Comtech Telecommunications Corp. Receives Order for Satellite Communications Equipment From DIRECTV
MELVILLE, N.Y., Jan 16, 2007 (BUSINESS WIRE) -- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., received an order for approximately $1.0 million from DIRECTV. The order is a component of the previously announced volume purchase agreement for a minimum of $3.5 million over two years.
Included in the order were Comtech EF Data's DVB-S2 Modulators and 1:1 Redundancy Switches, which will be deployed to power DIRECTV's high-definition television (HDTV) uplink services. The Modulators are based on the emerging satellite transmission standard, DVB-S2, which enables link performance optimization.
In commenting on this award, Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are pleased to receive this order for our newest DVB-S2 products from the leader in digital satellite television entertainment services."
DIRECTV, Inc. is the nation's leading digital television service with more than 15 million customers. DIRECTV is a registered trademark of DIRECTV, Inc. DIRECTV (NYSE: DTV) is a world-leading provider of digital television entertainment services. DIRECTV is approximately 34 percent owned by News Corporation.
Comtech EF Data Corp. manufactures a broad spectrum of satellite communications products, including Satellite Modems, Bandwidth & Capacity Management, TCP/IP Performance Enhancement Proxies, Converters, Amplifiers, Transceivers and Terminals. All products meet or exceed the standards published by Intelsat®, 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 believes many of its solutions play a vital role in providing or enhancing communication capabilities when terrestrial communications infrastructure is unavailable or ineffective. The Company conducts business through three complementary segments: telecommunications transmission, mobile data communications and RF microwave amplifiers. 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.
SOURCE: Comtech Telecommunications Corp.
Comtech Telecommunications Corp.
Robert G. Rouse, Executive Vice President
and Chief Operating Officer