RICHMOND, BC, Aug. 11, 2014 /CNW/ - MacDonald, Dettwiler and Associates Ltd. ("MDA" or the "Company") (TSX:MDA), a global communications and information company, today announced that
in an order issued August 8, 2014, the federal court hearing ViaSat
Communications, Inc.'s (ViaSat) lawsuit against Space Systems/Loral,
LLC (SSL) vacated all damages the jury awarded to ViaSat, finding that
the jury award was a "miscarriage of justice." The Court ordered a new
trial on damages.
The Court deferred any ruling on ViaSat's motion for a permanent
injunction, which seeks to bar SSL from manufacturing satellites which
are significantly similar to Jupiter-1 with respect to the three
patented technologies at issue in the case, scheduling argument on that
motion for August 26, 2014.
MDA is a global communications and information company providing
operational solutions to commercial and government organizations
MDA's business is focused on markets and customers with strong repeat
business potential, primarily in the Communications sector and the
Surveillance and Intelligence sector. In addition, the Company conducts
a significant amount of advanced technology development.
MDA's established global customer base is served by more than 4,800
employees operating from 11 locations in the United States, Canada, and
The Company's common shares trade on the Toronto Stock Exchange under
the symbol "MDA."
This news release contains forward-looking statements and information,
which reflect the current view of MacDonald, Dettwiler and Associates
Ltd. and its subsidiaries (collectively "MDA" or the "Company") with
respect to future events and financial performance. The forward-looking
statements in this regard include statements regarding on-going
litigation proceedings. The eventual outcome of this dispute may differ
materially from the expectations expressed or implied in the
forward-looking statements as a result of known and unknown risks and
uncertainties. The factors and assumptions underlying the
forward-looking statements in this release include any subsequent
determinations made by the trial judge or at a new trial on damages,
including any injunctions or any determinations made on any appeal
which, if taken, could be contrary to the verdict of the jury, and may
include an award of damages and that a jury may find any infringement
willful and award enhanced damages and whether contracts will be
awarded to SSL for satellites. 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.
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