Outerbridge Issues Presentation Detailing the Need for Board Refreshment at Comtech
Outerbridge Capital Management, LLC ("Outerbridge"), a beneficial owner of approximately 4.9% of Comtech Telecommunications (News - Alert) Corp.'s (NASDAQ: CMTL) ("Comtech" or the "Company") outstanding shares of common stock, today issued an investor presentation outlining the case for change at Comtech. Outerbridge has nominated two highly qualified director candidates - Wendi Carpenter and Sidney "Sid" Fuchs - for election to the Comtech Board of Directors (the "Board") at the upcoming 2021 Annual Meeting of Stockholders (the "Annual Meeting") scheduled for December 17, 2021.
The presentation is available here and additional materials are available at: https://www.restorecomtech.com/stockholder-materials.
The presentation highlights the following:
About Outerbridge Capital Management, LLC
Outerbridge Capital Management, LLC is a New York-based investment adviser that typically invests across the technology and technology-impacted sectors. As part of its investment process, Outerbridge regularly conducts significant due diligence on its portfolio companies and engages constructively with both management teams and boards where appropriate.
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