MELVILLE, N.Y. –
October 8, 2018– Comtech Telecommunications Corp. (Nasdaq: CMTL)
announced today, that during its first quarter of fiscal 2019, its
Enterprise Technologies group, which is part of Comtech’s Commercial
Solutions segment has received a multi-year $1.9 million order from a
top U.S. telecom service provider for hosted data assistance services
that will further enable the delivery of value-added location-based
services.
“With our hosted data assistance systems, service providers have access
to location-optimized information to support Comtech services and
applications, thereby reducing impact of high capacity transactions on
their network,” said Fred Kornberg, President and CEO of Comtech
Telecommunications Corp. “This creates a number of opportunities to add
the benefit of location-based
services without effecting subscriber experience and throttling the
need for additional capacity for the service provider. We’re looking
forward to adding this service to an already successful, long-standing
customer relationship.”
The Enterprise Technologies group is a global leader in precise device
location and messaging platforms. Our fully virtualized and API
solutions are available to mobile network operators, enterprises, IoT
developers and automotive manufacturers. For more information, visit www.comtechenterprise.com.
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 Operating Officer
631-962-7000
[email protected]
