Comtech Telecommunications Announces $1.7 Million Contract Award for Solid State Power...

Business & Technology Editors

MELVILLE, N.Y.--(BUSINESS WIRE)--May 22, 2001

Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its New York subsidiary Comtech PST Corp. has received a contract valued at approximately $1.7 million for solid state power amplifier systems

The amplifier systems, utilizing the latest solid-state switching technology, will be used by the armed forces of a major NATO country for deployment in ground and air communications jamming systems. The contract is part of a major upgrade of a ground mobile electronics attack system. Deliveries are expected to start in January 2002 and be completed in six months.

Fred Kornberg, president and chief executive officer of the Comtech Telecommunications, said "the award demonstrates Comtech's technical strength in the international market and reaffirms the performance, quality and ruggedness of the Comtech PST RF microwave amplifier product line and its latest solid state switching technology. There is no more demanding environment for equipment than into communications jamming systems destined to be deployed over challenging terrain."

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 high power test instrumentation, defense, medical, and satellite communications systems.

Comtech Telecommunications Corp. is an innovative player in the domestic and global high-technology markets. Through its operating units, Comtech pursues opportunities in three interrelated market segments: telecommunications transmission, RF microwave amplifiers, and mobile data communications services. In each of these segments, growth is driven by increasing demand for telecommunications infrastructure and network and messaging services. The company's specialties include the design and manufacture of advanced products and networks used for transmission of voice, data and video using satellite, over-the-horizon microwave, terrestrial line of sight and other wireless communications systems. More than 275 distinct Comtech products are in service in more than 100 countries. To learn more about the Company, please visit the Company's website at www.comtechtel.com

Certain of the statements contained herein included but not limited to, information relating to the future performance and financial condition of the Company, the plans and objectives of the Company's management, and the Company's assumptions regarding such performance and plans are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. Included among the factors which might cause such results to differ are: the satisfaction of conditions to the closing of the foregoing transaction; the Company's ability to successfully integrate the business being acquired; the Company's ability to keep pace with rapid technological changes; our backlog being subject to customer cancellation or modification; our sales to the U. S. Government being subject to funding, deployment and other risks; our fixed price contracts being subject to risk; the highly competitive nature of our markets; our dependence on component availability, subcontractor availability and performance by key suppliers; our dependence on international sales; our mobile data communications business being in a developmental stage. Additionally, these forward-looking statements are qualified in their entirety by the cautionary statements contained the Company's Securities and Exchange Commission filings.