ASSET PURCHASE AGREEMENT



                            dated as of March 2, 2001



                                     between



                             MPD TECHNOLOGIES, INC.



                                       and



                        COMTECH TELECOMMUNICATIONS CORP.



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                                TABLE OF CONTENTS



                                                                            Page



                              ARTICLE I DEFINITIONS



Section 1.01 Certain Defined Terms.............................................1

Section 1.02 Glossary of Defined Terms.........................................6

Section 1.03 Terms Generally...................................................6



                          ARTICLE II PURCHASE AND SALE



Section 2.01 Assets to Be Sold.................................................7

Section 2.02 Assumption and Exclusion of Liabilities...........................9

Section 2.03 Purchase Price...................................................11

Section 2.04 Closing..........................................................11

Section 2.05 Closing Deliveries by the Purchaser..............................11

Section 2.06 Closing Deliveries by the Sellers................................12

Section 2.07 Adjustment of Purchase Price.....................................12



            ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE SELLER



Section 3.01 Incorporation and Authority of the Seller........................15

Section 3.02 No Conflict......................................................15

Section 3.03 Consents and Approvals...........................................15

Section 3.04 No Subsidiaries; Affiliates......................................15

Section 3.05 Financial Information............................................16

Section 3.06 Absence of Undisclosed Liabilities...............................16

Section 3.07 Absence of Certain Changes or Events.............................16

Section 3.08 Compliance with Laws.............................................16

Section 3.09 Litigation.......................................................17

Section 3.10 Material Contracts...............................................17

Section 3.11 Intellectual Property............................................17

Section 3.12 Environmental Matters............................................18

Section 3.13 Assets...........................................................18

Section 3.14 Inventories......................................................18

Section 3.15 Taxes............................................................18

Section 3.16 Product and Service Warranties...................................19

Section 3.17 Labor Matters; Employment Matters................................19

Section 3.18 Brokers..........................................................19

Section 3.19 Backlog..........................................................19

Section 3.20 Insurance........................................................19

Section 3.21 No Other Representations.........................................19



           ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE PURCHASER



Section 4.01 Incorporation and Authority of the Purchaser.....................20



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Section 4.02 No Conflict......................................................20

Section 4.03 Consents and Approvals...........................................20

Section 4.04 Litigation.......................................................21

Section 4.05 Financing........................................................21

Section 4.06 Brokers..........................................................21

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