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Comtech Telecommunications Corp. Receives $17.2 Million of Movement
Tracking System Orders for Mobile Satellite Terminal Equipment
MELVILLE, N.Y., Mar 08, 2007 (BUSINESS WIRE) -- Comtech Telecommunications
Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary,
Comtech Mobile Datacom Corporation, received orders totaling $17.2
million on its Movement Tracking System, or MTS contract, with
the U.S. Army. Total orders received to date against the $418.2
million MTS contract increased to $391.0 million.
The orders are for the supply of Comtech's MT-2012 mobile satellite
transceivers, ruggedized and control station computers, installation
kits and miscellaneous system components. 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.
Fred Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp., said, "We are very pleased to have received
these most recent MTS orders. These new orders further demonstrate
the importance our products play in meeting this critical program's
requirements."
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:
Robert G. Rouse, 631-962-7000
Executive Vice President and Chief Operating Officer
OR
Jerome Kapelus, 631-962-7000
Senior Vice President, Strategy and Business Development
Info@comtechtel.com
Copyright Business Wire 2007
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