Comtech Telecommunications Corp. Signs $3.5 Million Purchase Agreement with DIRECTV for New DVB-S2 Satcom Equipment
MELVILLE, N.Y., Apr 18, 2006 (BUSINESS WIRE) -- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., signed a volume purchase agreement with DIRECTV, Inc. The agreement is for a minimum of $3.5 million over two years and encompasses the purchase of DVB-S2 Broadcast Satellite Modulators and Redundancy Switches.
DIRECTV will deploy the Comtech EF Data DVB-S2 Modulators and 1:1 Redundancy Switches to power its new high-definition television (HDTV) uplink services. The Modulators are based on the emerging satellite transmission standard, DVB-S2. DVB-S2 extends the range of possible applications by combining the functionality of previous standards developed for the direct-to-home and professional environments. The broad range of modulation and coding formats of DVB-S2 enable link performance optimization - delivering on average 30% greater throughput when compared to DVB-S services.
"The bandwidth efficiencies offered by the DVB-S2-based Modulators will enable the cost effective delivery of the most technologically advanced form of digital television, HDTV," said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.
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, TCP/IP Performance Enhancement Proxies, Converters, Amplifiers, Transceivers and 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 / Robert G. Rouse, 631-777-8900