MDA extends provision of RADARSAT-2 information with operational customer
RICHMOND, BC, Feb. 24, 2014 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
("MDA" or the "Company") (TSX: MDA), a global communications and information
company, announced today that it has signed contracts totaling approximately
CA$3.5 million dollars with Collecte Localisation Satellites (CLS), France.
MDA will extend its provision of RADARSAT-2 data to ground stations located in
Brest, France; La Reunion Island; and Kerguelen Islands.
The RADARSAT-2 imaging capabilities are used by CLS to derive information and
support a number of applications: maritime surveillance and detection of
illegal, unregulated and unreported fishing ships in the South Western Indian
Ocean, around the Heard and MacDonald Islands, and around Kerguelen Island;
and for mapping, research and maritime surveillance around Europe and over
French overseas Economic Exclusive Zones.
The RADARSAT-2 satellite has global high-resolution surveillance capabilities
that include a large collection capacity and high accuracy. The satellite
acquires data regardless of light or weather condition, provides frequent
re-visit imaging options, and is supported by ground receiving stations that
provide near real-time information delivery services. This versatility makes
RADARSAT-2 a reliable source.
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 4,800
employees operating from 11 offices located in the United States, Canada, and
The Company's common shares trade under the symbol TSX:MDA.
CLS was founded in 1986 by CNES (French space agency), and IFREMER (French
research institute for the exploration of the sea). CLS Group is a global
provider of location services, environmental data collection, ocean
observation, maritime and land surveillance services. It employs 500 people
operating from 17 offices and is present in more than 100 countries.
CLS has been providing satellite monitoring services for more than 10 years
around the Heard and MacDonald Islands, and around Kerguelen Island to support
the detection of illegal, unregulated and unreported fishing activities in the
Southern Indian Ocean.
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 contracts. 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: risks associated with operating
a satellite including in-orbit failures or impaired satellite performance
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.
SOURCE MacDonald, Dettwiler and Associates Ltd.
CONTACT Wendy Keyzer MDA External Relations (604) 231-2743
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CO: MacDonald, Dettwiler and Associates Ltd.
ST: British Columbia
NI: ARO SOF ORDER
-0- Feb/24/2014 22:00 GMT
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