Comtech Telecommunications Corp. Awarded $9.2 Million in Orders from the U.S. Army for Mobile Satellite Equipment

 

MELVILLE, N.Y.–(BUSINESS WIRE)–May 5, 2021– 
May 5, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Government Solutions segment was awarded 
$9.2 million of additional funding on the Army’s previously announced award to provide ongoing system refurbishments, sustainment services and baseband equipment. To-date, the 
U.S. Army has funded 
$20.7 million of the 
$57.9 million base year ceiling. This most recent funding continues to support the sustainment of the Army’s AN/TSC-198 Secret Internet Protocol Router (“SIPR”) and Non-secure Internet Protocol Router (“NIPR”) Access Point (“SNAP”) family of ground satellite terminals, to include spare parts, repairs, upgrades, refurbishments, logistics and engineering services, and training.

“These orders further illustrate that 
Comtech is making an important contribution to the mission of our 
U.S. Army customer by delivering reliable, secure communications systems,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. is a leader in the global communications market headquartered in 
Melville, New York. With a passion for customer success, 
Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please 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.

Media Contact:
Michael D. Porcelain, President and Chief Operating Officer

Comtech Telecommunications Corp.
631-962-7000
info@comtechtel.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $6.5 Million of Funding for Cyber Training Solutions

 

MELVILLE, N.Y.–(BUSINESS WIRE)–May 4, 2021– 
May 4, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Government Solutions segment was awarded an additional 
$6.5 million of funding from the Federal Government for its Joint Cyber Analysis Course (“JCAC”) Training solutions. The contract has been funded 
$76.3 million to date.

“Our Cyber Training team continues to provide dynamic, high-quality Cyber Security training to the DoD,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “This funding demonstrates the Government’s continued confidence in Comtech’s cyber products and services, as well as in preparing 
DoD personnel for cyber challenges today and beyond.”

Comtech Telecommunications Corp. is a leader in the global communications market headquartered in 
Melville, New York. With a passion for customer success, 
Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please 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.

Media Contact:
Michael D. Porcelain, President and Chief Operating Officer

Comtech Telecommunications Corp.
631-962-7000
info@comtechtel.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $6.5 Million of Funding for Cyber Training Solutions

 

MELVILLE, N.Y.–(BUSINESS WIRE)–May 4, 2021– 
May 4, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Government Solutions segment was awarded an additional 
$6.5 million of funding from the Federal Government for its Joint Cyber Analysis Course (“JCAC”) Training solutions. The contract has been funded 
$76.3 million to date.

“Our Cyber Training team continues to provide dynamic, high-quality Cyber Security training to the DoD,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “This funding demonstrates the Government’s continued confidence in Comtech’s cyber products and services, as well as in preparing 
DoD personnel for cyber challenges today and beyond.”

Comtech Telecommunications Corp. is a leader in the global communications market headquartered in 
Melville, New York. With a passion for customer success, 
Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please 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.

Media Contact:
Michael D. Porcelain, President and Chief Operating Officer

Comtech Telecommunications Corp.
631-962-7000
info@comtechtel.com

Source: 
Comtech Telecommunications Corp.

TAAL Files 2020 Fiscal Year-End Financial Results And Provides Operational Guidance For 2021

 

Vancouver, British Columbia; April 30, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today its financial results and Management Discussion and Analysis for the fiscal year ended December 31, 2020. These filings are available for review on the Company’s SEDAR profile at www.sedar.com and on the Company’s website at www.taal.com. All financial information in this press release is reported in Canadian dollars unless otherwise indicated.
 

SUBSEQUENT TO YEAR-END

 

• As of March 31, 2021, TAAL had approximately 74,000 BitcoinSV (“BSV”) in treasury
• Based on current network conditions, TAAL anticipates winning at least 30 blocks per day attributable to TAAL
  • Each block currently paying 6.25 BitcoinSV as a reward
  • TAAL pool averaged 45 blocks a day in Q1 2021
• On March 18th, TAAL closed an oversubscribed prospectus offering for aggregate gross proceeds of approximately $40 Million
• On March 13th, TAAL processed a world record 638MB block on the BSV blockchain network
• Hashing operations commenced in Canada in Q1 of 2021.

