Comtech Telecommunications Corp. Enhances Corporate Management Team
February 10, 2011 at 4:01 PM EST
MELVILLE, N.Y., Feb. 10, 2011 (GLOBE NEWSWIRE) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that Robert G. Rouse has rejoined the Company in a newly created position as Senior Vice President, Strategy and M&A. Mr. Rouse was previously the Company's Chief Operating Officer from March 2006 through August 2008 and served as its Chief Financial Officer from July 2001 through March 2006.
Comtech also announced that Jerome Kapelus, most recently Senior Vice President, Strategy and Business Development, has been appointed Senior Vice President, Corporate Development, and will focus his efforts on internal corporate development activities, including facilitating company-wide product and marketing synergies.
In announcing these changes, Fred Kornberg, Chairman and Chief Executive Officer of Comtech Telecommunications Corp., said, "Our focus on mergers and acquisitions has never been greater, and I believe these changes will allow us to continue our strong efforts in this area, as well as further capitalize on opportunities in our existing businesses."
Mr. Kornberg added, "I am pleased to welcome Rob back to the Company. Rob's deep knowledge of Comtech and broad range of talents and abilities will allow him to quickly and effectively work with the rest of Comtech's management team as we implement the Company's strategic plans."
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.
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