RICHMOND, BC, Aug. 21 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today
that its UK subsidiary Xit2 has launched an electronic information exchange to
assist Home Information Pack (HIP) providers in procuring Energy Performance
Certificates (EPCs) from Domestic Energy Assessors (DEAs).
EPCs are a compulsory element of the HIP, which came into effect in
England and Wales on August 1, 2007. An EPC advises a homebuyer of the current
energy efficiency of their target home and of the potential energy
conservation measures that can reduce carbon emissions from this home and
improve its energy efficiency.
MDA's EPC Exchange is an adaptation of MDA's valuation exchange, which
connects lenders across the UK with surveyor panel managers and their panel of
chartered surveyors. The EPC Exchange enables HIP providers to interact with
DEAs throughout the EPC order allocation and fulfilment process, and it
assists DEAs with carrying out their EPC production task, all through a
convenient web based information solution.
As previously announced, MDA's EPC technology has already been adopted by
SAVA Ltd, the largest training and certification centre for DEAs, and by the
Royal Institute of Chartered Surveyors, to support their member certification
and EPC production process. To date over 1,830 qualified Domestic Energy
Assessors have pre-registered to use MDA's EPC Exchange system.
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.
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)