Comtech Telecommunications Corp. Appoints Lawrence J. Waldman to Its Board of Directors
August 31, 2015 at 4:09 PM EDT
MELVILLE, N.Y.--(BUSINESS WIRE)--
August 31, 2015--Comtech Telecommunications Corp. (Nasdaq: CMTL), a
leading provider of products, systems and services for advanced
communications solutions, today announced that the Board of Directors
has appointed Lawrence J. Waldman as a Director and member of the Audit
Committee. Mr. Waldman's appointment increases the size of the Board to
seven members.
Mr. Waldman currently serves as a member of the Board of Directors of
Bovie Medical Corporation, a NYSE listed company where he currently
serves as Lead Independent Director and is Chairman of its Audit
Committee. Mr. Waldman also serves as a member of the Board of Directors
of Northstar/RXR Metro Income, Inc., an SEC registered non-traded real
estate investment trust and is also an advisor to the accounting firm of
EisnerAmper LLP. Mr. Waldman has held a variety of executive level
positions with public accounting firms including EisnerAmper LLP, Holtz
Rubenstein Reminick, LLP and KPMG LLP. Mr. Waldman is also a member of a
number of industry and civic boards including the Advanced Energy
Research Center at Stony Brook University and is a member of the State
University of New York's Board of Trustees.
"I welcome Larry Waldman to the Board of Directors and look forward to
the contributions he will make to the Company," said Fred Kornberg,
Executive Chairman of the Board of Directors of Comtech
Telecommunications Corp. "Larry's extensive experience serving as a
member of a variety of business, industry, and civic boards will allow
him to bring new perspectives to our Board."
"I am pleased that Larry has agreed to join our Board and I look forward
to tapping into his wealth of experience and expertise as we seek to
continue Comtech's long-standing history of creating value for all
stockholders," said Dr. Stanton Sloane, President and Chief Executive
Officer of Comtech.
Comtech Telecommunications Corp. designs, develops, produces and markets
innovative products, systems and services for advanced communications
solutions. The Company's solutions play a vital role in providing or
enhancing communication capabilities when terrestrial communications
infrastructure is unavailable, inefficient or too expensive. The Company
conducts business through three complementary segments:
telecommunications transmission, RF microwave amplifiers and mobile data
communications. The Company sells products to a diverse customer base in
the global commercial and government communications markets. The Company
believes it is a leader in most of the market segments that it serves.
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.