MELVILLE, N.Y. –
July 24, 2019 — Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its fourth quarter of fiscal 2019, its Enterprise Technologies group, which is part of Comtech’s Commercial Solutions segment, has finalized a three-year contract agreement worth $3.1 million with a leading U.S. telecom organization for location-based services (“LBS”) platforms to support existing and new applications and services.
“Location technology continues to add tremendous value for our telecom and enterprise customers, allowing us to develop a number of long-term and collaborative customer relationships,” said Fred Kornberg, President and CEO of Comtech Telecommunications Corp. “We are happy to continue this long-standing relationship, providing continued access to accurate and secure location-based services for a number of existing mobile applications and those still in development.”
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电信公司设计、开发、生产和销售用于先进通信解决方案的创新产品、系统和服务。公司向全球商业和政府通信市场的不同客户群销售产品。
本新闻稿中的某些信息包含具有前瞻性的陈述，涉及某些重大风险和不确定性。实际结果可能与这些前瞻性信息有重大差异。公司提交的证券交易委员会文件指出了许多此类风险和不确定因素。本新闻稿中的任何前瞻性信息都受到该证券交易委员会文件中描述的风险和不确定性的限制。
PCMTL
View source version on businesswire.com: https://www.businesswire.com/news/home/20190724005181/en/
媒体：
Michael D. Porcelain，高级副总裁兼首席运营官
631-962-7000
[email protected]
