MELVILLE, N.Y. –
March 26, 2018 — Comtech Telecommunications Corp. (Nasdaq:CMTL)
announced today that during its third quarter of fiscal 2018, Comtech’s
Enterprise Technologies group, which is part of its Commercial Solutions
segment, has received a $1.4 million funded order from a major U.S.
mobile network operator for the supply of Location-Based
Services (LBS) software. The order is part of a multi-year
development, deployment and support contract that expands the suite of
products and services that Comtech has been providing over the past
decade.
“This latest order from a major network operator validates our
continuing role as a trusted, global provider of premiere LBS solutions
to the mobile industry,” said Fred Kornberg, President and Chief
Executive Officer of Comtech Telecommunications Corp. “We are
appreciative of our long-term business relationship with this customer
and are dedicated to meeting and exceeding their expectations now and
into the future.”
Comtech Telecommunications Corp. designs, develops, produces and markets
innovative products, systems and services for advanced communications
solutions. The Company sells products to a diverse customer base in the
global commercial and government communications markets.
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.
PCMTL
View source version on businesswire.com: https://www.businesswire.com/news/home/20180326005153/en/
Media:
Michael D. Porcelain, Senior Vice President and Chief
Financial Officer
631-962-7000
[email protected]
