Comtech Telecommunications Corp. Announces Contract Renewal Worth $2.3 Million with Leading Telecom Company

MELVILLE, N.Y. –
January 16, 2020– Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure and highly reliable location, public safety, navigation, and communication technologies, announced today that during its second quarter of fiscal 2020, its Location Technologies group, a division of Comtech’s Commercial Solutions segment, has executed a three-year agreement worth $2.3 million for deployed location-based services (“LBS”) platforms with a leading U.S. telecom organization 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 Chief Executive Officer 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.”

康泰科电信公司的定位技术部是一家为公共安全和企业解决方案提供精确设备定位、地图和信息传递解决方案的领先供应商。我们的平台定位、测绘、跟踪和发送信息,销往世界各地的移动网络运营商、政府机构和财富100强企业。欲了解更多信息,请访问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

媒体:

Michael D. Porcelain,高级副总裁兼首席运营官

631-962-7000

[email protected]

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