COM DEV Awarded Authorization to Proceed on Commercial Contract



    CAMBRIDGE, ON, March 7 /CNW/ - COM DEV International Ltd. (TSX: CDV)
today announced that it has received an Authorization to Proceed (ATP) valued
at US$1.5 million (approximately CDN $1.8 million) to commence work on a
commercial satellite program. The ATP is expected to lead to a full contract
valued at US $13 million (approximately CDN $15.3 million). COM DEV expects to
supply multiplexers and switches with work carried out over the next 14 months
at the Company's facilities in Cambridge, Ontario. The customer and the
satellite program involved cannot be named at this time because of contractual
requirements to get written permission from the prime contractor and the end
customer. Full details will be announced if and when such permissions are
granted.
    "As expected, the commercial satellite market continues to strengthen as
a result of both the natural replacement cycle and the growing demand for new
communications services," said John Keating, CEO of COM DEV. "This contract in
particular is an example where the satellite award occurred quite some time
ago, but only now is the prime contractor selecting its own suppliers."

    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.

    %SEDAR: 00003673E




For further information:

For further information: Gary Calhoun, Chief Financial Officer, Tel:
(519) 622-2300 ext. 2826, Fax: (519) 622-2158, gary.calhoun@comdev.ca; Jeff
Codispodi, The Equicom Group, Tel: (416) 815-0700 ext. 261, Fax: (416)
815-0080, jcodispodi@equicomgroup.com

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