Comtech Confirms Receipt of Letter

Rhea-AI Summary

Comtech Telecommunications Corp. (NASDAQ: CMTL) has received a letter from Outerbridge Capital Management, dated June 14, 2021, which was disclosed publicly. The company values shareholder feedback and is committed to listening to its investors. Comtech specializes in secure wireless communications and serves over 1,000 customers worldwide. The press release also includes a disclaimer about forward-looking statements and associated risks, emphasizing that actual results may vary significantly from projections.

Positive

• Receives feedback from Outerbridge Capital Management, indicating engagement with shareholders.
• Leader in secure wireless communications with a diverse customer base across 100 countries.

Negative

• None.

June 16, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, confirms receipt of a letter dated June 14, 2021 to its Board of Directors from Outerbridge Capital Management LLC, which was also disclosed publicly. Comtech values feedback and is always open to hearing from its shareholders.

Comtech Telecommunications Corp. is a leader in the global communications market headquartered in Melville, New York. With a passion for customer success, Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please visit www.comtechtel.com.

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.

PCMTL

View source version on businesswire.com: https://www.businesswire.com/news/home/20210616005305/en/

FAQ

What was the recent communication received by Comtech Telecommunications Corp.?

Comtech received a letter from Outerbridge Capital Management on June 14, 2021, affirming its commitment to shareholder feedback.

How does Comtech Telecommunications Corp. engage with its shareholders?

Comtech emphasizes valuing feedback from shareholders and is open to communication.

What is the business focus of Comtech Telecommunications Corp.?

Comtech specializes in secure wireless communications technologies for over 1,000 customers globally.