Comtech Telecommunications Corp. Receives Multi-Year Contract Award for Satellite Communications Equipment
MELVILLE, N.Y., Dec 9, 2004 (BUSINESS WIRE) -- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., received a multi-year contract award for satellite communications equipment to be deployed in security and defense networks in Europe. The initial order against this contract is for $1.6 million, with an overall award potential of up to $4 million through 2007.
This contract provides for the purchase of high performance satellite modems with an extended range of higher-order modulation, coding and advanced forward error correction techniques, including Turbo Product Coding, which significantly enhances coding gain and bandwidth efficiency, reducing overall transponder costs. This award includes both military and commercial bandwidth efficient satellite modems.
"This award illustrates Comtech's ability to provide innovative satellite communication solutions to global defense markets," said Fred Kornberg, president and chief executive officer of Comtech Telecommunications Corp.
Comtech EF Data Corp. manufactures a broad spectrum of Data and RF products for satellite communications, including Satellite Modems, Network Monitor and Control Software, TCP/IP Performance Enhancement Proxy, Converters, Solid State Power Amplifiers, Transceivers and Satellite Terminals. All products meet or exceed the standards published by Intelsat(R), Eutelsat, Insat, AsiaSat and other worldwide and regional satellite networks. Please visit www.comtechefdata.com for more information.
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 or Robert G. Rouse, 631-777-8900
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