Comtech Telecommunications Corp. Announces Contract Renewal Worth $2.3 Million with Leading Telecom Company

MELVILLE, N.Y. –
January 16, 2020– Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure and highly reliable location, public safety, navigation, and communication technologies, announced today that during its second quarter of fiscal 2020, its Location Technologies group, a division of Comtech’s Commercial Solutions segment, has executed a three-year agreement worth $2.3 million for deployed location-based services (“LBS”) platforms with a leading U.S. telecom organization 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 Chief Executive Officer 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.”

El grupo Location Technologies de Comtech Telecommunications Corp. es un proveedor líder de soluciones precisas de localización de dispositivos, cartografía y mensajería para seguridad pública y soluciones empresariales. Vendidas en todo el mundo a operadores de redes móviles, organismos gubernamentales y empresas de Fortune 100, nuestras plataformas localizan, cartografían, rastrean y envían mensajes. Para más información, visite 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

Medios de comunicación:

Michael D. Porcelana, Vicepresidente Senior y Director de Operaciones

631-962-7000

[email protected]

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