• December 6, 2011 4:00 PM
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  • - Aerospace
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COM DEV Wins Commercial Contract

CAMBRIDGE, ON, Dec. 6, 2011 /CNW/ - COM DEV International Ltd. (TSX:CDV), a leading manufacturer of space hardware subsystems, today announced that it has been awarded a contract to deliver hardware, including switches, multiplexers, filters and diplexers, for a commercial communications satellite. The contract changes are fully funded with a combined value in excess of CDN $6 million.  Work on the contract will be carried out at the Company's facility in Cambridge, Ontario with completion expected by the end of fiscal 2012.

"This contract is another example of our ability to secure repeat business from a current customer and underscores our leadership in the international market for communications satellite hardware," said Mike Williams, President of COM DEV International Products.

About COM DEV

COM DEV International Ltd. (www.comdevintl.com) is a leading global provider of space hardware and services.  With facilities in Canada, the United Kingdom and the United States, COM DEV manufactures advanced subsystems and microsatellites that are sold to major satellite prime contractors, government agencies and satellite operators, for use in communications, space science, remote sensing and defense applications. COM DEV's majority-owned subsidiary, exactEarth Ltd., provides satellite data services.

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.

For further information:

Gary Calhoun
Chief Financial Officer
Tel: (519) 622-2300 ext. 2826
gary.calhoun@comdev.ca
                Jeff Codispodi
The Equicom Group
Tel: (416) 815-0700 ext. 261
jcodispodi@equicomgroup.com