COM DEV Wins Commercial Satellite Contract

CAMBRIDGE, ON, Feb. 1 /CNW/ - COM DEV International Ltd. (TSX:CDV), a leading manufacturer of space hardware subsystems, today announced that it has been awarded an Authorization To Proceed (ATP) contract to provide equipment for a commercial communications satellite.  The initial release, which permits engineering activity to begin and production to start, is valued in excess of US$3 million.  It is anticipated that the final contract will be in place by the end of March 2011, and will be in excess of US$11 million.  COM DEV will provide L band switches, multiplexers and filters for the satellite designed for mobile communications.  Work on the contract will be carried out at the Company's facility in Cambridge, Ontario with completion expected by the middle of its 2012 fiscal year.

"Commercial satellite communications continues to be a robust market in which COM DEV is demonstrating how cost effective its products are by a healthy influx of orders this year," said Michael Pley, CEO of COM DEV.  "This order adds to our growing commercial backlog and demonstrates the faith our customers have in us to quickly deliver products of the highest quality."

About COM DEV

COM DEV International Ltd. (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.

SOURCE Com Dev International Ltd.

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

Profil de l'entreprise

Com Dev International Ltd.

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