 

2020 OVERVIEW

 
2020 was a year of groundwork for TAAL in transitioning its business towards the goal of becoming a world leader in blockchain infrastructure and transaction processing.

The Company purchased new blockchain computers, which are anticipated to help the Company reach its 2021 goal of 400 petahash, owned and controlled by TAAL, on the BSV blockchain network once fully deployed.

Also, in 2020, TAAL expanded its enterprise blockchain infrastructure services with its acquisition of WhatsOnChain. WhatsOnChain owns proprietary BitcoinSV blockchain explorer technology developed by its founders, who created the first-ever BSV block explorer to provide data in an easy and user-friendly manner.

Q3 2020 saw a new TAAL office in Zug, Switzerland, and key hires in c-suite and senior management roles. In connection with the Zug office opening, TAAL onboarded several key new hires to expand the Company’s operations, including a new President, Chief Operating Officer, Chief Technology Officer, Chief Compliance Officer. In addition, Q4 2020 saw the election of two new members to its Board of Directors, and  Mr. Stefan Matthews, the Chairman of the Company’s board of directors, took on the Chief Executive Officer position and is now serving as Executive Chairman and Chief Executive Officer.

Stefan Matthews, TAAL’s CEO and Executive Chairman, commented that

“2020 was a year of transition for TAAL. Despite the challenges of the global pandemic, 2020 marked multiple and significant milestones for TAAL in building the infrastructure, capacity, and global expertise to enable us to execute our strategic plan. We see evidence of Blockchain technology moving significantly closer to mass adoption. Our infrastructure and product innovations, built on the BitcoinSV protocol with its scalability and ultra-low transaction fee advantages, position us to enable enterprise transformation across global markets using this technology. I congratulate our entire team on their hard work and commitment towards preparing TAAL to be a  global blockchain leader.”

 

NEW WEBSITE ANNOUNCEMENT 2021

 
TAAL recently launched its newly designed website, designed to enhance clients’ online experience and provide an easier way for investors to learn about TAAL (taal.com).
 

ABOUT TAAL DISTRIBUTED INFORMATION TECHNOLOGIES INC.

 
TAAL Distributed Information Technologies Inc. delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the BitcoinSV platform, and developing, operating, and managing distributed computing systems for enterprise users.

Visit TAAL online at www.taal.com

The CSE, nor its Regulation Services Provider, accepts no responsibility for the adequacy or accuracy of this release.
 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

 
Certain statements included in this news release constitute “forward-looking information” as defined under applicable Canadian securities legislation. The words “will”, “intends”, “expects” and similar expressions are intended to identify forward-looking information, although not all forward-looking information will contain these identifying words. Specific forward-looking information contained in this news release includes but is not limited to statements regarding: the growth of TAAL’s treasury through, among other things, BSV hashing activities; TAAL Pool’s anticipated hashing activity; TAAL’s future computing power and capacity; and TAAL’s business and strategic plans. These statements are based on factors and assumptions related to historical trends, current conditions and expected future developments. Since forward-looking information relates to future events and conditions, by its very nature it requires making assumptions and involves inherent risks and uncertainties. TAAL cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from expectations. Material risk factors include the future acceptance of Bitcoin SV and other digital assets and risks related to information processing using those platforms, the ability for TAAL to leverage intellectual property into viable income streams and other risks set out in TAAL’s Annual Information Form dated April 30, 2021 under the heading “Risk Factors” and elsewhere in TAAL’s continuous disclosure filings available on SEDAR at www.sedar.com. Given these risks, undue reliance should not be placed on the forward-looking information contained herein. Other than as required by law, TAAL undertakes no obligation to update any forward-looking information to reflect new information, subsequent or otherwise.
 

