RICHMOND, BC, April 22, 2014 /CNW/ - MacDonald, Dettwiler and Associates Ltd. ("MDA" or the "Company") (TSX:MDA), a global communications and information company, announced today that
it has signed a contract with DigitalGlobe, Inc., to expand its
existing direct access ground systems to include the ability to task,
downlink, and process imagery from the WorldView-3 and GeoEye-1
MDA has also signed an agreement to become DigitalGlobe's preferred
supplier of ground station solutions offered to international
customers. This is an update to an agreement announced in December 2006. MDA's solution enables customers to directly access the optical
imaging capabilities of the supported satellites to obtain timely and
accurate geospatial data that is critical for decision-making.
Don Osborne, MDA's group vice president of Information Systems said, "We
are excited to renew our long-standing partnership agreement, which
allows DigitalGlobe and MDA to deliver systems enabling direct access
to DigitalGlobe's satellite constellation that provide the world's
highest resolution commercial imagery."
MDA is a global communications and information company providing operational
solutions to commercial and government organizations worldwide.
MDA's business is focused on markets and customers with strong repeat
business potential. In addition, the Company conducts a significant
amount of advanced technology development.
MDA's well-established global customer base is served by more than 4,800
employees operating from 11 offices located in the United States,
Canada, and internationally.
The Company's common shares trade under the symbol TSX:MDA.
This release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd.
("MDA" or the "Company") 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. 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,
but are not limited to: risks associated with interfacing with a
satellite including in-orbit failures or impaired satellite
performance; failure of third parties and subcontractors; failure of
systems to meet performance requirements; and failure to anticipate
changes in technology, technical standards and offerings or compliance
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 under the Company's profile 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.
SOURCE: MacDonald, Dettwiler and Associates Ltd.
For further information:
MDA External Relations