Chief Executive Officer
Comtech Telecommunications Corp. Receives $1.8 Million Contract for First Over-the-Horizon Microwave System Designed for Floating Oil Platform Application
MELVILLE, N.Y., Sep 29, 2008 (GlobeNewswire via COMTEX News Network) — Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Orlando, Florida-based subsidiary, Comtech Systems, Inc., received a $1.8 million contract from a major international oil company to install the first digital over-the-horizon microwave communications system for use on a deep water, semi-submersible floating oil platform.
The design is a first for troposcatter communications, in that, it requires a stabilized antenna system on the offshore floating platform to remain locked to a fixed antenna at a shore location. The system is designed to operate in calm and rough waters while maintaining a high quality connection between the oil platform and the land-based communications center. Comtech was selected for this project based on its innovative antenna stabilization design, its long history as a world leader in troposcatter equipment and systems, and its high data rate, field proven troposcatter digital modem. The system has a data rate capability of up to 20 megabits per second (20Mbps), and will be used to carry both digital voice and data traffic. The system will use Comtech Systems adaptive digital modem, troposcatter radio system and high power amplifiers, as well as antennas.
In commenting on this award, Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, “We are proud of this technological breakthrough that allowed us to address an important customer requirement that further demonstrates our leadership in the over-the-horizon microwave communications industry.”
Comtech Systems, Inc. (www.comtechsystems.com), an Orlando, Florida-based company, specializes in system design, integration, supply and commissioning of turnkey communication systems including over-the-horizon microwave, satellite, and line-of-sight microwave systems.
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 or ineffective. 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.
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SOURCE: Comtech Telecommunications Corp.
Michael D. Porcelain, Senior Vice President
and Chief Financial Officer
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