C-COM Satellite Systems Inc. (TSXV: CMI; US – OTC: CYSNF) today announced, pursuant to the requirements of the TSX Venture Exchange, that it has granted options to purchase 500,000 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 $1.50 per share. These grants form part of the overall annual remuneration package for the company’s directors and officers. 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®) 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 antennas have also been adapted to be airline checkable and easily transportable. 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.
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