RICHMOND, BC, Aug. 13 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today
that it has entered into a 3 year agreement with Northcliffe Media Limited,
one of the U.K.'s largest regional newspaper publishers, whereby Northcliffe
and MDA will collaborate on an exclusive basis to provide Home Information
Packs (HIPs) to Northcliffe's estate agent customers. Northcliffe is owned by
the Daily Mail and General Trust plc (DMGT).
Daniel Friedmann, president and CEO of MDA, stated: "We are delighted
that one of the largest providers of print media real estate advertising in
the U.K. has decided to offer its estate agent clients the option to order MDA
Added Michael Pelosi, managing director at Northcliffe: "This arrangement
will enable our sales force to offer our estate agent customers an assured
source of compliant HIPs. MDA's business solution will provide the flexibility
and dependability we are looking for."
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 earth and space based information solutions,
ranging from complex operational systems, to tailored information services, to
electronic information products.
MDA employs more than 3,000 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.
About Northcliffe Media Limited
Northcliffe, one of the U.K.'s largest regional newspaper publishers,
operates from 36 publishing centres. Its 18 daily titles have a combined sale
of 700,000 copies every day, while its 31 paid-for weeklies sell over half a
million each week. Its 76 free titles distribute more than 3 million copies
every week. In addition its online "this is" network serves around 2 million
unique users monthly.
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)