Comtech Telecommunications Corp. Receives $1.9 Million Product Order from Major U.S. Mobile Network Operator
MELVILLE, N.Y.--(BUSINESS WIRE)--
October 26, 2016--Comtech Telecommunications Corp. (Nasdaq:CMTL)
announced today that during the first quarter of fiscal 2017, its
Commercial Solutions segment has received a $1.9 million funded order
from a major U.S. mobile network operator for the supply of Location
Positioning products. The order is part of a multi-year development,
deployment and support contract and adds to the suite of products and
services that Comtech has been providing to this customer over the past
decade.
"We were selected for this opportunity based on our trusted advisor
status with this customer, and our global leadership in location based
services," said Fred Kornberg, President and Chief Executive Officer of
Comtech Telecommunications Corp. "We are very pleased to continue this
relationship, and to provide products and services that bring value to
this customer's operations, products and services."
Comtech Telecommunications Corp. designs, develops, produces and markets
innovative products, systems and services for advanced communications
solutions. The Company sells products to a diverse customer base in the
global commercial and government communications markets.
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.