Comtech Telecommunications Corp. Awarded $1.7 Million of Orders for Next Generation High-Power Amplifiers and Switches
MELVILLE, N.Y., March 28, 2011 (GLOBE NEWSWIRE) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Melville, New York-based subsidiary, Comtech PST Corp., has received $1.7 million of orders from a domestic prime contractor to develop and manufacture next generation, solid-state, high-power radio signal jamming amplifiers and switches.
These products, which include the very latest solid-state transistor and switch technology and provide for very broad frequency coverage, will be key components in ground based jamming systems manufactured by our customer.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are very proud of our long-standing relationship with this premier supplier of electronic warfare systems to the U.S. Department of Defense. These orders are evidence of our well established technology leadership position with this customer. We look forward to the opportunity to develop these products and manufacture them in high volume in the future."
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, mobile data communications and RF microwave amplifiers. 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.
CONTACT: Media Contacts:
Michael D. Porcelain
Senior Vice President and Chief Financial Officer