Comtech Telecommunications Corp. Receives $1.4 Million Movement Tracking System Order for RFID Upgrade
March 30, 2010 at 10:01 AM EDT
MELVILLE, N.Y., Mar 30, 2010 (GlobeNewswire via COMTEX News Network) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received an order totaling $1.4 million under its Movement Tracking System, or MTS contract, with the U.S. Army. Total orders received to date against the $605.1 million MTS contract increased to $595.2 million.
The order is Phase II of ongoing efforts to complete migration of all RFID processes to the new international standard ISO/IEC 18000-7. Whereas Phase I migration efforts involved modifications to the transceiver's firmware to enable it to read RFID tags operating under the ISO 18000-7 standard, Phase II encompasses modifications to the MTS platform application program, network, and other interfaces. Upon completion of the migration, the MTS mobile RFID capability
will extend to all active RFID tags built to comply with the international
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are pleased to have received this order to upgrade the MTS Program's mobile RFID capability. The U.S. Army logisticians face a steep challenge associated with tracking critical equipment as our forces continually shift to and from Iraq and Afghanistan, and other locations. This new RFID capability will enable the Army to more broadly identify and track assets. We look forward to working with the program office in testing and fielding this milestone enhancement."
Comtech Mobile Datacom Corporation, a Germantown, Maryland-based company, is engaged in the provision of satellite-based packet data communication systems and location and messaging services through the use of advanced communication and network technology. To learn more about Comtech Mobile Datacom, please
visit the company's website at www.comtechmobile.com.
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: Comtech Telecommunications Corp.
Michael D. Porcelain, Senior Vice President
and Chief Financial Officer
Jerome Kapelus, Senior Vice President,
Strategy and Business Development
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