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Comtech Telecommunications Corp. Receives $9.5 Million of Movement
Tracking System Orders
MELVILLE, N.Y., Jan 29, 2007 (BUSINESS WIRE) -- Comtech Telecommunications
Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary,
Comtech Mobile Datacom Corporation, received orders totaling $9.5
million on its Movement Tracking System, or MTS contract, with
the U.S. Army. The total includes $8.9 million of MTS program
orders and $0.6 million in follow-on orders for the Army National
Guard's acquisition of MTS equipment and services. Total orders
received to date against the $418.2 million MTS contract increased
to $370.9 million.
The orders are for the supply of Comtech's MT-2012 mobile satellite
transceivers, ruggedized and control station computers, installation
kits and technical support services. Comtech's Model MT-2012 mobile
satellite transceivers feature embedded Radio Frequency Identification
(RFID) technology, including Savi Technology's ISO-compliant EchoPoint
RFID Reader, as well as secure Global Positioning System (GPS)
capabilities.
The Army National Guard orders are being funded pursuant to the
Supplemental Army National Guard and Army Reserve Equipment Plan.
Total orders received to date against the supplemental funding
bill increased to $55.9 million.
Fred Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp., said, "We are pleased to have received
orders for the continuing support of the U.S. Army MTS Program,
as well as the Army National Guard. Our field-proven technology
is used extensively by the Army National Guard's First Responders
and by the U.S. Army in areas of conflict, such as Iraq and Afghanistan.
We are proud of the critical role our technology continues to
play in these important programs."
Comtech Mobile Datacom Corporation, a Germantown, Maryland-based
company, is engaged in the provision of satellite-enhanced 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.
Savi Technology is a leading provider of supply chain management
and security solutions leveraging software and Automatic Identification
and Data Collection (AIDC) technologies, including Radio Frequency
Identification (RFID). Savi Technology is a wholly owned subsidiary
of Lockheed Martin Corporation (NYSE: LMT).
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.
PCMTL
SOURCE: Comtech Telecommunications Corp.
Media:
Comtech Telecommunications Corp.
Robert G. Rouse, Executive Vice President
and Chief Operating Officer
or
Jerome Kapelus, Senior Vice President,
Strategy and Business Development
631-962-7000
Info@comtechtel.com
Copyright Business Wire 2007
Copyright Business Wire 2007
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