DD :Comtech Wins $5 Mln In Orders From A Leading IPTV Set-Top Box Vendor In China - Quick Facts
Wednesday, June 21, 2006; Posted: 11:57 AM
(RTTNews) - Comtech Group, Inc. (COGO | charts | news | PowerRating) said Wednesday that it has secured a series of contracts valued collectively at more than $5 million from a leading IPTV set-top box vendor based in China.
The company said it would begin to deliver both products and services associated with these contracts in June with shipments continuing through the third calendar quarter of 2006.
Comtech officially entered the home entertainment market in 2005 with the first quarter of 2006 representing the first significant revenue recognized from the design of customized module solutions for IPTV set-top box vendors in China.
The contracts announced today are important as they represent the largest purchase order to date from a single customer.
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