COM DEV International Ltd.
today announced that it has received an order for the supply of the Company’s
core Switch, RF Components, and Multiplexer products valued at $4.1 million US
($5.1 million CDN). The customer name cannot be released due to contractual
restrictions, however, the work will be completed at the Company’s facility in
Cambridge, and is scheduled for completion by the second quarter of the
Company’s fiscal 2006 year.
Commenting on this award, COM DEV’s CEO, John Keating said, “Delivery
intervals on new awards continue to be compressed, and this award is no
exception. We believe that with our newly expanded facilities capabilities,
the Company has never been better positioned to demonstrate our ability to
deliver the highest quality products, on time, to our customer’s schedule
requirements.”
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.
