Comtech Telecommunications Corp. Announces $2.8 Million of Orders for High-Power Amplifiers
MELVILLE, N.Y., Nov. 9, 2011 (GLOBE NEWSWIRE) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Melville, New York-based subsidiary, Comtech PST Corp., received orders aggregating $2.8 million for high-power amplifiers addressing the needs of multiple customers for different applications.
The first order, from a major domestic OEM, requires Comtech's high-power amplifiers that will be used in a complex Identification Friend or Foe ("IFF") system to interrogate aircraft and determine their friend or foe status. The second order, also from a major domestic OEM, is for Comtech's broadband high-power amplifiers that will be used in a critical defense communications jamming system for a U.S. military customer.
In commenting on these orders, Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "These orders clearly demonstrate our leadership position in providing IFF and communications jamming technology and the ongoing need for our high-power broadband amplifiers that are utilized by major defense programs."
Comtech PST Corp. (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 defense, medical, satellite communications systems and instrumentation.
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, RF microwave amplifiers and mobile data communications. 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.
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.
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