RICHMOND, BC, Sept. 23 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today
that is has signed a $4 million (CAD) contract with the European Space Agency
(ESA) to provide the data and information processing solution for ESA's next
Synthetic Aperture Radar (SAR) satellite Sentinel-1, expected to launch in
MDA's solution will process the raw SAR data from the satellite to
extract information specific to a wide variety of applications, such as in
crises and emergencies associated with natural, technological and humanitarian
disasters; mapping land-cover for city planning; managing ocean resources;
improving safety and efficiency of maritime transport, shipping, and naval
operations; anticipating and mitigating the effects of environmental hazards
and pollution crisis; and monitoring sea ice.
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 3,300 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)