Comtech Telecommunications Corp. Receives in Excess of $3 Million in New Orders for Satellite and Over-The-Horizon Communication Systems.Business & Technology Editors MELVILLE, N.Y.--(BUSINESS WIRE)--May 7, 2002 Comtech Telecommunications Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CMTL CMTL Chief Military Training Leader CMTL Center for Mathematics, Teaching and Learning ) announced today that its Comtech Systems, Inc. subsidiary has received in excess of $3 million in new orders for satellite and over-the-horizon communication systems. Included in the new orders are (i) a digital over-the-horizon microwave communication system for PEMEX Pemex officially Petróleos Mexicanos Mexico's state-owned oil company. In 1938 Pres. Lázaro Cárdenas nationalized 17 foreign oil companies to create Pemex, the largest Latin American petroleum company and a major world exporter of fossil fuel. , the national oil company of Mexico, (ii) a new over-the-horizon antenna facility for the Bahamas Telephone Company and (iii) C-Band 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 to be used in a large communications system In telecommunication, a communications system is a collection of individual communications networks, transmission systems, relay stations, tributary stations, and data terminal equipment (DTE) usually capable of interconnection and interoperation to form an integrated whole. being installed in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. by Alcatel Space Industries of France. Comtech Systems was selected to provide these systems largely due to its worldwide reputation for providing advanced satellite and over-the-horizon systems, its on-time record and the ability to meet stringent specifications. The C-Band CSAT transceivers are being supplied by Comtech Systems' sister company, Comtech EF Data Corp. Fred Kornberg, Chairman and Chief Executive Officer of Comtech Telecommunications Corp., said, "The receipt of these orders is continuing evidence of Comtech Systems' leadership position in the over-the-horizon microwave area. Our patented adaptive and fade-resistant modems, engineering capabilities and excellent track record of delivering sophisticated systems on-time establish Comtech as the supplier of choice for these systems." Comtech Systems, Inc. (www.comtechsystems.com), an Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. based company, specializes in system design, integration, supply and commissioning of turnkey communication systems including over-the-horizon microwave, satellite and line-of-sight microwave systems. Comtech Telecommunications Corp. (www.comtechtel.com) is an innovative player in the 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 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 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 275 distinct Comtech products are in service in more than 100 countries. To learn more about the Company, please visit the Company's website at www.comtechtel.com. 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. |
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