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Comtech Telecommunications Corp. Announces $1.0 Million Contract Award for Shortstop Amplifiers

April 23, 2002 at 12:00 AM EDT
Comtech Telecommunications Corp. Announces $1.0 Million Contract Award for Shortstop Amplifiers MELVILLE, NY - April 23, 2002 - Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that is has received a third follow-on contract valued at approximately $1.0 million for the production of solid state amplifiers used in the Condor Systems, Inc. Shortstop Electronic Protection System (SEPS).

Condor awarded the contract to Comtech's New York operating unit, Comtech PST Corp. It is the fourth award resulting from a 1998 joint development agreement between Condor and Comtech. Awards to date associated with the joint development agreement total approximately $5.1 million and additional awards are anticipated for the next three to five years.

Shortstop is a portable and silent system that creates an electronic signal that causes rocket artillery shells and mortar fitted with proximity fuses, to explode prematurely by falsely signaling that they have reached their target.

The U.S. Army, for urgent field deployments, for the last three years has used the Shortstop System. The Army and other government agencies have requested additional production which, if funded, would continue for three to five years at $5 million per year.

Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications, said the follow-on awards demonstrate the synergistic benefits of the 1998 joint venture agreement. "Participation in this program allows Comtech to showcase its technical capabilities," Mr. Kornberg said.

Condor Systems, Inc., is a privately held defense electronics firm headquartered in San Jose, California, and is a world leader in intelligence and electronic warfare systems and products.

About Comtech PST Corp.
Comtech PST Corp. (http://www.comtechpst.com) is a leading independent supplier of broadband high power high performance RF microwave amplifiers for use in a broad spectrum of applications including high power instrumentation, defense, medical, and satellite communications systems.

About Comtech Telecommunications Corp.
Comtech Telecommunications Corp. (Nasdaq: CMTL) is an innovative player in the 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.