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Friday, May 01, 2009
C-COM Announces Issuance of Stock Options
Comtex
OTTAWA, ONTARIO, May 01, 2009 (MARKET WIRE via COMTEX) ----C-COM Satellite Systems Inc. (TSX VENTURE: CMI) today announced, pursuant to the requirements of the TSX Venture Exchange, that it has granted options to purchase 150,000 common shares of C-COM to officers and directors of C-COM. The stock options were granted pursuant to the terms of C-COM's stock option plan and are exercisable at $0.28 per share. This grant forms part of a total remuneration package. Stock option grants are subject to necessary regulatory approvals.
About C-COM Satellite Systems, Inc.
C-COM Satellite Systems Inc. is a leader in the development and deployment of mobile satellite-based technology for the delivery of two-way high-speed Internet services into vehicles and mobile structures. The C-COM developed proprietary auto-deploy (iNetVu(TM)) Antenna Systems deliver satellite broadband Internet services into mobile environments, while stationary; virtually anywhere where one can drive. The iNetVu Mobile antennas can also be deployed from flyaway and transportable platforms.
The iNetVu Mobile uses a standard 12 Volt DC power source. It can be activated with a simple push of a button or with a click of the mouse, deploys automatically, locks on to the selected satellite in a few minutes and delivers 2 way broadband Internet access, VoIP and Video services virtually anywhere in the world. For additional information please visit www.c-comsat.com
iNetVu(TM) is a registered trademark of C-COM Satellite Systems Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: C-COM Satellite Systems Inc. Investor Relations 613-745-4110 ext. 4950 613-745-1172 (FAX) lklein@c-comsat.com www.c-comsat.com
SOURCE: C-COM Satellite Systems Inc.
mailto:lklein@c-comsat.com http://www.c-comsat.com
Copyright 2009 Market Wire, All rights reserved.
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