Comtech Telecommunications Corp. Awarded $12.0M Orders From Multiple Customers for RF Microwave Power Amplifiers
June 14, 2010 at 10:00 AM EDT
MELVILLE, N.Y., Jun 14, 2010 (GlobeNewswire via COMTEX News Network) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Santa Clara, California-based subsidiary, Comtech Xicom Technology, Inc., received orders aggregating $12.0 million addressing the needs of multiple customers for different applications.
The first order was for $6.7 million and was for state-of-the-art high-power Ka-band frequency amplifiers addressing the rapidly growing broadband satellite services market. The second order was for $4.0 million for Ka-band products for commercial Direct-to-Home (DTH) satellite services. The third order, which was a follow-on order, was for $1.3 million and was for high-power amplifiers supporting strategic airborne combinations.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp. stated, "We believe the receipt of these orders is a validation of our one-stop shopping approach which allows our current and prospective customers to choose from an extensive portfolio of products used in a broad-array of applications and end-markets. We continue to demonstrate our ability to successfully offer innovative products to address the unique requirements of different customers."
Comtech Xicom Technology, Inc., a world leader in high-power amplifiers, manufactures a wide variety of tube-based and solid-state power amplifiers for military and commercial satellite uplink applications. The product range encompasses power levels from 8 W to 3 kW, with frequency coverage in sub-bands within the 2 GHz to 45 GHz spectrum. Amplifiers are available for fixed and ground-based, ship-board, and airborne mobile applications. Please visit www.xicomtech.com for more information.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company believes many of its 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, mobile data communications and RF microwave amplifiers. The Company sells products to a diverse customer base in the global commercial and government communications markets. The Company believes it is a market leader in 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.