Comtech Telecommunications Corp. Receives $18.0 Million of Additional Orders for Its Mobile Data Communications Products
November 9, 2004 at 9:00 AM EST
MELVILLE, N.Y., Nov 9, 2004 (BUSINESS WIRE) -- Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corp., has recently received $18.0 million of additional orders for mobile satellite transceivers, ruggedized computers, installation, training and support services relating to the Movement Tracking System, or MTS, contract with the U.S. Army Logistics Command.
These orders bring the total orders to-date against the $418 million MTS contract to approximately $128.8 million. The majority of these orders will be delivered in the second and third quarters of fiscal 2005.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are once again very pleased at the strong demand for our products from the MTS program. The superior performance of our technology continues to be recognized as evidenced by the significant amount of new orders."
Comtech Mobile Datacom Corp., a Germantown, Maryland-based company, is engaged in the provision of satellite-based packet data communication systems and location and messaging services. 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 conducts its business through three complementary segments: telecommunications transmission, mobile data communications, and RF microwave amplifiers. The Company offers niche products, systems and services where it believes it has technological, engineering, systems design or other expertise that differentiate its product offerings.
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.
SOURCE: Comtech Telecommunications Corp.
Comtech Telecommunications Corp.
Fred Kornberg, 631/777-8900
Robert G. Rouse, 631/777-8900
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