FOR FURTHER INFORMATION CONTACT:

 
Matt Whitcomb, Investor Relations, matthew@taal.com 604-260-6142

Stefan Matthews, CEO & Executive Chairman, info@taal.com

Chris Naprawa, President, chris@taal.com

Comtech Telecommunications Corp. Awarded $6.2 Million of Additional Funding to Support the U.S. Army’s Blue Force Tracking System

 

MELVILLE, N.Y.–(BUSINESS WIRE)–May 3, 2021– 
May 3, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Government Solutions segment, through its 
Maryland-based subsidiary, 
Comtech Mobile Datacom Corporation, was awarded 
$6.2 million of additional funding for Option Period Four of contract GS03Q17DSC0002. The overall funded value to date, inclusive of the Base and Option Period 1 through Option Period 4, is 
$35.5 million.

This contract modification is part of the BFT-1 sustainment support contract for the 
U.S. Army’s Project Manager Mission Command (“PM MC”) Blue Force Tracking (“BFT-1”) program. 
Comtech continues to perform engineering services, satellite network operations and program management through a Firm Fixed Price (“FFP”) contract, with Time & Materials (“T&M”) and Cost Reimbursement elements. Option Period Four’s performance period began on 
April 15, 2021 and ends on 
April 14, 2022.

“We are pleased our 
U.S. Army continues to recognize the value of Comtech’s services,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “Our team remains committed to providing the 
U.S. Army and its soldiers with critical BFT-1 sustainment support.”

Comtech Telecommunications Corp. is a leader in the global communications market headquartered in 
Melville, New York. With a passion for customer success, 
Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please 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.

Media Contact:
Michael D. Porcelain, President and Chief Operating Officer

Comtech Telecommunications Corp.
631-962-7000
info@comtechtel.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $6.2 Million of Additional Funding to Support the U.S. Army’s Blue Force Tracking System

 

MELVILLE, N.Y.–(BUSINESS WIRE)–May 3, 2021– 
May 3, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Government Solutions segment, through its 
Maryland-based subsidiary, 
Comtech Mobile Datacom Corporation, was awarded 
$6.2 million of additional funding for Option Period Four of contract GS03Q17DSC0002. The overall funded value to date, inclusive of the Base and Option Period 1 through Option Period 4, is 
$35.5 million.

This contract modification is part of the BFT-1 sustainment support contract for the 
U.S. Army’s Project Manager Mission Command (“PM MC”) Blue Force Tracking (“BFT-1”) program. 
Comtech continues to perform engineering services, satellite network operations and program management through a Firm Fixed Price (“FFP”) contract, with Time & Materials (“T&M”) and Cost Reimbursement elements. Option Period Four’s performance period began on 
April 15, 2021 and ends on 
April 14, 2022.

“We are pleased our 
U.S. Army continues to recognize the value of Comtech’s services,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “Our team remains committed to providing the 
U.S. Army and its soldiers with critical BFT-1 sustainment support.”

Comtech Telecommunications Corp. is a leader in the global communications market headquartered in 
Melville, New York. With a passion for customer success, 
Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please 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.

Media Contact:
Michael D. Porcelain, President and Chief Operating Officer

Comtech Telecommunications Corp.
631-962-7000
info@comtechtel.com

Source: 
Comtech Telecommunications Corp.

TAAL Files 2020 Fiscal Year-End Financial Results And Provides Operational Guidance For 2021

 

Vancouver, British Columbia; April 30, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today its financial results and Management Discussion and Analysis for the fiscal year ended December 31, 2020. These filings are available for review on the Company’s SEDAR profile at www.sedar.com and on the Company’s website at www.taal.com. All financial information in this press release is reported in Canadian dollars unless otherwise indicated.
 

