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Comtech Telecommunications Corp. Receives $12.0 Million Contract with Major Telecom Equipment Manufacturer for Global Commercial Wireless Market

MELVILLE, N.Y.--(BUSINESS WIRE)-- April 26, 2016--Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its commercial solutions segment has signed a multi-year contract valued at approximately $12.0 million with a major telecom equipment manufacturer. Under the terms of the contract, the telecom equipment manufacturer, which also is a global distributor of Comtech's services, will support the continued roll out of Comtech's solutions to several wireless operators across the globe, including a large-scale North American-based wireless operator.

"Securing a contract in excess of $12.0 million with one of the world's leading equipment manufacturers is a major milestone for our organization as it underpins the continued need for our solutions in the wireless operator segment," said Dr. Stanton Sloane, President and Chief Executive Officer of Comtech Telecommunications Corp. "This contract will support the continued roll out of services and allow us to distribute our solutions to wireless operators worldwide."

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. 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.


Media Contact:
Michael D. Porcelain, Senior Vice President and Chief Financial Officer

Source: Comtech Telecommunications Corp.

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