Comtech Telecommunications Corp. Wins $3.1 Million Contract Award for High-Power Amplifiers for Medical Application
March 24, 2010 at 10:00 AM EDT
MELVILLE, N.Y., Mar 24, 2010 (GlobeNewswire via COMTEX News Network) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its New York-based subsidiary, Comtech PST Corp., has received a follow-on contract award valued at $3.1 million for solid-state, high-power RF amplifiers from a major domestic medical instrumentation provider.
These amplifiers are used by the world's largest supplier of image-guided radiotherapy (IGRT) and image-guided intensity modulated radiation therapy (IMRT) medical equipment providing state-of-the-art solutions for the treatment of cancer. These advanced forms of treatment deliver versatile complex doses of radiation at greater speed and accuracy thereby minimizing damage to surrounding healthy tissue.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "This significant order
demonstrates Comtech's technical strength in delivering solid-state, high-power
RF amplifiers for medical systems. We believe the medical market for our amplifiers is growing and we look forward to continuing to develop innovative products to address this important market."
Comtech PST Corp. (www.comtechpst.com) is a leading independent supplier of broadband, high-power, high performance RF microwave amplifiers for use in a broad spectrum of applications including defense, medical, satellite communications systems and instrumentation.
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.
CONTACT: Comtech Telecommunications Corp.
Michael D. Porcelain, Senior Vice President and
Chief Financial Officer
Jerome Kapelus, Senior Vice President, Strategy and
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