SUBSEQUENT TO YEAR-END

 

• As of March 31, 2021, TAAL had approximately 74,000 BitcoinSV (“BSV”) in treasury
• Based on current network conditions, TAAL anticipates winning at least 30 blocks per day attributable to TAAL
  • Each block currently paying 6.25 BitcoinSV as a reward
  • TAAL pool averaged 45 blocks a day in Q1 2021
• On March 18th, TAAL closed an oversubscribed prospectus offering for aggregate gross proceeds of approximately $40 Million
• On March 13th, TAAL processed a world record 638MB block on the BSV blockchain network
• Hashing operations commenced in Canada in Q1 of 2021.

 

2020 OVERVIEW

 
2020 was a year of groundwork for TAAL in transitioning its business towards the goal of becoming a world leader in blockchain infrastructure and transaction processing.

The Company purchased new blockchain computers, which are anticipated to help the Company reach its 2021 goal of 400 petahash, owned and controlled by TAAL, on the BSV blockchain network once fully deployed.

Also, in 2020, TAAL expanded its enterprise blockchain infrastructure services with its acquisition of WhatsOnChain. WhatsOnChain owns proprietary BitcoinSV blockchain explorer technology developed by its founders, who created the first-ever BSV block explorer to provide data in an easy and user-friendly manner.

Q3 2020 saw a new TAAL office in Zug, Switzerland, and key hires in c-suite and senior management roles. In connection with the Zug office opening, TAAL onboarded several key new hires to expand the Company’s operations, including a new President, Chief Operating Officer, Chief Technology Officer, Chief Compliance Officer. In addition, Q4 2020 saw the election of two new members to its Board of Directors, and  Mr. Stefan Matthews, the Chairman of the Company’s board of directors, took on the Chief Executive Officer position and is now serving as Executive Chairman and Chief Executive Officer.

Stefan Matthews, TAAL’s CEO and Executive Chairman, commented that

“2020 was a year of transition for TAAL. Despite the challenges of the global pandemic, 2020 marked multiple and significant milestones for TAAL in building the infrastructure, capacity, and global expertise to enable us to execute our strategic plan. We see evidence of Blockchain technology moving significantly closer to mass adoption. Our infrastructure and product innovations, built on the BitcoinSV protocol with its scalability and ultra-low transaction fee advantages, position us to enable enterprise transformation across global markets using this technology. I congratulate our entire team on their hard work and commitment towards preparing TAAL to be a  global blockchain leader.”

 

NEW WEBSITE ANNOUNCEMENT 2021

 
TAAL recently launched its newly designed website, designed to enhance clients’ online experience and provide an easier way for investors to learn about TAAL (taal.com).
 

ABOUT TAAL DISTRIBUTED INFORMATION TECHNOLOGIES INC.

 
TAAL Distributed Information Technologies Inc. delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the BitcoinSV platform, and developing, operating, and managing distributed computing systems for enterprise users.

Visit TAAL online at www.taal.com

The CSE, nor its Regulation Services Provider, accepts no responsibility for the adequacy or accuracy of this release.
 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

 
Certain statements included in this news release constitute “forward-looking information” as defined under applicable Canadian securities legislation. The words “will”, “intends”, “expects” and similar expressions are intended to identify forward-looking information, although not all forward-looking information will contain these identifying words. Specific forward-looking information contained in this news release includes but is not limited to statements regarding: the growth of TAAL’s treasury through, among other things, BSV hashing activities; TAAL Pool’s anticipated hashing activity; TAAL’s future computing power and capacity; and TAAL’s business and strategic plans. These statements are based on factors and assumptions related to historical trends, current conditions and expected future developments. Since forward-looking information relates to future events and conditions, by its very nature it requires making assumptions and involves inherent risks and uncertainties. TAAL cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from expectations. Material risk factors include the future acceptance of Bitcoin SV and other digital assets and risks related to information processing using those platforms, the ability for TAAL to leverage intellectual property into viable income streams and other risks set out in TAAL’s Annual Information Form dated April 30, 2021 under the heading “Risk Factors” and elsewhere in TAAL’s continuous disclosure filings available on SEDAR at www.sedar.com. Given these risks, undue reliance should not be placed on the forward-looking information contained herein. Other than as required by law, TAAL undertakes no obligation to update any forward-looking information to reflect new information, subsequent or otherwise.
 

