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(R)) and mobile (iNetVu(TM)) 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
FOR FURTHER INFORMATION PLEASE CONTACT:
C-COM Satellite Systems Inc.
613-745-4110 ext. 4950