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Comtech Telecommunications Corp. Named to Deloitte & Touche Long Island Technology Fast 50 Award

October 3, 2000 at 12:00 AM EDT
Comtech Telecommunications Corp. Named to Deloitte & Touche Long Island Technology Fast 50 Award MELVILLE, NY - October 3, 2000 - Comtech Telecommunications Corp. (Nasdaq: CMTL) today announced that it has been named to the 2000 Long Island Technology Fast 50 by Deloitte & Touche.

Now in its fourth year on Long Island, the Technology Fast 50 program recognizes and celebrates the region's 50 fastest growing technology companies based on the percentage growth in revenues over a five year period (1995-1999).

Comtech's increase in revenue of 130.2% for the period placed it above the median with a 22nd ranking overall.

Fred Kornberg, President and CEO said "We are very pleased to have achieved this recognition for the second straight year. Our telecommunications segment has accounted for much of our growth, and with our recent acquisition of EFData, we anticipate this segment's momentum to continue."

Kornberg continued, "We believe strong growth will also come from our mobile datacom segment, which develops technology to track and communicate with mobile units. In short, I am thrilled about the future of Comtech."

For more information on the Deloitte & Touche Fast 50 program, visit www.Fast50.com.

Comtech Telecommunications Corp. is an innovative player in domestic and global high-technology markets. Through its operating units, Comtech pursues opportunities in three interrelated market segments: telecommunications transmission, RF microwave amplifiers, and mobile data communications services. In each of these segments, growth is driven by increasing demand for telecommunications infrastructure and network and messaging services. The company's specialties include the design and manufacture of advanced products and networks used for transmission of voice, data and video using satellite, over the horizon microwave, terrestrial line of sight and other wireless communications systems. More than 275 distinct Comtech products are in service in more than 100 countries.