MDA to provide advanced technology solution for telecommunications satellite
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today it has signed a contract in excess of $10 million (CAD) with EADS Astrium, the Prime Contractor for Inmarsat’s Alphasat I-XL mission, to provide two advanced technology solutions for use on Alphasat, a telecommunications satellite. The solutions will be delivered in late 2010.
For immediate release: August 21, 2009
Richmond, B.C. - MacDonald, Dettwiler and Associates
Ltd. (TSX: MDA), a provider of essential information solutions,
announced today it has signed a contract in excess of $10 million (CAD) with
EADS Astrium, the Prime Contractor for Inmarsat’s Alphasat I-XL mission, to
provide two advanced technology solutions for use on Alphasat, a
telecommunications satellite. The solutions will be delivered in late
2010.
Alphasat is the first flight opportunity of the new European Large
Platform Alphabus developed by EADS Astrium and Thales Alenia Space under ESA /
CNES contract.
With a targeted launch date of 2012, Alphasat will support
Inmarsat’s existing global mobile satellite services with coverage centered over
Africa, in addition to providing additional coverage to Europe, the Middle-East
and parts of Asia. Once launched, the satellite
will provide increased capacity able to handle more than 750 channels with
improved quality, particularly for satellite phone
users.
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.
MDA employs
more than 3,200 people in locations across the United States, the United Kingdom, and Canada. 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
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. 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 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


