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Comtech Telecommunications Corp. Receives $1.6 Million Order
for the Army National Guard's Acquisition of Movement Tracking
System Equipment
MELVILLE, N.Y., Oct 24, 2006 (BUSINESS WIRE) -- Comtech Telecommunications
Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary,
Comtech Mobile Datacom Corporation, received a $1.6 million order
under its Movement Tracking System, or MTS contract, with the
U.S. Army. The order is for the Army National Guard's acquisition
of MTS installation kits. Total orders received to date against
the $418.2 million U.S. Army logistics contract, including these
National Guard orders, increased to $328.9 million.
The $1.6 million order from the Army National Guard was funded
and issued pursuant to the recently enacted supplemental Army
National Guard and Army Reserve Equipment Plan. To date, orders
to Comtech from this supplement total $55.4 million.
The order is for the supply of installation kits to continue
the deployment of MTS equipment throughout the Army National Guard.
This order complements previous Army National Guard orders for
Comtech's next generation Model MT-2012 mobile satellite transceivers,
which feature embedded Radio Frequency Identification (RFID) and
secure Global Positioning System (GPS) capabilities. Comtech's
Model MT-2012 transceiver features Savi Technology's ISO-compliant
EchoPoint RFID Reader, which Savi also has deployed in the U.S.
Department of Defense's In-Transit Visibility (ITV) network.
Fred Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp., said, "We are pleased to have received
this follow-on order from the Army National Guard. The supplemental
funding bill will enable further deployment of our field-proven
technology used extensively by the U.S. Army and Army National
Guard in areas of conflict, such as Iraq and Afghanistan, to be
placed directly in the hands of the National Guard's first responders."
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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