FOR FURTHER INFORMATION CONTACT:

 
Matt Whitcomb, Investor Relations, matthew@taal.com 604-260-6142

Stefan Matthews, CEO & Executive Chairman, info@taal.com

Chris Naprawa, President, chris@taal.com

ISG Announces David Berger to Retire as CFO in June; Bert Alfonso Named Executive Vice President and CFO

 

STAMFORD, Conn.–(BUSINESS WIRE)– Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, announced today that David Berger, executive vice president and chief financial officer, will retire after nearly 12 years of service with the firm and that Humberto “Bert” Alfonso has been named to succeed him, effective June 7.

Berger will remain with the firm for several months in an advisory role to assist in ongoing M&A projects and to support the transition. He joined ISG in 2009 as executive vice president and CFO and played a pivotal role in helping grow ISG through his financial stewardship of the firm and his work on a series of strategic acquisitions.

“On behalf of my ISG colleagues, I want to extend my deepest gratitude to David for his long and valued service to ISG,” said Michael P. Connors, chairman and CEO. “David has been a strong partner and advisor to me and our executive team and has made many contributions to our success over the last 12 years, including building a world-class finance and legal organization to support our growth plans. I want to thank David for his thoughtful retirement transition planning and his support over the coming months. We wish him and his family much happiness in their next chapter.”

Alfonso is a global senior executive with over 30 years of operating and finance experience with such distinguished companies as Hershey, Cadbury Schweppes and Pfizer. He spent 10 years with The Hershey Company in executive roles, including chief financial officer and president of Hershey International. Alfonso has a proven track record of driving growth, both organically and through mergers and acquisitions, building high-performance teams and creating shareholder value.

Alfonso will be responsible for all areas of finance, legal affairs and M&A for ISG, reporting to Connors, and will join the ISG executive leadership team.

“I am delighted to welcome Bert to ISG,” said Connors. “Bert and I have known each other for 10 years and I have been impressed with his business acumen and vast array of experience. His global operating leadership as a CEO, his service as a CFO of a multibillion-dollar company, his M&A accomplishments and his experience leveraging technology services to support business operations will be extremely valuable to ISG as we accelerate our growth coming out of the pandemic. Bert’s character, integrity and demeanor are an excellent fit for our growth ambitions.”

Alfonso most recently was the CEO of Yowie Group, a global brand licensing company specializing in the development of consumer products and listed on the Australian Securities Exchange. Prior to Hershey, he was executive vice president and CFO of Cadbury Schweppes Americas beverages and vice president and CFO of the Adams Division of Pfizer.

A native of Cuba, Alfonso has lived in Argentina, Canada, Puerto Rico, the U.K. and the U.S. He holds an MBA degree in marketing and a bachelor’s degree in accounting from Rutgers University. Alfonso is a certified public accountant and serves on the Board of Directors of the NYSE-listed Eastman Chemical Company and is chairman of the Board’s audit committee.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Source: Information Services Group

ISG Announces David Berger to Retire as CFO in June; Bert Alfonso Named Executive Vice President and CFO

 

STAMFORD, Conn.–(BUSINESS WIRE)– Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, announced today that David Berger, executive vice president and chief financial officer, will retire after nearly 12 years of service with the firm and that Humberto “Bert” Alfonso has been named to succeed him, effective June 7.

Berger will remain with the firm for several months in an advisory role to assist in ongoing M&A projects and to support the transition. He joined ISG in 2009 as executive vice president and CFO and played a pivotal role in helping grow ISG through his financial stewardship of the firm and his work on a series of strategic acquisitions.

