MELVILLE, N.Y. –
November 1, 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, was awarded a strategic multi-year contract valued at
approximately $5.5 million from a global telecommunications and media
company. Under this contract, Comtech will provide virtualized mobile
device location platforms supporting various location-based services
(“LBS”).
“This competitively awarded contract is an expansion of a long-standing
customer relationship and elevates our competitive position in the
telecommunications industry,” said Fred Kornberg, President and Chief
Executive Officer of Comtech Telecommunications Corp. “We remain
committed to staying ahead of the technology curve and look forward to
supporting the development of new and existing LBS offerings with this
customer for years to come.”
The Enterprise Technologies group of Comtech Telecommunications Corp. is
a leading provider of precise device location, mapping and messaging
solutions. Sold around the world to mobile network operators, government
agencies, and Fortune 100 enterprises, our platforms locate, map, track
and message. 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
View source version on businesswire.com: https://www.businesswire.com/news/home/20181101005226/en/
Media:
Michael D. Porcelain
Senior Vice President and
Chief Operating Officer
631-962-7000
[email protected]
