MELVILLE, N.Y.--(BUSINESS WIRE)--May 26, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during the Company’s third quarter of fiscal 2020, it closed an acquisition of NG-911, Inc. (“NG-911”), a pioneer of Next Generation 911 solutions for public safety agencies in the Midwest. NG-911 is one of the first Next Generation 911 solution providers in the Midwest and has successfully deployed regional Comtech Solacom systems in the past.
In connection with the acquisition, Comtech was awarded several contracts to deploy Comtech’s Solacom’s Guardian Call Handling solutions to the 9-1-1 Northern Illinois Next Generation Alliance Consortium (“NINGA”), valued at more than $15.0 million over a multi-year period.
Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp., stated, “The acquisition of NG-911 allows us to cost-effectively deploy our industry leading Guardian call management solutions for public safety answering points across Illinois and Iowa and enhances our relationship with existing customers.”
The operations of NG-911 have been immediately combined with Comtech Solacom (a leading provider of call handling solutions) and the financial impact of the acquisition was not material.
Comtech’s Solacom emergency call handling and management solutions are built on more than 30 years of research and innovation in the application of advanced hardware and software technologies for public safety. For more information, visit: www.solacom.com
Comtech Telecommunications Corp. designs, develops, produces, and markets innovative products, systems, and services for advanced communications solutions. Comtech sells products to a diverse customer base in the global commercial and government communications markets. For more information, visit: www.comtechtel.com
Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.
PCMTL
