MELVILLE, N.Y.--(BUSINESS WIRE)--
December 1, 2016--Comtech Telecommunications Corp. (Nasdaq:
CMTL) announced today that during its second quarter of fiscal 2017, the
Company's Commercial Solutions segment has received a renewal agreement
worth $2.8 million for use of its Xypoint® Location Platform
(XLP), providing precise location for a major mobile network operator.
"We are pleased to announce this renewal that will support the continued
roll out of services during the remainder of this three year agreement,"
said Fred Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp.
XLP is a standards-based solution suite that enables wireless carriers
to launch a variety of location-based services.
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.