“On behalf of my ISG colleagues, I want to extend my deepest gratitude to David for his long and valued service to ISG,” said Michael P. Connors, chairman and CEO. “David has been a strong partner and advisor to me and our executive team and has made many contributions to our success over the last 12 years, including building a world-class finance and legal organization to support our growth plans. I want to thank David for his thoughtful retirement transition planning and his support over the coming months. We wish him and his family much happiness in their next chapter.”

Alfonso is a global senior executive with over 30 years of operating and finance experience with such distinguished companies as Hershey, Cadbury Schweppes and Pfizer. He spent 10 years with The Hershey Company in executive roles, including chief financial officer and president of Hershey International. Alfonso has a proven track record of driving growth, both organically and through mergers and acquisitions, building high-performance teams and creating shareholder value.

Alfonso will be responsible for all areas of finance, legal affairs and M&A for ISG, reporting to Connors, and will join the ISG executive leadership team.

“I am delighted to welcome Bert to ISG,” said Connors. “Bert and I have known each other for 10 years and I have been impressed with his business acumen and vast array of experience. His global operating leadership as a CEO, his service as a CFO of a multibillion-dollar company, his M&A accomplishments and his experience leveraging technology services to support business operations will be extremely valuable to ISG as we accelerate our growth coming out of the pandemic. Bert’s character, integrity and demeanor are an excellent fit for our growth ambitions.”

Alfonso most recently was the CEO of Yowie Group, a global brand licensing company specializing in the development of consumer products and listed on the Australian Securities Exchange. Prior to Hershey, he was executive vice president and CFO of Cadbury Schweppes Americas beverages and vice president and CFO of the Adams Division of Pfizer.

A native of Cuba, Alfonso has lived in Argentina, Canada, Puerto Rico, the U.K. and the U.S. He holds an MBA degree in marketing and a bachelor’s degree in accounting from Rutgers University. Alfonso is a certified public accountant and serves on the Board of Directors of the NYSE-listed Eastman Chemical Company and is chairman of the Board’s audit committee.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Source: Information Services Group

Comtech Telecommunications Corp. Awarded $1.6 Million Toronto Paramedic Services Next Generation 911 Contract

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Apr. 29, 2021– 
April 29, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, 
Comtech Solacom Technologies, Inc., a division of Comtech’s Commercial Solutions segment, was awarded a Next Generation 911 (“NG911”) services contract to provide its Guardian call management solution to the Toronto Paramedic Services, the largest municipal paramedic service in 
Canada. The Toronto Paramedic Services is Comtech Solacom’s latest customer in that region, joining the 
Toronto Police Services which also recently awarded a contract to Comtech Solacom. The new system award, including multiple optional years of support, is worth 
$1.6 million.

The public safety answering points (“PSAPs”) will receive Guardian Intelligent Workstations (“IWS”), which are powerful NG911 call taking positions designed to maximize the effectiveness of call taking. The intuitive user interface allows Call Takers to quickly assess, prioritize and handle landline, wireless and VoIP calls. Call Takers can quickly create multi-party conferences, transfer calls, determine the location of callers and play back recently recorded conversations. The Guardian IWS is also engineered to be future proof so that next generation capabilities such as exchanging video, images and data with specially trained staff, can be supported once they become available to the public. In addition, the system is designed according to industry standards and the Canadian Radio-Television and Telecommunication (“CRTC”) Next Generation 911 directives.

“We’re delighted to be working with the 
City of Toronto again as we deploy a full turnkey next generation Guardian call handling solution to the Toronto Paramedic Services,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “Guardian’s geo-diverse system will deliver a robust and scalable system in a technological environment that demands high availability and reliability.”

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. is a leader in the global communications market headquartered in 
Melville, New York. With a passion for customer success, 
Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please 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.

