Comtech Telecommunications Corp. Receives $3.6 Million Contract Award for High-Power Amplifiers for Medical Application
MELVILLE, N.Y.--(BUSINESS WIRE)--
May 3, 2012--Comtech Telecommunications Corp. (Nasdaq:CMTL) announced
today that its New York-based subsidiary, Comtech PST Corp., has
received a follow-on contract award valued at $3.6 million for
solid-state, high-power RF amplifiers from a major domestic medical
instrumentation provider.
These amplifiers are used by the world's largest supplier of
image-guided radiotherapy ("IGRT") and image-guided intensity modulated
radiation therapy ("IMRT") medical equipment providing state-of-the-art
solutions for the treatment of cancer. These advanced forms of treatment
deliver versatile complex doses of radiation at greater speed and
accuracy thereby minimizing damage to surrounding healthy tissue.
Fred Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp., said, "This significant order demonstrates
Comtech's technical strength in delivering solid-state, high-power RF
amplifiers for medical systems. We believe the medical market for our
amplifiers remains strong and we look forward to continuing to develop
innovative products to address this important market."
Comtech PST Corp. (www.comtechpst.com)
is a leading independent supplier of broadband, high-power, high
performance RF microwave amplifiers for use in a broad spectrum of
applications including defense, medical, satellite communications
systems and instrumentation.
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.
PCMTL
Media: Michael D. Porcelain, Senior Vice President and Chief
Financial Officer 631-962-7000 Info@comtechtel.com