Scalable Platform Provides Real-Time Point-to-Point Navigation
MELVILLE, N.Y.– March 29, 2016–Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its recently acquired subsidiary, TeleCommunication Systems, Inc., has completed a multi-million dollar contract, to supply its navigation and geocoding platform to a Fortune 100 company.
“We are pleased that this Fortune 100 company selected our mobile navigation platform. This contract award demonstrates demand for our navigation and geolocation platform that provides advanced capabilities and ease of integration.”
Comtech provided this company with specific APIs including the ability to provide navigable, point-to-point routing and geocoding in multiple markets on multiple mobile devices. Look4™ is the Comtech modular and scalable platform that enables customizable location features within a broad range of mobile enterprise applications across a variety of industries, such as hospitality, medical, logistics, transportation, asset management and more.
In commenting on the deployment, Dr. Stanton Sloane, President and Chief Executive Officer of Comtech Telecommunications Corp., said, “We are pleased that this Fortune 100 company selected our mobile navigation platform. This contract award demonstrates demand for our navigation and geolocation platform that provides advanced capabilities and ease of integration.”
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. The Company believes it is a leader in most of the market segments that it serves.
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.