COM DEV Wins Commercial Contract

CAMBRIDGE, ON, Oct. 20 /CNW/ - COM DEV International Ltd. (TSX:CDV), a leading manufacturer of space hardware subsystems, today announced that it has been awarded a contract to provide switches, multiplexers and filters for a commercial communications satellite.  The contract, valued in excess of CDN$6 million, represents the third satellite order resulting from a four-satellite agreement with a total potential value in excess of CDN$23 million. The Company expects to complete work on the current contract by the end of fiscal 2011 at its facility in Cambridge, Ontario.

"This latest order reinforces the fact that our core commercial products business, which typically generates more than 60% of our revenue, is performing very well this year," said Michael Pley, Interim CEO of COM DEV.  "These results have been driven by strong demand in the underlying communications satellite markets and by our continued success in winning work on the vast majority of available programs."


COM DEV International Ltd. ( 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
Jeff Codispodi
The Equicom Group
Tel: (416) 815-0700 ext. 261

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