08.03.2006 21:30:00
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Comtech Appoints Robert G. Rouse Chief Operating Officer; Announces Other Appointments
In announcing these appointments, Fred Kornberg, Chairman andChief Executive Officer, said, "The Board of Directors and I aredelighted that, as expected, Rob Rouse has amply demonstrated hisreadiness to assume his new leadership role as Chief Operating Officerof the Company. Rob has already played a critical role in managing ourdramatic growth since joining Comtech nearly five years ago. Ourongoing growth and diversification goals have underscored thedesirability of creating this position, and Rob's personal attributesand intimate involvement with our business operations provide anexcellent basis for a seamless undertaking of his new duties."
Mr. Kornberg continued, "Over the last four years, Mike Porcelainhas worked closely with Rob and me in developing Comtech's financialand strategic initiatives, as well as spearheading our Sarbanes-Oxleyefforts. His deep knowledge of the Company and strong workingrelationships with Rob, me and the rest of the Comtech seniormanagement team, position him well to be an effective Chief FinancialOfficer."
Mr. Kornberg added, "We are also pleased to welcome Jerome Kapelusto Comtech's senior management team. Jerome joins us after servingeighteen years in the financial services industry, most recently as aManaging Director at Bear, Stearns & Company, where he providedinvestment banking services, including mergers and acquisition advice,and capital markets products and solutions, to growth companies in thetelecommunications equipment sector. We anticipate that Jerome will bean important addition to our team and, in particular, a valuedparticipant as we further develop our organic and acquisition growthstrategies."
In conclusion, Mr. Kornberg noted, "The news we announce today,with great pleasure, enhances our management team's ability to excelin carrying out its leadership mission for our dynamic and growingbusinesses."
Comtech Telecommunications Corp. designs, develops, produces andmarkets innovative products, systems and services for advancedcommunications solutions. The Company conducts its business throughthree complementary segments: telecommunications transmission, mobiledata communications and RF microwave amplifiers. The Company offersniche products, systems and services where it believes it hastechnological, engineering, systems design or other expertise thatdifferentiate its product offerings.
Certain information in this press release contains statements thatare forward-looking in nature and involve certain significant risksand uncertainties. Actual results could differ materially from suchforward-looking information. The Company's Securities and ExchangeCommission filings identify many such risks and uncertainties. Anyforward-looking information in this press release is qualified in itsentirety by the risks and uncertainties described in such Securitiesand Exchange Commission filings.
PCMTL
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