MDA to Supply a Spacecraft Information Solution
For immediate release: October 22, 2009 Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a multimillion dollar contract with a foreign customer to provide critical elements to assist the capture and docking of a spacecraft with the International Space Station.
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA),
a provider of essential information solutions, announced today that it
has signed a multimillion dollar contract with a foreign customer to
provide critical elements to assist the capture and docking of a
spacecraft with the International Space Station.
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
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 the
contract 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; risks of performance on firm fixed price
contracts; 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
the Company’s continuous disclosure materials filed from time to time
with Canadian securities regulatory authorities, which are available
online at www.sedar.com or on the Company’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


