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COM DEV wins its largest-ever switch order

May 1, 2012

COM DEV International Ltd. has been awarded fully funded Authorization to Proceed to begin work on a contract valued in excess of $15 million. COM DEV will deliver coaxial and waveguide switches for use on two commercial satellites providing high-speed broadband service to rural and remote areas of Australia. It is expected that the contract will be fully executed by the end of this month. Work on the contract will be carried out at the Company's facility in Cambridge, Ontario with completion expected by July 2013.

"This is a record amount for a contract in our Switch Business Unit and it illustrates the sheer size of the new generation of high-throughput satellites," said Mike Williams, president of COM DEV International Products. "It has been won thanks to our history of providing exceptional value to our customer married with our ongoing investment in this exciting new business area. Furthermore, the scale of our production facility makes us one of the very few suppliers in the world with sufficient capacity to deliver on an order of this magnitude."