MELVILLE, N.Y. –
July 24, 2019 — Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its fourth quarter of fiscal 2019, its Enterprise Technologies group, which is part of Comtech’s Commercial Solutions segment, has finalized a three-year contract agreement worth $3.1 million with a leading U.S. telecom organization for location-based services (“LBS”) platforms to support existing and new applications and services.
“Location technology continues to add tremendous value for our telecom and enterprise customers, allowing us to develop a number of long-term and collaborative customer relationships,” said Fred Kornberg, President and CEO of Comtech Telecommunications Corp. “We are happy to continue this long-standing relationship, providing continued access to accurate and secure location-based services for a number of existing mobile applications and those still in development.”
The Enterprise Technologies group of Comtech Telecommunications Corp. is a leading provider of precise device location, mapping and messaging solutions. Sold around the world to mobile network operators, government agencies, and Fortune 100 enterprises, our platforms locate, map, track and message. For more information, visit www.comtechenterprise.com.
Comtech Telecommunications Corp. diseña, desarrolla, fabrica y comercializa productos, sistemas y servicios innovadores para soluciones de comunicaciones avanzadas. La empresa vende productos a una variada base de clientes en los mercados mundiales de comunicaciones comerciales y gubernamentales.
Cierta información contenida en este comunicado de prensa contiene afirmaciones que son de naturaleza prospectiva e implican ciertos riesgos e incertidumbres significativos. Los resultados reales podrían diferir sustancialmente de dicha información prospectiva. Los documentos presentados por la empresa ante la Securities and Exchange Commission identifican muchos de estos riesgos e incertidumbres. Cualquier información de carácter prospectivo contenida en este comunicado de prensa está sujeta en su totalidad a los riesgos e incertidumbres descritos en dichos documentos de la Comisión de Bolsa y Valores.
PCMTL
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Medios de comunicación:
Michael D. Porcelana, Vicepresidente Senior y Director de Operaciones
631-962-7000
[email protected]
