C-COM Satellite Systems Inc.
TSX VENTURE : CMI

C-COM Satellite Systems Inc.

April 30, 2007 10:13 ET

C-COM Reports Results for its First Quarter

OTTAWA, ONTARIO--(CCNMatthews - April 30, 2007) - C-COM Satellite Systems Inc. (TSX VENTURE:CMI) today announced revenues of $1,463,547 for the quarter ending February 28th, 2007, and a net profit of $31,307, compared with results from the same quarter last year, when total revenues were $1,473,764 and there was a net profit of $6,218.

"Although sales remained essentially flat in this quarter when compared to last year, we managed to increase our profitability. While the sales of fixed 2 way satellite based Internet services generated less revenue this quarter when compared to last year, we have recorded a significant increase in sales of our 2 way mobile airtime revenues. Sales of our flagship iNetVu Mobile platforms have also increased by 16% over the same period from last year.

This is the company's 12th consecutive profitable quarter. It continues to remain debt free with a significant cash position," said Leslie Klein, President and CEO of C-COM Satellite Systems Inc.

The C-COM iNetVu Mobile proprietary antennas, and services associated with these products, are used in mobile applications by corporations, government agencies, law enforcement agencies, homeland security, RV owners, mobile homes, construction trailers, utility vehicles, oil and gas platforms, police, fire and other security and emergency services with a need for affordable mobile 2-way high-speed Internet over Satellite connectivity.

About C-COM Satellite Systems, Inc.

C-COM Satellite Systems, Inc. is a leader in the development and deployment of commercial grade mobile satellite-based technology for the delivery of two-way high-speed Internet, VoIP and Video services into vehicles. C-COM has developed a unique proprietary Mobile auto-deploying (iNetVu™) antenna that allows the delivery of high-speed satellite based Internet services into vehicles while stationary virtually anywhere where one can drive. The iNetVu Mobile antenna has also been adapted to be deployable from transportable platforms. The company's satellite-based products and services deliver high-quality, cost-effective solutions for both fixed and mobile applications throughout the world. More information is available at: www.c-comsat.com

iNetVu™ is a registered trademark of C-COM Satellite Systems Inc.

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

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