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COM DEV USA to begin work on major civil space program

COM DEV USA, LLC, a subsidiary of COM DEV International Ltd. (TSX: CDV), has been awarded a $1.6 million Authorization to Proceed (ATP) to supply passive microwave components for a U.S. Government civil space program. The design and production work will be performed at the Company’s manufacturing facility in El Segundo, California. The ATP is expected to lead to a full contract valued in excess of $18 million, with delivery anticipated by the end of COM DEV’s 2010 fiscal year.

The ATP represents COM DEV USA’s first production win since it acquired an established passive microwave devices business in May, 2008 and began transferring the operations into its recently purchased El Segundo location. The transfer process has included extensive customer reviews designed to verify that the new production environment is suitable for continued work on ongoing programs. In selecting COM DEV to work on a major program, the customer has demonstrated its confidence that the Company is prepared to complete a significant program from its new facility.

"This award marks a key milestone for our company," said Dan White, President of COM DEV USA. "Our customer has thoroughly assessed our capabilities and has confidence in our long-term stability and readiness to successfully complete a project of this scale. With a strong pipeline of opportunities ahead, we believe we are well positioned to establish ourselves as the leading domestic supplier of passive microwave equipment for the government space market."

 [September 25, 2008]


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