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May 31, 2010
MDA to support U.S. National Security Programs
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), aa provider of essential information solutions,
announced today that its U.S. operation, MDA Information Systems, Inc. has been
awarded several contracts from confidential customers within the past months, totaling
over $7 Million (USD). MDA is building advanced technology solutions in support
of U.S. National Security Programs, which are slated to be delivered in 2010 and
2011.
'MDA takes seriously the trust that our customers have placed in us to provide reliable
and quality solutions for programs of such national importance,' said Ted Cheng,
general manager, MDA Information Systems, Inc. 'The growing depth and breadth of
our engineering presence allows us to respond with solutions that will meet the
critical needs of our customers.'
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 Statement
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 its role in providing essential solutions for
the on-going utilization of the International Space Station (the "Solution"). 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 Solution performing as expected. 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
inherent risks in unmanned missions and exploration initiatives, including general
economic, regulations and competitor changes; changes in government priorities,
funding levels, contracts and regulations; and failure to anticipate changes in
technology, technical standards and advanced technology 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.
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