C-Com Reports Increased Revenue & Profits in Second Quarter

C-COM Satellite Systems Inc., (TSX VENTURE:CMI) a leading global provider of
mobile auto-deploying satellite antenna systems, today announced financial
results for its second quarter ending May 31, 2013. 


The company is reporting a net profit of $966,997 or 2.8 cents per share
compared with results for the same period last year when there was a net profit
of $542,251, or 1.6 cent per share. The working capital of the company increased
by 19% to $16,975,564 at May 31, 2013 compared to $14,249,889 at May 31, 2012.


Revenues increased by 42% when compared with results from the same period last
year, when total revenues were $3,367,970. The operating profit increased to
$1,377,100, compared with the same period last year when the operating profit
was $603,814.


For the six months ended May 31, 2013 the company is reporting a net profit of
$1,874,299 or 5.4 cents per share compared with results for the same period last
year when there was a net profit of $825,911, or 2.4 cent per share. Revenues
increased by 46% for the six months ended May 31, 2013 to $8,725,257 compared
with results from the same period last year when total revenues were $5,979,956.
The operating profit increased to $2,452,032 for the period ended May 31, 2013
compared with the same period last year when the operating profit was $973,839.


"We are very pleased with the second quarter results, which reaffirm strong
customer support for all of our products. C-COM is one of the first mobile
antenna manufacturers that started delivering its next generation iNetVu(R)
Ka-band mobile antennas to customers in the US, Europe the Middle East and
Africa. We are the only company in the world to date with antenna approvals for
this technology from all of the major Ka satellite providers and we expect to
remain the market leader in this rapidly expanding sector."


The company continues to be free of long term debt with a significant cash
position" said Leslie Klein, President and CEO of C-COM Satellite Systems Inc.


The Company also announced the payment of an eligible dividend in the amount of
$0.01 per common share payable on August 6, 2013 to all shareholders of record
as of July 23, 2013. Based on its closing price of $1.27 per share on July 8,
2013, this quarterly dividend would provide a yield of 3.15% on an annualized
basis. This dividend is part of the Company's ongoing practice of returning
value to its shareholders through a quarterly dividend.


The C-COM iNetVu(R) mobile proprietary antennas, and services associated with
these products, are used in mobile applications by corporations, government
agencies, the military, law enforcement agencies, homeland security, utility
vehicles, oil and gas platforms, police, fire, medical 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(R)) antenna that allows the
delivery of high-speed satellite based Internet services into vehicles while
stationary virtually anywhere where one can drive. The iNetVu(R) 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(R) is a registered trademark of C-COM Satellite Systems Inc. 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. 


Forward Looking Statements 

This news release contains forward-looking information. These statements relate
to future events or future performance and reflect management's current
expectations and assumptions. A number of factors could cause actual events,
performance or results to differ materially from the events, performance and
results discussed in the forward-looking statements. New orders anticipated by
C-COM Satellite Systems Inc. may not be received and current orders may be
cancelled. New products and services released may not gain market acceptance.
Any of those events could have an effect on future performance and C-COM
Satellite Systems Inc.'s ability to achieve the results mentioned above. These
forward-looking statements are made as of the date hereof and C-COM Satellite
Systems Inc. does not assume any obligation to update or revise them to reflect
new events or circumstances.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor Relations
C-COM Satellite Systems Inc.
(613) 745-4110 ext. 4950
(613) 745-1172 (FAX)
lklein@c-comsat.com
C Com Satellite Systems (TSXV:CMI)
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