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Comtech Telecommunications Named to Forbes List of 200 Best Small Companies In America

October 17, 2000 at 12:00 AM EDT
Comtech Telecommunications Named to Forbes List of 200 Best Small Companies In America Melville, New York - October 17, 2000 - Comtech Telecommunications Corp. (Nasdaq: CMTL) , a leading provider of telecommunications transmission products and mobile data communications services, today announced that it has been named one of the "200 Best Small Companies in America" by Forbes Magazine.

Comtech ranked 131 overall on the Forbes list based on five year and twelve month return on equity, and five year sales and earnings per share growth. Comtech's 93% five year average EPS growth achieved a ranking of 19 overall in that category.

To be considered by Forbes for its 200 Best list, companies must have sales between $5 million and $350 million, and must have net income of greater than $1 million during the past four quarters.

Fred Kornberg, President and CEO of Comtech, said, "Our recognition by Forbes is a testament to our consistent and strong growth over the past five years. I want to thank our employees for their dedication and contribution to Comtech's success."

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.