C-COM Satellite Systems Inc.
TSX VENTURE : CMI

C-COM Satellite Systems Inc.

December 07, 2007 16:00 ET

C-COM Announces Issuance of Stock Options

OTTAWA, ONTARIO--(Marketwire - Dec. 7, 2007) - 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 200,000 common shares of C-COM to a director and officer of C-COM. The stock options were granted pursuant to the terms of C-COM's stock option plan. Such options are exercisable at $0.415per share. These grants form 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.

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