Comtech Telecommunications Corp. Secures $4.5 Million Agreement for Navigation and Telematics
Services
March 1, 2017 -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that during its third quarter of fiscal 2017,
the Company’s Commercial Solutions segment has received a $4.5 million multi-year contract agreement from a major mobile network
operator in the Republic of China for use of the Company’s navigation and telematics APIs via their Location Studio Platform.
“This is an exciting partnership that expands the global footprint of our Location Studio Platform,” said Fred Kornberg,
President and Chief Executive Officer of Comtech Telecommunications Corp. “We are continuing to see demand for mobile and IoT-based
location solutions as well as navigation and telematics technologies and believe that our platform will play a major role in the
adoption of these technologies throughout the world.”
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:
Michael D. Porcelain, Senior Vice President and Chief Financial Officer
631-962-7000
info@comtechtel.com
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