Comtech Receives $10 Million Contract for South American Satellite Communications Network.Business Editors MELVILLE, N.Y.--(BUSINESS WIRE)--March 16, 2000 Comtech Telecommunications Corp. (Nasdaq: CMTL CMTL Chief Military Training Leader CMTL Center for Mathematics, Teaching and Learning ) announced today that its Florida based subsidiary, Comtech Systems, Inc., has been awarded a contract valued at more that $10 million by a major U. S. corporation to provide a satellite communications network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. in the Amazon region of Brazil. The Comtech network will be part of Brazil's countrywide surveillance and air traffic control system supplying data and voice traffic to and from remote areas. Comtech Systems Inc. has the prime system responsibility to supply a hub satellite earth station and a number of fixed remote and transportable satellite earth terminals. Delivery is to begin in June 2000 and continue for approximately two years. Comtech's Antenna Systems Inc., based in Florida, will supply 2.4-meter flyaway fly·a·way adj. 1. Made or worn loose or draped, as to allow or suggest fluttering in the wind: a flyaway coat; long, flyaway hair. 2. a. antennas for use by the system's transportable satellite earth terminals. Comtech Communications Corp. based in Arizona will provide redundant CSAT CSAT Center for Substance Abuse Treatment CSAT Customer Satisfaction CSAT Client Satisfaction CSAT Certified Sexual Addiction Therapist CSAT Combined Systems Acceptance Test CSAT Civil Service Arbitration Tribunal (United Kingdom) Transceivers and C-Band Up and Down Converters. As part of its execution of this project, as the systems contractor and integrator, the Comtech Systems operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon will also supply a system-wide digital router network and a network monitoring The term network monitoring describes the use of a system that constantly monitors a computer network for slow or failing systems and that notifies the network administrator in case of outages via email, pager or other alarms. and control system to monitor remote sites from the hub satellite earth station. Alcatel Brazil will provide field support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for the installation and acceptance testing in Brazil. Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications, said Raytheon's selection of Comtech reflects Comtech's expanding acceptance in the satellite systems and equipment market. "This is the first time that three operating units of Comtech have combined their capabilities to win and fulfill a single contract," Mr. Kornberg said. "It is fresh evidence of the ability of our subsidiaries to work together synergistically syn·er·gis·tic adj. 1. Of or relating to synergy: a synergistic effect. 2. Producing or capable of producing synergy: synergistic drugs. 3. to advance the growth of Comtech." Comtech Telecommunications Corp. is an innovative and increasingly significant player in domestic and global high-technology markets. Through its operating units, Comtech pursues opportunities in three interrelated in·ter·re·late tr. & intr.v. in·ter·re·lat·ed, in·ter·re·lat·ing, in·ter·re·lates To place in or come into mutual relationship. in market segments: telecommunications transmission, RF microwave amplifiers, and - newest and fastest growing of all - mobile data communications services. In each of these segments, growth is driven by increasing demand for telecommunications infrastructure and network and messaging services. The company's specialties include the design and manufacture of advanced products and networks used for transmission of voice, data and video using satellite, over the horizon microwave, terrestrial line of sight and other wireless communications systems. More than 250 distinct Comtech products are in service in more than 100 countries. Certain information contained herein includes information that is forward-looking. The matters referred to in forward-looking statements may be affected by the risks and uncertainties involved in the Company's business. These forward-looking statements are qualified in their entirety by the cautionary statements contained in the Company's Securities and Exchange Commission filings. |
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