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Comtech Telecommunications Corp. Receives $37.3 Million of Movement
Tracking System Orders against Recently Awarded $605.1 Million
MTS Contract
MELVILLE, N.Y., Sep 19, 2007 (BUSINESS WIRE) --
Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today
that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation,
has received orders totaling $37.3 million under its recently
awarded Movement Tracking System, or MTS contract, with the U.S.
Army. These orders are the first received against the new $605.1
million MTS contract.
The orders are for the supply of MTS systems which feature Comtech's
next generation Model MT-2012 mobile satellite transceivers integrated
with both ruggedized and control station computers, miscellaneous
hardware, installation kits, satellite network bandwidth, satellite
network operations, program management, and technical support
services. 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 have received
these initial orders against the new MTS contract for the continued
deployment of our technology. We look forward to our continuing
participation in the MTS Program and to supporting the future
communication requirements of other critical programs for the
Department of Defense"."
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.
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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