PALO ALTO, Calif., July 18, 2013 /CNW/ - Space Systems/Loral (SSL), a leading
provider of commercial satellites, today announced that it has signed a
contract with an undisclosed customer to provide a multi-mission satellite to
be used for telecommunications, television broadcast, and other services such
as distance learning.
SSL, a subsidiary of MDA, has a long history of delivering reliable satellites
and spacecraft systems for commercial and government customers around the
world. As a leading provider of commercial satellites, the company works
closely with satellite operators to provide spacecraft for a broad range of
services including television and radio distribution, digital audio radio,
broadband Internet, and mobile communications. Billions of people around the
world depend on SSL satellites every day. For more information, visit
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 4,500
employees operating from 11 offices located in the United States, Canada, and
MacDonald, Dettwiler and Associates Ltd.'s (MDA) common shares trade under the
Related Websites: www.mdacorporation.com www.ssloral.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. 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, failure of third parties and
subcontractors, partial or complete failure of a satellite or related systems;
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.
SOURCE MacDonald, Dettwiler and Associates Ltd.
Wendy Keyzer MDA External Relations (604) 231-2743 firstname.lastname@example.org
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CO: MacDonald, Dettwiler and Associates Ltd.
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-0- Jul/18/2013 21:00 GMT
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