MELVILLE, N.Y. –
November 14, 2017— Comtech Telecommunications Corp. (Nasdaq:
CMTL) announced today that during its first quarter of fiscal 2018, its
Safety and Security and Enterprise Technologies groups, both of which
are part of Comtech’s Commercial Solutions segment, have been awarded
three five-year contracts with an aggregate value of approximately $22.4
million.
The contracts, which were awarded by a major U.S. telecommunications
company, provide for the installation, ongoing service and related
maintenance of Next Generation 9-1-1 public safety Call Handling and
Emergency Services IP Network (ESInet) solutions for multiple local,
state, and federal government customers. Each of these three contract
awards have an initial performance period of two years and provide for
three annual option periods. In connection with these contract awards,
Comtech received initial funded orders aggregating approximately $8.3
million.
“Public safety agencies across the United States are adopting more
modern technologies such as IP-based communications including text, data
and photos that enhance the speed and accuracy of first responders,”
said Fred Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp. “We are pleased that we have been selected to
continue to provide this major U.S. telecommunications company with
public safety solutions for their end customers and look forward to
working with our customer for many years ahead.”
Comtech Telecommunications Corp. progetta, sviluppa, produce e commercializza
prodotti, sistemi e servizi innovativi per soluzioni di comunicazione
soluzioni di comunicazione avanzate. L'azienda vende i suoi prodotti a una base di clienti diversificata nei mercati delle comunicazioni
mercati globali delle comunicazioni commerciali e governative.
Alcune informazioni contenute in questo comunicato stampa contengono dichiarazioni che sono
che sono di natura previsionale e comportano alcuni rischi e incertezze significativi.
incertezze. I risultati effettivi potrebbero differire materialmente da tali
informazioni previsionali. I documenti della Commissione per i Titoli e gli Scambi della Società
Commissione della Società identificano molti di questi rischi e incertezze. Qualsiasi
informazioni previsionali contenute nel presente comunicato stampa sono qualificate nella loro
interamente dai rischi e dalle incertezze descritti in tali documenti della Commissione per i Titoli e gli Scambi.
Commissione di Borsa.
PCMTL
View source version on businesswire.com: http://www.businesswire.com/news/home/20171114005447/en/
Media:
Michael D. Porcellana, Vicepresidente senior e Direttore finanziario
Finanziario
631-962-7000
[email protected]
