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C-COM Announces Issuance of Stock Options OTTAWA, ONTARIO--(MARKET WIRE)--May 9, 2008 -- C-COM Satellite Systems Inc. (CDNX:CMI.V - News) today announced,
pursuant to the requirements of the TSX Venture Exchange,
that it has granted options to purchase 125,000 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. Such options are exercisable at $0.38 per 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 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(TM)) 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
Contact: Contacts:
C-COM Satellite Systems Inc.
Investor Relations
613-745-4110 ext. 4950
613-745-1172 (FAX)
lklein@c-comsat.com
http://www.c-comsat.com
Source: C-COM Satellite Systems Inc.
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