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Comtech Telecommunications Corp. Receives $47.4 Million
of Movement Tracking System Orders
MELVILLE, N.Y., Jul 13, 2010 (GlobeNewswire
via COMTEX News Network) -- Comtech Telecommunications
Corp. (Nasdaq:CMTL) announced today that its Maryland-based
subsidiary, Comtech Mobile Datacom Corporation, received
orders totaling $47.4 million under its Movement Tracking
System or MTS contract with the U.S. Army.
The multiple
service and equipment orders provide for supply of
satellite network operations management, program management,
installation, training, engineering and technical support
services, as well as the supply of MT-2012 satellite
transceivers, control station components, vehicle installation
kits, miscellaneous equipment items, and software licenses
to support the Army's move towards full adoption of
the RFID ISO 18000-7 standard. Comtech's MT-2012 transceiver
features the Savi Technology's ISO-compliant Echo Point
RFID Reader integrated with an encrypted GPS module.
Fred
Kornberg, President and Chief Executive Officer of
Comtech Telecommunications Corp., said, "Most
of these service orders support Comtech's continued
provision of the satellite network operations management,
program management, and technical support services
required to support the U.S. Army's MTS Program. Our
turn-key satellite tracking and communication systems
are the cornerstone of combat logistics operations,
and the additional equipment and engineering orders
further support that system's continued enhancement
and rapid fielding to our soldiers. We 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-based 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,
inefficient or too expensive. 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
This news release was distributed by GlobeNewswire,
www.globenewswire.com
SOURCE: Comtech Telecommunications Corp.
CONTACT: Comtech Telecommunications Corp.
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
(C) Copyright 2010 GlobeNewswire, Inc. All rights
reserved.
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