RICHMOND, BC, Oct. 24 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today
that it has entered into a 5-year multi-million dollar contract with Petroleos
Mexicanos (PEMEX) for the continued monitoring of natural oil seeps and oil
spills in the Gulf of Mexico using RADARSAT satellite data.
PEMEX has been using RADARSAT data provided by MDA since 2001. Through
its work with MDA the company has established a maritime monitoring program in
the Gulf of Mexico to increase its environmental performance with regards to
oil spill prevention and response, as well as to develop a deeper
understanding of the behaviour of natural oil seeps in support of its
PEMEX spokesperson, Miguel Herrera stated, "One of the key strengths of
working with MDA and the RADARSAT program is MDA's ability to support timely
delivery of data and information in the event of an oil spill. We are also
looking forward to the launch of RADARSAT-2 which will provide more advanced
imaging capabilities that will further enhance our environmental stewardship
and exploration initiatives."
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 earth and space based information solutions,
ranging from complex operational systems, to tailored information services, to
electronic information products.
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)