MDA receives follow-on contract for land information
FOR IMMEDIATE RELEASE
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA),
a provider of essential information solutions, announced today that it
has received a $12 million dollar follow-on contract from an undisclosed
customer in the U.S. to continue production of the Global Land Cover
product. Global Land Cover is a land classification of the Earth’s
surface. Classifications are broken down into several categories
including shrubs, forest, water bodies, and urban areas. This
information is used by professionals to better analyze things such as
wetlands, urban sprawl, and navigational aids used for applications such
as environmental monitoring and visual navigation.
About MDA
MDA provides advanced
information solutions that capture and process vast amounts of data,
produce essential information, and improve the decision making and
operational performance of business and government organizations
worldwide.
Focused on markets and customers with strong repeat business potential,
MDA delivers a broad spectrum of information solutions, ranging from
complex operational systems, to tailored information services, to
electronic information products.
The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.
Related Websites:
www.mdacorporation.com
Forward-Looking Statements
This release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd.
(“MDA”) with respect to future events and financial performance. The
forward-looking statements in this regard include statements regarding
the award of a follow-on 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 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
comply 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
MDA’s continuous disclosure materials filed from time to time with
Canadian securities regulatory authorities, which are available online
at www.sedar.com or on MDA’s website at www.mdacorporation.com.
The Toronto Stock Exchange has neither approved nor disapproved the form or content of this release.


