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Comtech Telecommunications Corp. Receives $33.4 Million
of Movement Tracking System Orders
MELVILLE, N.Y., Oct 7, 2009 (GlobeNewswire via COMTEX
News Network) -- Comtech Telecommunications Corp. (Nasdaq:CMTL)
announced today that its Maryland-based subsidiary,
Comtech Mobile Datacom Corporation, received orders
totaling $33.4 million under its Movement Tracking
System or MTS contract with the U.S. Army. Total orders
received to date against the $605.1 million MTS contract
increased to $582.2 million.
The orders are for the supply of a limited number
of V2 systems, which feature Comtech's Model MT-2012
mobile satellite transceivers, integrated with a Savi
Technology's ISO-compliant EchoPoint RFID Reader and
encrypted GPS module, with the bulk of the order for
the supply of newly designed in-vehicle installation
kits. These in-vehicle installation kits will be used
in connection with the upgrading of MTS ruggedized
computers in previously deployed MTS V2 systems. Additionally,
the order includes engineering and technical support
services, in support of ongoing MTS program activities
in the United States and abroad.
Fred Kornberg, President and Chief Executive Officer
of Comtech Telecommunications Corp. said, "We
value the leadership role we continue to play in upgrading
and enhancing MTS Program equipment. We are pleased
to have received these orders that further validate
the strategic importance of the MTS Program to the
U.S. Department of Defense."
Comtech Mobile Datacom Corporation, a Germantown,
Maryland-based company, is engaged in the provision
of satellite-based packet data communication systems
and location and messaging services through the use
of advanced communication and network technology. To
learn more about Comtech Mobile Datacom, please visit
the company's website at www.comtechmobile.com.
Comtech Telecommunications Corp. designs, develops,
produces and markets innovative products, systems and
services for advanced communications solutions. The
Company believes many of its solutions play a vital
role in providing or enhancing communication capabilities
when terrestrial communications infrastructure is unavailable
or ineffective. The Company conducts business through
three complementary segments: telecommunications transmission,
mobile data communications and RF microwave amplifiers.
The Company sells products to a diverse customer base
in the global commercial and government communications
markets. The Company believes it is a market leader
in the market segments that it serves.
Certain information in this press release contains
statements that are forward-looking in nature and involve
certain significant risks and uncertainties. Actual
results could differ materially from such forward-looking
information. The Company's Securities and Exchange
Commission filings identify many such risks and uncertainties.
Any forward-looking information in this press release
is qualified in its entirety by the risks and uncertainties
described in such Securities and Exchange Commission
filings.
MEDIA CONTACTS:
Michael D. Porcelain, Senior Vice President and Chief
Financial Officer
Jerome Kapelus, Senior Vice President, Strategy and
Business Development
(631) 962-7000
Info@comtechtel.com
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