CAE unveils new modelling and simulation software company: Presagis



    
    - New company brings together industry's most comprehensive suite of
      commercial-off-the-shelf software
    

    MONTREAL, Aug. 15 /CNW Telbec/ - (NYSE:   CGT; TSX: CAE) - CAE today
unveiled Presagis, its new modelling and simulation software company. CAE
combined its acquisitions of Engenuity Technologies, MultiGen-Paradigm and
TERREX and an existing CAE commercial-off-the-shelf (COTS) software team, to
create an independent, industry-leading company specializing in COTS modelling
and simulation software. As part of CAE's military simulation products
business, Presagis solidifies CAE's position as a significant player in the
COTS modelling and simulation market.
    "Presagis is in line with CAE's long-term strategy to create a single,
unified, COTS simulation software business," said Marc Parent, CAE's Group
President, Simulation Products and Military Training & Services. "The
technology depth and international reach of this COTS business further extends
CAE's position as a global leader in the modelling and simulation market."
    "CAE is a recognized global leader in simulation and training and we are
thrilled to continue its legacy of excellence and innovation," said Patrice
Commune, President, Presagis. "Presagis brings together a powerful product
portfolio that will help our customers build applications faster, without
compromising on value, training, creative vision and support. By drawing on
the strengths of these combined companies, Presagis is positioned to break new
ground in technology development and deliver the highest possible standards of
innovation and customer service."
    The company will expand the possibilities for modelling and simulation by
delivering an easier to use and integrated suite of COTS software. Presagis
boasts a solid portfolio of technologies including S-Mission, STAGE Scenario,
and AI.implant, its comprehensive Artificial Intelligence solution; powerful
visualization tools such as Vega Prime and Lyra; Terra Vista and Creator, the
world's leading terrain and 3-D content software; and the VAPS product family
of human-machine interface development tools. In addition, existing industry
standards developed by Presagis, such as OpenFlight and TerraPage, will
continue to be cornerstones of the Presagis technology portfolio.
    By offering a unified product portfolio, Presagis will simplify the
procurement and support of COTS modelling and simulation software for the
aerospace and defence industry. The company's core technologies stand alone in
their levels of integration, depth of functionality and compliance with
industry standards.
    The Presagis executive team, led by Patrice Commune, former President and
CEO of Engenuity Technologies, is comprised of top executives from CAE and its
recently acquired companies. Presagis will operate as three entities: Presagis
Canada, Presagis USA and Presagis Europe. With a strong direct sales team,
distribution channels, training and support across the globe, Presagis will
continue to cultivate its relationships with their worldwide partners to
deliver best-in-class COTS simulation software solutions.
    The name "Presagis" (Pre - say - gis) is derived from the word "presage,"
which means to forecast or predict. It symbolizes the company's core products
which are designed to help customers prepare for the future.

    About Presagis

    Presagis is a world leader in commercial-off-the-shelf (COTS) modelling,
simulation, and embedded display graphics software, and creator of the first
unified COTS modelling and simulation software portfolio for the global
aerospace and defence markets. As an independent, wholly-owned subsidiary of
CAE, Presagis is built on a combined legacy of innovation and service,
delivering superior customer value through rapid technology advancement. The
company services more than 1,000 active customers worldwide, including many of
the world's most respected organizations such as Boeing, Lockheed Martin,
Airbus, BAE Systems and CAE. For more information, visit www.presagis.com.

    About CAE

    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. www.cae.com




For further information:

For further information: Nathalie Bourque, Vice President, Global
Communications, CAE, (514) 734-5788, nathalie.bourque@cae.com; Trade media:
Tracey Ades, Director, Marketing Programs, Presagis, (514) 341-3874 ext. 282,
tracey.ades@presagis.com; Investor relations: Andrew Arnovitz, Vice President,
Investor Relations and Strategy, CAE, (514) 734-5760, andrew.arnovitz@cae.com

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CAE INC.

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PRESAGIS

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