Comtech Telecommunications Corp. Receives $3.8 Million of Orders From Middle East Service Provider for Advanced Location Platform
MELVILLE, N.Y.--(BUSINESS WIRE)--
January 18, 2018-- Comtech Telecommunications Corp. (Nasdaq: CMTL)
announced today that during its second quarter of fiscal 2018, its
Enterprise Technologies group, which is part of Comtech's Commercial
Solutions segment, has received $3.8 million of funded orders from a
major Middle East service provider for a complete suite of Location
Based Services (LBS) to be used to support multiple application
deployments, including mobile devices and Internet of Things (IoT).
Comtech's LBS platform supports the generation and distribution of
location information for both indoor and outdoor environments, enabling
the development of state-of-the-art LBS applications capable of locating
target subscribers in 2G, 3G and 4G networks.
"With this contract, we are further expanding Comtech's global footprint
as a trusted provider of highly accurate and secure location-based
services to the mobile and wireless technology industries," said Fred
Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp. "As mobile data traffic and capabilities
continue to grow in the Middle East region, we are now seeing a larger
demand for additional value-add services, such as LBS, and Comtech is
positioned to answer that need."
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.