CAMBRIDGE, ON, Sept. 13, 2012 /CNW/ - COM DEV International Ltd. (TSX:
CDV), a leading manufacturer of space hardware subsystems, today
announced that it has been awarded a contract valued in excess of US$4
million to provide satellite equipment for an established American
customer. COM DEV will provide switch and multiplexer equipment
operating in multiple commercial and military satcom frequency bands.
Work on the contract will be carried out at the Company's facilities in
Cambridge, ON, with delivery expected to be complete by August, 2013.
"Our Cambridge production facility continues to be very busy due to
recent momentum in orders in both the commercial and government space
sectors," said Mike Williams, President of COM DEV International
Products. "This contract highlights COM DEV's unique range of
capability to supply equipment for all standard frequency bands with
high quality and low cost, based upon our experience on over 850
communications satellites in the commercial and government sectors."
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.
SOURCE: Com Dev International Ltd.
For further information:
Chief Financial Officer
Tel: (519) 622-2300 ext. 2826
The Equicom Group
Tel: (416) 815-0700 ext. 261