MELVILLE, N.Y.--(BUSINESS WIRE)--
July 20, 2015-- Comtech Telecommunications Corp. (NASDAQ:CMTL)
("Comtech") announced today that it is implementing certain
organizational changes in connection with an ongoing assessment of its
operations by its President and Chief Executive Officer, Dr. Stanton D.
Sloane.
To improve company-wide operating efficiencies and offer more innovative
and integrated solutions to our customers, Comtech will fully integrate
the activities and business of its Germantown, Maryland-based
subsidiary, Comtech Mobile Datacom Corporation, with its Tempe,
Arizona-based subsidiary, Comtech EF Data Corp. In addition, John
Branscum, President of Comtech Xicom Technology, Inc., will succeed
Robert McCollum, President of Comtech EF Data Corp., who will be
retiring on July 31, 2015. Mr. Branscum, who has more than 30 years of
industry experience, joined Comtech in 2008 and is well versed in its
company-wide business. In his new position, Mr. Branscum will continue
his oversight of Comtech Xicom Technology, Inc.
In announcing these changes, Dr. Sloane, President and Chief Executive
Officer, stated, "I believe that these organizational changes provide an
opportunity to improve operations in a way that will strengthen our
competitive position as we pursue new U.S. government and international
opportunities."
Dr. Sloane added, "I am very appreciative of Bob McCollum's
contributions to Comtech. Over the course of his fifteen years with the
Company, Bob has been instrumental in establishing Comtech as a leading
provider of satellite earth station equipment. We wish him the best in
his retirement."
About Comtech
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. The Company
believes it is a leader in most of the market segments that it serves.
Forward-Looking Statements
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.