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COM DEV USA Awarded Contract to Provide UHF Equipment
EL SEGUNDO, CA, Nov. 3 /PRNewswire-FirstCall/ -- COM DEV USA, LLC, a subsidiary of COM DEV International Ltd. (TSX: CDV), today announced that it has been awarded a contract valued in excess of US$7 million to provide UHF equipment for a satellite payload. Design and production work will be performed at COM DEV USA's manufacturing facility in El Segundo, California with delivery scheduled by the end of calendar 2010. The order was finalized and recorded during COM DEV's 2009 fiscal year.
"This contract helps further establish our credentials as a world leader in passive UHF hardware," said Dan White, President of COM DEV USA. "Upon completion, our California team will have delivered UHF equipment for more than 20 satellites, and COM DEV's other divisions have supplied UHF equipment to 10 others. I believe this heritage positions us well to continue to grow our military space business."
Ultra High Frequency, or UHF, is a frequency band commonly used for military satellite communications because of its adaptability to small, mobile terminals used by ground, sea and air forces.
About COM DEV
COM DEV International Ltd. (http://www.comdevintl.com/) is a leading global designer and manufacturer of space hardware subsystems. With facilities in Canada, the United Kingdom and the United States, COM DEV manufactures advanced products and subsystems that are sold to major satellite prime contractors for use in communications, space science, remote sensing and military satellites.
This news release may contain certain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from results indicated in any forward-looking statements. The Company cautions that, among other things, in view of the rapid changes in communications markets and technologies, and other risks including the cost and market acceptance of the Company's new products, the level of individual customer procurements and competitive product offerings and pricing, and general economic circumstances, the Company's business prospects may be materially different from forward-looking statements made by the Company.
The triangular logo and the word COM DEV are each registered trademarks and the property of COM DEV Ltd. All rights reserved.
Com Dev International Ltd.
CONTACT: Gary Calhoun, Chief Financial Officer, COM DEV International,Tel: (519) 622-2300 ext. 2826, gary.calhoun@comdev.ca; Dan White, President,COM DEV USA, Tel: (424) 456-8006, dan.white@comdev-usa.com; Jeff Codispodi,The Equicom Group, Tel: (416) 815-0700 ext. 261, jcodispodi@equicomgroup.com
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