COM DEV Awarded $7 Million Commercial Satellite Contract

COM DEV International Ltd.
today announced it has received another major contract to provide standard COM
DEV products and subsystems to a US customer for a large commercial satellite
program. The contract is worth approximately $7 million CDN. The name of the
customer and the satellite program involved cannot be provided at this time
because of contractual requirements to get written permission from the
customer and the customer’s customer. If and when the customer grants
permission, full details will be announced.

The contract work will be carried out at COM DEV’s facility in Cambridge,
Ontario over the next 12 months.

Commenting on this award, COM DEV’s CEO, John Keating said, “This is the
third significant contract we have been able to announce in the last three
weeks and is further evidence that we are indeed seeing the beginning of the
expected turn-around in our global markets.”

About COM DEV

COM DEV International Ltd. (www.comdev.ca) based in Cambridge, Ontario,
is the largest Canadian-based designer and manufacturer of space hardware
subsystems.

COM DEV, with facilities in Canada and the United Kingdom, manufactures
advanced products and subsystems that are sold to major satellite prime
contractors for use in communications, space science, remote sensing and
military satellites.

COM DEV and COM DEV Space are registered trademarks of COM DEV

International Ltd. 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.


For further information Media Contact: Ron Holdway, Senior Director,

Media Relations, Tel: (613) 295-5607, Fax: (613) 569-5691,

investor.relations@comdev.ca

 Analyst Contact: Gary Calhoun, Chief

Financial Officer, Tel: (519) 622-2300 ext. 2826, Fax: (519) 622-2158,

gary.calhoun@comdev.ca




	
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