CAE celebrates 60 years of innovation and launches CAE 5000 Series full-flight simulator



    
    - Brand new, breakthrough design expands full-flight simulator portfolio
      to address new market segments
    - Launch customers are Lufthansa Flight Training, Ryanair and CAE Civil
      Training & Services
    

    MONTREAL, March 28 /CNW Telbec/ - (NYSE:   CGT; TSX: CAE) - CAE celebrated
today 60 years of innovation with employees, customers and guests from around
the world.
    Mr. Robert E. Brown, CAE's President and Chief Executive Officer,
dedicated the celebration to past and present employees. "Our employees have
made this company the leader it is today. Thanks to their dedication and
commitment, CAE has developed expertise and knowledge recognized around the
world."
    CAE marked the event by launching a breakthrough product, the CAE 5000
Series full-flight simulator. This new product addresses training requirements
for high-volume commercial narrow-body aircraft such as the B737 and the A320,
as well as the business jet market including the emerging Very Light Jets
(VLJs).
    "Over the years, CAE has lead the industry with more than 60 firsts,
including the first six-degrees-of-freedom motion system, first Level D
simulator, first PC-based suite of training devices featuring high-fidelity
software, and many prototype simulators for new aircraft. Today, CAE is also
innovating by adding a new line of full-flight simulators called the CAE 5000
Series which broadens what is already the industry's most comprehensive
portfolio of simulation and training solutions." Mr. Brown added.
    The 5000 Series is a direct result of input from CAE's customer and
technical advisory boards, CAE's own training instructors, and close
coordination with regulatory agencies worldwide. Customers wanted CAE's
quality, reliability and fidelity in a product that would help them be more
cost efficient and address specific training requirements, including:
    
    - Initial and recurrent training on narrow-body platforms (A320, 737NG),
      which are expected to account for 60% of aircraft deliveries over the
      next 20 years
    - Business aviation training, including the emerging VLJ segment
    - Third-party training, including emerging Multi-crew Pilot License (MPL)
      training programs designed to address the global pilot shortage

    "We believe we have brought to our customers the most innovative solution
designed specifically to meet evolving training requirements brought about by
new regulations, new aircraft types and emerging markets," said Marc Parent,
CAE's Group President, Simulation Products and Military Training & Services.
"The CAE 5000 Series meets market demands for lower acquisition costs, reduced
lifecycle costs and faster delivery times, and offers CAE's renowned quality
and reliability together with the broadest global customer support
capabilities in the industry."
    The CAE 5000 Series launch customers are:

    - Lufthansa Flight Training: Lufthansa Flight Training has signed a
      contract for an Airbus A320 5000 Series full-flight simulator (FFS).
      This contract brings to 34 the number of full-flight simulator orders
      CAE has announced in fiscal 2007.
    - Ryanair : The five FFS announced and ordered by the airline in October
      2006 will all be CAE 5000 Series FFSs.
    - CAE's own global training network: CAE is currently designing and
      manufacturing one 5000 Series FFS for each of the A320 and B737
      aircraft types, and will deploy them within CAE's global training
      network early next year. The CAE 5000 Series will also be used in the
      CAE-Airbus pilot-training cooperation.

    It is expected that the simulators that will be used in the Embraer-CAE
joint venture will be CAE 5000 Series. The joint venture with Embraer
announced in October 2006 will provide comprehensive pilot and ground crew
training to Embraer Phenom customers.
    "Lufthansa Flight Training has been intimately involved in the product
definition and design of the CAE 5000 Series, as part of CAE's customer and
technical advisory boards," said Florian Hamm, CEO of Lufthansa Flight
Training GmbH. "LFT is well known as a front-runner in implementing innovative
technology. We are looking forward to having a 5000 Series simulator ready for
training at our training centre in Berlin in 2008."
    "The 5000 Series represents a breakthrough in innovative design,"
commented Jacques Drappier, Airbus' Vice President, Training and Operations.
"It will serve well the training requirements of the customers of the
CAE-Airbus training cooperation."
    The new CAE 5000 Series is a complementary product between the CAE
Simfinity(R) line of training devices and CAE's existing, customized Level D
simulator, which has also been enhanced and upgraded with the latest
technologies and is now called the CAE 7000 Series.
    CAE 5000 Series simulators for both the B737NG and Airbus A320 will be
available in early 2008. List prices will depend on the aircraft platform and
configuration, and will range from C$8 to C$11 million.
    For more information on the CAE 5000 Series FFS, visit cae.com/5000.

    CAE is a world leader in providing simulation and modelling technologies,
and integrated training services to the civil aviation industry and defence
forces around the globe. We design, manufacture and supply simulation
equipment and offer training and services. This includes integrated modelling,
simulation and training solutions for commercial airlines, business aircraft
operators, aircraft manufacturers and military organizations and a global
network of training centres for pilots, and in some instances, cabin crew and
maintenance workers.
    With annual revenues of over C$1 billion, CAE operates in 19 countries
around the world. CAE has sold nearly 700 simulators and training devices to
airlines, aircraft manufacturers, training centres and defence forces for air
and ground purposes in more than 40 countries. We have over 110 full-flight
simulators in more than 20 aviation training centres, serving approximately
3,500 airlines, aircraft operators and manufacturers across the globe. CAE
licenses its simulation software to various market segments and has a
professional services division assisting customers with a wide range of
simulation-based needs.


                         CAE 5000 Series Fact Sheet
                         --------------------------

    Design team launched:        January 2006

    Applications:                Narrow-body aircraft (A320 and B737NG)
                                 Business jets, including Very Light Jets
                                 (VLJs)

    Target customers:            Repeat buyers of simulators for high-volume
                                 narrow-body aircraft
                                 Smaller airlines considering the move to
                                 in-house training
                                 Third-party training providers and flight
                                 schools requiring a standardized cost-
                                 effective FFS including the emerging Multi-
                                 Crew Pilot Licence (MPL) training program

    Models offered:              CAE 5200 Series FFS (greatly exceeds Level B
                                 requirements, targeted for recurrent
                                 training)
                                 CAE 5400 Series FFS (exceeds Level D
                                 requirements)

    Technical Features:          Standardized design
                                 Commercial-off-the-shelf (COTS) technologies
                                 PC-based visuals
                                 Liquid Crystal on Silicon (LCoS) projectors
                                 Electric motion
                                 Composite components

    Industrial design features:  Roomy and ergonomic instructor operator
                                 station (IOS)
                                 Comfortable and expanded Non Simulated Area
                                 (NSA) based on human-factors analysis

    List prices:                 C$8-C$11M

    Availability:                First A320 and 737NG to be delivered in
                                 early 2008 to CAE training centres

    Launch customers:            Ryanair (five B737)
                                 Lufthansa Flight Training (one A320)
                                 CAE's own global training network (one B737
                                 and one A320)

    High-resolution downloadable photos of the launch will be available on the
CNW photo newswire and on www.cae.com/photos
    




For further information:

For further information: CAE contacts: Nathalie Bourque, Vice President,
Global Communications, (514) 734-5788, nathalie.bourque@cae.com; Trade media:
Chris Stellwag, Director, Marketing Communications, Simulation Products and
Military Training & Services, (813) 887-1242, chris.stellwag@cae.com; Investor
relations: Andrew Arnovitz, Director, Investor Relations, (514) 734-5760,
andrew.arnovitz@cae.com

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