Officer

    NewsBlaze - 8/29/09 - View Story

  • Globecomm Systems Awarded a $2.0 Million Government Infrastructure Contract from a Major Global...

    Forbes.com - 8/11/09 - View Story

  • Globecomm Systems Awarded a $2.0 Million Government Infrastructure Contract from a Major Global Organization

    RBC Dain Raushcer - 8/11/09 - View Story

  • Globecomm Systems Awarded a $2.0 Million Government Infrastructure Contract from a Major Global Organization

    Business Wire - 8/11/09 - View Story

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     GCOM $7.81 0.00 (0.00% )
Average Volume 63,091
Shares Outstanding 20.88M
Market Cap 163.1M
Year High 8.57
Year Low 4.2
Earnings Per Share 0.19
P/E Ratio 41.11
Dividend N/A
Yield N/A
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