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Comtech Telecommunications Corp. Announces The Company Expects To Meet Fourth Quarter Fiscal 2002 Earnings Guidance

October 7, 2002 at 12:00 AM EDT
Comtech Telecommunications Corp. Announces The Company Expects To Meet Fourth Quarter Fiscal 2002 Earnings Guidance Melville, New York, October 7, 2002 - Comtech Telecommunications Corp. (Nasdaq: CMTL), Comtech Telecommunications Corp. (Nasdaq: CMTL), announced today that it expects to meet its fourth quarter fiscal 2002 earnings guidance of 5 to 7 cents, excluding the impact of a previously announced in-process research and development charge in connection with the purchase of certain assets and the assumption of certain liabilities of Advanced Hardware Architectures, Inc., when the Company releases its earnings on October 16, 2002.

The Company is issuing this press release in response to the significant increase in trading activity in the Company’s stock on Friday, October 4, 2002.

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 has been 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.