MMI Investments Withdraws Nomination of Directors in Connection With 2011 Annual Meeting of Comtech Telecommunications Corp.

NEW YORK, Nov. 18, 2011 /PRNewswire/ -- MMI Investments, L.P., a stockholder of Comtech Telecommunications Corp. (Nasdaq: CMTL), announced today that MMI has withdrawn its nomination of two director candidates for election to the Comtech Board of Directors at the upcoming 2011 annual meeting of stockholders. 

Speaking on behalf of MMI, Jerome Lande stated, "We recognize that the Board has started to take steps to address stockholder concerns.  We are pleased with Comtech's addition of Dr. Stanton Sloane as a candidate for election at the 2011 annual meeting and the other corporate governance initiatives announced by the Board since MMI went public with its concerns.  We are gratified that our public appeal for change served as a catalyst for these initiatives."

This is not a solicitation.   Please do not send your proxy card to MMI Investments, L.P.

SOURCE MMI Investments, L.P.