Comtech Receives $3.5 Million Order for Mobile Communications Equipment and Satellite Messaging and Location Services.Business Editors MELVILLE, N.Y.--(BUSINESS WIRE)--May 8, 2001 Second Large Equipment Order in Comtech's 8 Year, $418M MTS (1) See Microsoft Transaction Server. (2) (Modular TV System) The stereo channel added to the NTSC standard, which includes the SAP audio channel for special use. 1. MTS - Message Transport System. 2. Contract with U.S. Army Comtech Telecommunications Corp. (Nasdaq: CMTL CMTL Chief Military Training Leader CMTL Center for Mathematics, Teaching and Learning ) announced today that its Maryland subsidiary, Comtech Mobile Datacom Corp. received $3.5 million in new orders for equipment and services to be used in the U.S. Army's Movement Tracking System (MTS) program. This is the second large order received by Comtech under an eight-year contract that has a potential total value of $418 million. The new order covers delivery of satellite tracking and messaging equipment and installation hardware for approximately 400 additional Army logistics vehicles and mobile control stations, and it also includes the associated satellite-based communications services. Delivery of units is to begin in June. Previous orders under the contract have involved delivery and installation of approximately 500 systems. Col. Stephen Broughall, the Army's Project Manager for the MTS program, indicated that the system was beginning to make its capabilities felt in the fulfillment of the logistics' commands mission. "We have just completed two major and very successful training exercises, one involving the 4th Infantry Division at the National Training Center in Ft. Irwin, California, the other involving the Interim Brigade Combat Team The brigade combat team (BCT) is the basic deployable unit of maneuver in the US Army. A brigade combat team consists of one combat arms branched maneuver brigade, and its attached support and fire units. at Ft. Lewis, Washington. In both exercises, the MTS enabled field commanders to maintain continuous contact with their units in the field, and to respond in real time to the challenges that are a part of the logistician's everyday experience. This system is meeting our expectations and proving its worth," Col. Broughall said. Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications, said "The Company's MTS tracking and messaging system Software that provides an electronic mail delivery system. It is made up of the following functional components, which may be packaged together or independently. Mail User Agent offers the Army an easy-to-use system designed for long distance messaging with tracking of critical assets. The success of MTS in its first operational exercises should encourage the Army to accelerate its fielding of this transformation enabling system which will contribute to the achievement of the Army's Objective Force goal." Comtech Mobile Datacom Corp. (www.comtechmobile.com) (301-428-2100) a Germantown, Maryland-based company, is engaged in the provision of satellite-based packet data communication systems and services for the land transportation, remote sensing Deriving digital models of an area on the earth. Using special cameras from airplanes or satellites, either the sun's reflections or the earth's temperature is turned into digital maps of the area. , utility and aviation markets. Comtech Telecommunications Corp. (www.comtechtel.com) is an innovative player in the domestic and global high-technology markets. Through its operating units 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 , 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 mobile data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. 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 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 wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. systems. More than 275 distinct Comtech products are in service in more than 100 countries. Certain information contained herein contains forward-looking statements, including but not limited to, information relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future performance and financial condition of the Company, the plans and objectives of the Company's management and the company's assumptions regarding such performance and plans that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. Included among the factors which might cause such results to differ are: among others, the Company's mobile data communications business being in a developmental stage; our inability to keep pace with rapid technological changes; the highly competitive nature of our markets; our dependence on international sales; and other risk factors detailed in the company's form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other cautionary statements contained in the Company's Securities and Exchange Commission filings. |
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