MELVILLE, N.Y. –
July 11, 2018 — Comtech Telecommunications Corp. (Nasdaq: CMTL)
announced today that during its fourth quarter of fiscal 2018, its
Enterprise Technologies group, which is part of Comtech’s Commercial
Solutions segment, has been awarded a new contract agreement worth $1.9
million from a leading automotive manufacturer to develop a new
navigation product for two of its top vehicle programs, including
motorcycles.
“With this agreement, our turn-key navigation solution will be
introduced to an entirely new automotive segment and is included as a
lead product for this manufacturer supporting multiple languages and is
deployed globally across all major markets,” said Fred Kornberg,
President and Chief Executive Officer of Comtech Telecommunications
Corp. “It also represents a new stage of growth for our navigation and
mapping applications, made possible through our Location
Studio platform that has been a leading source of product
customization for OEMs across a number of vertical markets.”
The Enterprise Technologies group is a global leader in precise device
location and messaging platforms. Our fully virtualized and API
solutions are available to mobile network operators, enterprises, IoT
developers and automotive manufacturers. For more information, visit www.comtechenterprise.com.
Comtech Telecommunications Corp. diseña, desarrolla, produce y comercializa
productos, sistemas y servicios innovadores para soluciones
avanzadas. La empresa vende productos a una variada base de clientes en los
mercados mundiales de comunicaciones comerciales y gubernamentales.
Determinada información contenida en este comunicado de prensa contiene
naturaleza prospectiva e implican ciertos riesgos e incertidumbres significativos.
riesgos e incertidumbres. Los resultados reales podrían diferir
de dicha información prospectiva. Los documentos presentados por la
de Valores de la empresa identifican muchos de estos riesgos e incertidumbres. Cualquier información prospectiva de
Cualquier información prospectiva contenida en este comunicado de prensa está
riesgos e incertidumbres descritos en dichos documentos de la Securities and Exchange Commission.
Comisión de Bolsa y Valores.
PCMTL
View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005115/en/
Medios de comunicación:
Michael D. Porcelain, Senior Vice President and Chief
Financiero
631-962-7000
[email protected]