Comtech Telecommunications Corp. Announces $3.3 Million Location-Based Service Maintenance and Support Contract
MELVILLE, N.Y.--(BUSINESS WIRE)--
February 13, 2017-- Comtech Telecommunications Corp. (Nasdaq: CMTL)
announced today that during the second quarter of fiscal 2017, its
Commercial Solutions segment has received a contractual agreement from a
global mobile network operator worth $3.3 million for maintenance and
support services that will address a range of location-based services
(LBS) platforms.
Fred Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp., said, "As we continue into the new year,
Comtech continues to move projects forward and engage in new business
opportunities. We are pleased to announce this agreement, and anticipate
rising demand for advanced and reliable end-to-end LBS applications as
the proliferation of mobile and the IoT increases."
Comtech Telecommunications Corp. designs, develops, produces and markets
innovative products, systems and services for advanced communications
solutions. The Company sells products to a diverse customer base in the
global commercial and government communications markets.
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.