MELVILLE, N.Y.--(BUSINESS WIRE)--March 19, 2018-- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that during its third quarter of fiscal 2018, its Enterprise Technologies group, which is part of Comtech’s Commercial Solutions segment, has been awarded a $10.1 million multi-year contract from a major U.S. mobile network operator for its hosted, advanced location services platform. The order includes development, deployment, and support.
The Comtech platform leverages its Position Determining Engine (PDE) to deliver precise location information of devices for applications such as turn-by-turn navigation, family finder, and remote workforce management. Secure and completely standards-based, the solution is hosted outside the operator’s network and ensures interoperability across all device providers.
“Network operators require their location services platform to be reliable, accurate, scalable and secure – and we have delivered on all fronts,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp. “We are honored to be chosen by this customer and believe that this agreement again validates our industry-leading expertise in deploying advanced location services.”
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.
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.