Comtech Telecommunications Corp. Receives $8.7 Million of Movement Tracking System...
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Comtech Telecommunications Corp. Receives $8.7 Million of Movement Tracking
System Orders
MELVILLE, N.Y., April 10, 2008 (PRIME NEWSWIRE) -- Comtech Telecommunications
Corp. (Nasdaq:CMTL) announced today that its Maryland-based subsidiary, Comtech
Mobile Datacom Corporation, received orders totaling $8.7 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 $84.9
million.
The orders are for the supply of MTS systems, which feature Comtech's Model
MT-2012 mobile satellite transceivers integrated with both ruggedized and
control station computers, engineering and technical support to provide upgrades
and enhancements to the MTS network, installation kits, program management,
miscellaneous hardware, and technical services to support ongoing MTS program
operations in the United States and abroad. Comtech's Model MT-2012 transceiver
features 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 orders further demonstrate the importance our products
and technical support services play in this important program, and we look
forward to supporting future MTS program requirements."
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 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
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CONTACT: Comtech Telecommunications Corp.
Robert G. Rouse, Executive Vice President and
Chief Operating Officer
Jerome Kapelus, Senior Vice President,
Strategy and Business Development
(631) 962-7000
Info@comtechtel.com
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