MWC announces donation to Concordia University

Montreal Simulation Group Shows Appreciation to the University's Faculty of Engineering and Computer Science that Graduated the Group's Founders

MONTREAL, March 3 /CNW Telbec/ - Mechtronix World Corporation (MWC), one of the top leading providers of airline operations and training solutions in the world, today announced a significant monetary donation to Concordia University's Faculty of Engineering and Computer Science to promote and support the department's research activities. In an official dedication ceremony held today at the university's premises, Joaquim Frazao Vice-President and Co-founder of Mechtronix Systems, a division of MWC, presented the donation to both Dr. Judith Woodsworth and Dr. Robin A.L. Drew, respectively President and Vice-Chancellor of Concordia University and Dean of the Faculty of Engineering and Computer Science. MWC's financial contribution will be distributed over a period of five years to the Faculty.

Dr. Woodsworth said, "We are grateful to Mechtronix World Corporation for its continuing support of Concordia, our Faculty of Engineering and Computer Science and our students. The funds will help refurbish an important engineering laboratory that will allow our students to push their inventiveness to the limits. This gift is part of Mechtronix's ongoing support and is a vote of confidence in the calibre of education and hands-on experience students receive at Concordia."

"Donating to Concordia University and investing in higher education is very important to MWC; it's an investment for the future as giving the students the means to be creative and innovative will better prepare them for their professional life", said Joaquim Frazao, Mechtronix Systems' Vice-President and former professor at Concordia University. "The core of MWC's success relies on exceptional R&D and we believe it is fundamental to encourage it at the educational level. Furthermore, skilled and well-prepared students can only be positive for entrepreneurs like us as we always need innovative thinking to continue moving forward and further pushing industry boundaries."

"We are very happy to be able to give back to the institution which has been instrumental in making Mechtronix Systems a leading innovative player in the flight simulation and training industry", said Mechtronix Systems' President Hervé. "Ever since we graduated, we have supported Concordia University in different ways including the donation of a simulator to the Aerospace Institute of the Faculty of Engineering and Computer Science. It is an honor to be associated to a renowned institution like Concordia University that attracts many students from all over the world each year and it is also a pleasure to contribute to the next generation successes."

Mechtronix Systems was founded in the late 1980s by a team of engineering students from Concordia University who successfully discovered that micro-processor technology could be used for industrial applications in flight simulation. Giving students the opportunity to make their dream become a reality is at the core of MWC values and the founders also want to give back to Concordia University in appreciation of their engineering faculty's innovative thinking safeguarding the concept of Intelligent Machines created at the time when they were students themselves.

About Concordia University

Concordia University is the preferred choice for students who are facing the challenges of globalization and wish to obtain a first-rate education. Its reputation as one of Canada's most dynamic and innovative universities has its roots in more than 100 years of academic excellence and student success. Concordia is welcoming and committed to innovation and excellence in education, research, creative activity and community partnerships.

About Mechtronix World Corporation (MWC)

Mechtronix World Corp. (MWC) is a world leader in the development and delivery of innovative aircrew training solutions for general, business and commercial aviation. Based in Montreal, the holding organization comprises three core operating divisions, Mechtronix Systems Inc., Mechtronix Capital and ETOPS Aviation Services. With a team of 250+ employees strategically located around the globe - America, Europe and Asia - MWC offers integrated solutions to provide customers with training and operational products and services to fund and support next generation training centers. Worldwide customers include major airlines, training centers and training organizations. Backed by the Caisse de dépôt et placement du Québec, Canada's largest institutional investor and Richardson Capital Limited, a leading Canadian private equity firm, MWC is one of the top providers in the global flight simulation and training industry. To learn more, visit www.mwc.mechtronix.com

SOURCE MECHTRONIX SYSTEMS

For further information: For further information: Lucy Niro, Director, Communications, Advancement and Alumni Relations, Concordia University, (514) 848-2424, ext. 4977, Cell: (514) 467-4955, Lucy.Niro@concordia.ca; Adeline Gautier, Marketing Director, Mechtronix Systems Inc., (514) 342-0800, agautier@mechtronix.com

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MECHTRONIX SYSTEMS

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