Media Contact:
Michael D. Porcelain, President and Chief Operating Officer

Comtech Telecommunications Corp.
(631) 962-7000
info@comtechtel.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $1.6 Million Toronto Paramedic Services Next Generation 911 Contract

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Apr. 29, 2021– 
April 29, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, 
Comtech Solacom Technologies, Inc., a division of Comtech’s Commercial Solutions segment, was awarded a Next Generation 911 (“NG911”) services contract to provide its Guardian call management solution to the Toronto Paramedic Services, the largest municipal paramedic service in 
Canada. The Toronto Paramedic Services is Comtech Solacom’s latest customer in that region, joining the 
Toronto Police Services which also recently awarded a contract to Comtech Solacom. The new system award, including multiple optional years of support, is worth 
$1.6 million.

The public safety answering points (“PSAPs”) will receive Guardian Intelligent Workstations (“IWS”), which are powerful NG911 call taking positions designed to maximize the effectiveness of call taking. The intuitive user interface allows Call Takers to quickly assess, prioritize and handle landline, wireless and VoIP calls. Call Takers can quickly create multi-party conferences, transfer calls, determine the location of callers and play back recently recorded conversations. The Guardian IWS is also engineered to be future proof so that next generation capabilities such as exchanging video, images and data with specially trained staff, can be supported once they become available to the public. In addition, the system is designed according to industry standards and the Canadian Radio-Television and Telecommunication (“CRTC”) Next Generation 911 directives.

“We’re delighted to be working with the 
City of Toronto again as we deploy a full turnkey next generation Guardian call handling solution to the Toronto Paramedic Services,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “Guardian’s geo-diverse system will deliver a robust and scalable system in a technological environment that demands high availability and reliability.”

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. is a leader in the global communications market headquartered in 
Melville, New York. With a passion for customer success, 
Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please 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.

Media Contact:
Michael D. Porcelain, President and Chief Operating Officer

Comtech Telecommunications Corp.
(631) 962-7000
info@comtechtel.com

Source: 
Comtech Telecommunications Corp.

ISG to Announce First-Quarter Financial Results

 

STAMFORD, Conn.–(BUSINESS WIRE)– Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, said today it will release its first-quarter financial results on Monday, May 10, 2021, at approximately 4:30 p.m., U.S. Eastern Time.

The firm will host a conference call with investors and industry analysts the following day, Tuesday, May 11, 2021, at 9 a.m., U.S. Eastern Time. Dial-in details are as follows:

• The dial-in number for U.S. participants is 1-800-367-2403;
• International participants should call 001-334-777-6978;
• The security code to access the call is 8193481.

Participants are requested to dial in at least five minutes before the scheduled start time.

A recording of the conference call will be accessible on ISG’s website (www.isg-one.com) for approximately four weeks following the call.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Source: Information Services Group, Inc.

Comtech Telecommunications Corp. Awarded Orders Totaling $3.8 Million with Tier-One Mobile Network Operator

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Apr. 14, 2021– 
April 14, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communication technologies, announced today, that during its third quarter of fiscal 2021, its Location Technologies group, a division of Comtech’s Commercial Solutions segment, has finalized orders aggregating over 
$3.8 million with a tier-one mobile network operator. These orders are for additional capabilities on Comtech’s Virtual Mobility Location Center platform including Kubernetes, which provides a system for automating deployment, scaling, and operations of application containers across clusters of hosts.

“This key tier-one mobile network operator has been a 
Comtech customer for many years, using a variety of location-based platforms, producing valuable results for their end customers,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “These orders reinforce our partnership with this major 
U.S.-based carrier, deepening our lengthy existing relationship.”

The Location Technologies group of 
Comtech Telecommunications Corp. is a leading provider of precise device location, mapping and messaging solutions for public safety, mobile network operators, and enterprise solutions. Sold around the world to mobile network operators, government agencies, and Fortune 100 enterprises, our platforms locate, map, track, and message. For more information, visit www.comtechlocation.com.

Comtech Telecommunications Corp. is a leader in the global communications market headquartered in 
Melville, New York. With a passion for customer success, 
Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please 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.

Media Contact:

Michael D. Porcelain, President and Chief Operating Officer

Comtech Telecommunications Corp.
631-962-7000
info@comtechtel.com

Source: 
Comtech Telecommunications Corp.