MELVILLE, N.Y. –
May 30, 2018– Comtech Telecommunications Corp. (Nasdaq: CMTL) announced
today that during its third quarter of fiscal 2018, its Enterprise
Technologies group, which is part of Comtech’s Commercial Solutions
segment, has received a professional services renewal agreement worth
$1.6 million from a leading automotive market provider for various
location-based services.
“Comtech has a rich history of providing reliable next-generation
navigation, telematics and location-based services to the automotive
market. Our specialized solutions can be customized to fit a brand’s
unique customer experience while minimizing the up-front investments
required to develop new products and services,” said Fred Kornberg,
President and Chief Executive Officer of Comtech Telecommunications
Corp. “We are very pleased to continue this relationship that spans more
than 17 years, growing our footprint in the automotive industry while
enabling the improvement of the driver experience and development of
next generation vehicles.”
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
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Media Contact:
Michael D. Porcelain, Senior Vice President and
Chief Financial Officer
631-962-7000
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