CAE acquires Flightscape

    MONTREAL, Aug. 14 /CNW Telbec/ - CAE has signed an agreement to acquire
Flightscape Inc. for approximately C$18 million. Flightscape is an
Ottawa-based safety company providing expertise in flight data analysis and
flight sciences.
    Flightscape's core product and product service offerings are based on the
gathering and analysis of aircraft flight data to deliver improved flight
safety. It offers a suite of aviation safety products and services related to
flight operations quality assurance, flight data management, incident
investigation and accident prevention. The company's customers include many
leading airlines and a majority of international investigation authorities and
OEMs. Flightscape also powers IATA's web-based Flight Data Analysis Service
for airlines seeking an outsourced solution that provides highly specialized
expertise, infrastructure savings and a turnkey safety solution.
    "Our overriding mission is to enhance the safety and operational
efficiency of our customers. The acquisition of Flightscape is part of our
strategy to accomplish that goal," said Jeff Roberts, CAE's Group President,
Innovation and Civil Training & Services. "CAE can bring its global reach,
customer relationships and brand to grow this business and to extend its
products and product service offerings into new areas. Moreover, Flightscape's
capabilities will enhance CAE's own offerings for simulation training products
as well as for the design and delivery of training services."
    "Flightscape is proud to be associated with CAE, a global leader in
training and simulation," said Flightscape owners Robert Runolfson, Michael
Poole, and Robert Hoyle. "Flightscape's focus on accident investigation and
prevention programs are a natural fit with CAE. We believe this move will
accelerate our growth and enhance the products and services we are able to
offer our customers."
    The transaction is expected to close by August 31, 2007.

    About Flightscape

    Flightscape is a flight safety company providing expertise in flight data
analysis and flight sciences. Flightscape develops software solutions that
enable the effective study and understanding of recorded flight data to
improve safety, maintenance and flight operations. The company powers IATA's
web-based Flight Data Analysis Service to provide Flight Data Monitoring and
Flight Operations Quality Assurance as an out-source service to airlines who
do not wish to invest in the infrastructure of an in-house program.
Flightscape develops flight recorder laboratories including complete turnkey
systems. Flightscape's mission is to improve safety on an international basis
by having the operator, investigative and aircraft manufacturer communities
collaborate on flight data analysis issues with a common suite of continually
advancing tools.

    About CAE

    CAE (NYSE:   CGT; TSX: CAE) is a world leader in providing simulation and
modelling technologies and integrated training solutions for the civil
aviation industry and defence forces around the globe. With annual revenues
exceeding C$1 billion, CAE employs more than 5,500 people at more than 75
sites and training locations in 19 countries. We have the largest installed
base of civil and military full-flight simulators and training devices.
Through our global network of 24 aviation training centres, equipped with over
115 full-flight simulators, we train more than 50,000 crewmembers yearly. We
also offer modelling and simulation software to various market segments and
have a professional services division assisting customers with a wide range of
simulation-based needs.

For further information:

For further information: CAE contacts: Nathalie Bourque, Vice President,
Global Communications, (514) 734-5788,; Trade media:
Linda Tardif, Director, Marketing, Innovation and Civil Training & Services,
(514) 341-6780 ext: 2135,; Investor relations: Andrew
Arnovitz, Vice President, Investor Relations and Strategy, (514) 734-5760,; Flightscape contacts: Business Development: Mike
Poole, Managing Partner, (613) 851-0197,; Sales:
Thierry Pfeiffer, Vice President, Sales & Marketing, (613) 225-0070 x242,

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