Comtech Telecommunications Corp. Awarded $3.2 Million Contract for SATCOM Equipment to Support Mobile Backhaul Network Expansion
MELVILLE, N.Y., Jan. 10, 2012 (GLOBE NEWSWIRE) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., was awarded a $3.2 million contract for satellite communications ground equipment. A mobile operator in Latin America will procure equipment against the contract to support satellite-based mobile backhaul network expansion projects.
The contract covers purchases of Comtech EF Data's advanced communication solutions, including modems and RF products. The Comtech EF Data products are designed and manufactured at the Tempe, Arizona plant. Based on technologies that provide satellite bandwidth efficiency and link optimization, the solutions reduce OPEX/CAPEX, optimize bandwidth and lower the total cost of ownership.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., noted, "This contract award is another example of Comtech's global leadership in supporting satellite-based mobile backhaul deployments."
Comtech EF Data Corp. manufactures a broad spectrum of satellite earth station communications products, including Satellite Modems, Bandwidth & Capacity Management, TCP/IP Performance Enhancement Proxies, Encapsulators, Receivers, Frequency Converters, Amplifiers, Transceivers and Terminals. All products meet or exceed the standards published by worldwide and regional satellite networks. Please visit www.comtechefdata.com for more information.
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, RF microwave amplifiers and mobile data communications. 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.
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