Comtech Telecommunications Corp. Awarded Multi-Million Dollar Contract for WAN Optimization Equipment
On July 21, 2021, Comtech Telecommunications Corp. (NASDAQ: CMTL) announced a significant contract win during Q4 fiscal 2021. Its subsidiary, Comtech EF Data Corp., secured a multi-million dollar order for WAN optimization equipment from a major system integrator in South Asia, specifically for a Ministry of Defense. The order includes advanced network accelerators using patented Turbostreaming technology, designed to enhance satellite communications. CEO Fred Kornberg highlighted the modernization of the communication network as a key achievement.
- Secured multi-million dollar order from a leading system integrator in South Asia.
- Advanced technology will modernize Ministry of Defense's communication network.
- Products support a satellite infrastructure, enhancing communication effectiveness.
- Potential risks and uncertainties related to forward-looking statements.
July 21, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, its subsidiary Comtech EF Data Corp., a leading provider of satellite communications equipment (together “Comtech”), was awarded a multi-million dollar order for WAN optimization equipment from a leading system integrator in South Asia. The equipment will be utilized by a Ministry of Defense (“MoD”) in the region.
The order is for the supply of FX-6020c and FX-5020c advanced network accelerators, using patented Turbostreaming© technology. The products will support a satellite infrastructure that complements a fiber network and provides backup communications. The Layer 2 transparent forwarding (“virtual wire”) traffic processing design, combined with a terrestrial-like communication user experience and throughput over satellite, enables the FX Series products to provide simplified operation, easy deployments and mitigation of satellite delay.
“We are honored to contribute to the modernization of this MoD’s communication network with cutting edge technology,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp. “Our WAN optimization products will replace an incumbent’s technology, which is a testament to our ability to deliver high performance, innovative and competitive solutions.”
Comtech Telecommunications Corp. is a leader in the global communications market headquartered in Melville, New York and its subsidiary Comtech EF Data Corp. is based in Chandler, Arizona. 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 and www.comtechefdata.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
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