RICHMOND, BC, Feb. 11, 2013 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
("MDA" or the "Company") (TSX: MDA), a provider of essential information
solutions, announced today that it has signed a contract valued at US$4.3
million with OGSystems (OGS) to develop a prototype surveillance solution for
the U.S. Army Corps of Engineers, Army Geospatial Center (AGC). MDA will
develop a very small, mobile ground station that can be rapidly deployed to
any area of interest around the world to receive and process imagery from
multiple commercial satellites.
Leveraging the Company's ground station expertise, along with a previous
demonstration system provided to theAGC in September 2010, MDA's solution
will include a streamlined user interface and compatibility with secure
communications and computing environments.
MDA is a global communications and information company providing operational
solutions to commercial and government organizations worldwide.
MDA's business is focused on markets and customers with strong repeat business
potential. In addition, the Company conducts a significant amount of advanced
MDA's well-established global customer base is served by more than 5,000
employees operating from 17 offices located in the United States, Canada, and
The Company's common shares trade under the symbol TSX:MDA.
Related Websites: www.mdacorporation.com
This release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd. ("MDA" or
the "Company") with respect to future events and financial performance. The
forward-looking statements in this regard include statements regarding the
award of a contract related to a government project. Any such
forward-looking statements are based on MDA's current expectations, estimates,
projections and assumptions in light of its experience and its perception of
historical trends. The factors and assumptions underlying the
forward-looking statements in this release include contracts not being
terminated. Any such forward-looking statements are subject to a number of
risks and uncertainties that could cause actual results to differ materially
from current expectations. MDA cautions readers that should certain risks or
uncertainties materialize, or should underlying assumptions prove incorrect,
actual results may vary significantly from those expected. The risks that
could cause actual results to differ from current expectations include, but
are not limited to, changes in government priorities, mandates, policies,
funding levels, contracts and regulations, partial or complete termination of
a government funded project, failure of third parties and subcontractors,
failure of systems to meet performance requirements and failure to anticipate
changes in technology, technical standards and offerings or compliance with
the requisite standards.
For additional information with respect to certain of these risks or factors,
plus additional risks or factors, reference should be made to the Company's
continuous disclosure materials filed from time to time with Canadian
securities regulatory authorities, which are available online under the
Company's profile at www.sedar.com or on the Company's website at
The Toronto Stock Exchange has neither approved nor disapproved the form or
content of this release.
CONTACT: Wendy Keyzer MDA External Relations (604) 231-2743
SOURCE: MacDonald, Dettwiler and Associates Ltd.
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CO: MacDonald, Dettwiler and Associates Ltd.
ST: British Columbia
NI: ARO SOF ORDER
-0- Feb/11/2013 22:00 GMT
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