MDA to provide advanced technology solution for Astra satellites
For immediate release: July 20, 2010
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA),
a provider of essential information solutions, announced today that it
has been awarded a contract in excess of $13 million (CAD) to provide
EADS Astrium with four advanced technology solutions that will be
integrated into the Astra satellites.
The new satellites will serve to deliver next generation broadcast,
VSAT and broadband services in Europe and Africa and add new capacity
as well as fleet deployment flexibility for the SES group over the
coming years. The satellites are scheduled for launch in several steps
between 2012 and 2014.
In 2009, MDA was contracted to provide advanced technology solutions to
EADS Astrium for their Astra 1N satellite and in 2007 for the Astra 3B
satellite.
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
www.astrium.eads.net
www.ses.com
Forward-Looking Statements
This release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd.
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. Any
such forward-looking statements are subject to risks and uncertainties
and MDA’s actual results of operations could differ materially from
historical results or current expectations. The factors and assumptions
underlying the forward-looking statements in this release include
contracts not being terminated. 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;
changes in government priorities, funding levels, contracts and
regulations; satellite failure; and failure to anticipate changes in
technology, technical standards and product 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.
For more information, please contact:
Wendy Keyzer
MDA External Relations
Telephone: 604-231-2743
E-mail: wendy@mdacorporation.com


