Attention Business Editors:
COM DEV secures Hughes contracts with long-term purchase agreement
CAMBRIDGE, ON, May 31 /CNW/ - COM DEV International Ltd. (TSE/ME:CDV)
today announced the extension of an existing long-term purchase agreement
between its Space Group and Hughes Space and Communications Company to provide
microwave equipment for use in commercial communications satellites. Under the
renewed three-year agreement, the Space Group will supply Hughes with standard
C- and Ku-band input multiplexers. COM DEV is able to reduce product delivery
time significantly with a long-term agreement in place.
The first two contracts under the new agreement are to supply 48 C-band
input multiplexer filters, scheduled to ship in the summer of 1999. COM DEV
has supplied custom-designed multiplexers to Hughes for more than 20 years.
The satellite's input multiplexer takes the broadband signal received
from the ground and separates it for enhancement. The output multiplexer
recombines the signal to be beamed back to the ground. COM DEV is the largest
independent manufacturer of multiplexers and filters for commercial space
applications in the world.
Hughes Space and Communications Company, a unit of Hughes Electronics, is
the world's leading manufacturer of commercial communications satellites, and
is also a major supplier of spacecraft and equipment to the United States
government.
COM DEV International Ltd., a member of the TSE 300 (TSE/ME:CDV), is a
leading manufacturer of space and ground-based wireless communications
products and subsystems, and consists of three operating units: the Space
Group, the Wireless Group, and Wireless Systems.
The Space Group manufactures advanced products that are sold to the major
satellite prime contractors for use in commercial communications satellites.
The Wireless Group manufactures ground-based infrastructure subsystems used in
microwave and radio frequency systems, such as GSM and CDMA-based digital
telephone systems, and wireless local loop networks. These products are sold
primarily to major PCS wireless equipment vendors. Wireless Systems
manufactures radio-based wireless communications products. These products
range from high power base stations and cell extenders to indoor distributed
repeater systems, all of which are used by service providers.
COM DEV is a Canadian-based technology company and employs more than
1,300 people in facilities in Ontario, New Brunswick, the United States, the
United Kingdom and China.
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 the wireless
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
-0- 05/31/1999
For further information: Investor Contact: Anita Davis, Vice President Corporate Development, Tel: (519) 622-5004, Fax: (519) 622-6391, E-mail: investor.relations@comdev.ca; Media Contact: Bill Knapp, Manager, Media Relations, Tel: (519) 622-2300 ext. 2616, E-mail: bill.knapp@comdev.ca; Analyst Contact: David Belbeck, Chief Financial Officer, Tel: (519) 622-2300 ext. 2288, E-mail: david.belbeck@comdev.ca; Website: www.comdev.ca
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