COM DEV Makes Management Announcement



    CAMBRIDGE, ON, March 21 /CNW/ - COM DEV International Ltd. (TSX: CDV)
today announced that Chief Executive Officer John Keating is recovering from
an unexpected surgical procedure. Mr. Keating is expected to resume his duties
following a recuperation period of approximately three months. During this
interim period the CEO role will be assumed by COM DEV President Mike Pley.
    "We have total confidence that COM DEV is in very good hands under Mike
Pley's stewardship," said Keith Ainsworth, Chairman of the Board of Directors.
"One of John's strengths as a leader has been to surround himself with a very
capable executive team, and Mike has been instrumental in advancing all of our
major operational and strategic initiatives. Doctors are expecting John to
make a full recovery, and we have assured him that this should be his only
priority."
    An engineer by training, Mike Pley first joined COM DEV International in
1983. He has held management roles in marketing, operations, program
management and business unit management, and has led COM DEV's ongoing
implementation of lean management practices. Mike was promoted to the position
of President in 2001.

    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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