C-COM Satellite Systems Inc.

C-COM Satellite Systems Inc.

August 19, 2005 15:00 ET

C-COM Announces Issuance of Stock Options

OTTAWA, ONTARIO--(CCNMatthews - Aug. 19, 2005) - 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 up to 130,000 common shares of C-COM to directors and officers of C-COM. The stock options were granted pursuant to the terms of C-COM's stock option plan and are exercisable at a price of $0.2025 per share. This grant of options is made as part of a performance incentive program at C-COM and 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 development and deployment of satellite-based technology that allows the delivery of high-speed Internet services to fixed (DIRECWAY®) and mobile (iNetVu™) users. The company's satellite-based systems deliver high-quality, cost-effective solutions for fixed and mobile applications throughout Canada, the United States, Mexico, Central America and the Caribbean. More information is available at: www.c-comsat.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • C-COM Satellite Systems Inc.
    Investor Relations
    (613) 745-4110 ext. 4950
    (613) 745-1172 (FAX)