RICHMOND, BC, Feb. 26 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today
that it has received a ten-year renewal on the licence with the Council for
the National Land Information Service (CNLIS) to operate the NLIS Hub. Through
the NLIS hub MDA provides the electronic delivery of land ownership
information in England and Wales to licensed Channel operators.
NLIS is the largest provider of official Local Authority, HMLR, Coal
Authority and Thames Water searches, and was established seven years ago as a
private-public partnership with investment from MDA. This renewal assures
stability in the electronic supply of search information in England and Wales
for the coming years, and secures MDA's position as the electronic provider of
official search information to the UK property search market.
England and Wales jointly have a population of about 60 million people
who generate over one million land ownership searches per annum.
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
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
MDA employs more than 3,000 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.
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. 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. Additional information on these and other potential factors that
could affect MDA's financial results are detailed in documents filed from time
to time with the applicable Canadian securities regulatory authorities.
The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.
For further information:
For further information: Wendy Keyzer, MDA External Relations, (604)