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Comtech Telecommunications Corp. Receives $19.8 Million of Movement
Tracking System Orders for Mobile Satellite Terminal Equipment
MELVILLE, N.Y., Jun 17, 2008 (PrimeNewswire via COMTEX News
Network) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced
today that its Maryland-based subsidiary, Comtech Mobile Datacom
Corporation, received orders totaling $19.8 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 $120.4 million.
The orders are for the supply of MTS systems which feature Comtech's
Model MT-2012 mobile satellite transceivers integrated with control
station computers, additional MT-2012 mobile satellite transceivers,
installation kits, miscellaneous hardware, and field service support.
Comtech's Model MT-2012 Transceiver features Savi Technology's
ISO-compliant EchoPoint RFID Reader, as well as secure Global
Positioning System (GPS) capabilities. The orders are 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 are pleased to receive
these latest MTS orders, and look forward to supporting the future
communication requirements of the MTS Program and other critical
Department of Defense 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.
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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