Comtech Telecommunications Corp. Announces $3.3 Million Location-Based Service Maintenance and Support
Contract
February 13, 2017-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during the second quarter of fiscal
2017, its Commercial Solutions segment has received a contractual agreement from a global mobile network operator worth $3.3
million for maintenance and support services that will address a range of location-based services (LBS) platforms.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, “As we continue into the new
year, Comtech continues to move projects forward and engage in new business opportunities. We are pleased to announce this
agreement, and anticipate rising demand for advanced and reliable end-to-end LBS applications as the proliferation of mobile and
the IoT increases.”
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced
communications solutions. The Company sells products to a diverse customer base in the global commercial and government
communications markets.
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.
PCMTL
Media Contact:
Michael D. Porcelain, Senior Vice President and Chief Financial Officer
631-962-7000
info@comtechtel.com
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