Richmond, BC, April 3 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today
that it has signed an exclusive contract with an established consortium of
inspectors, estate agents and solicitors in the Midlands area called the Home
Information Pack Company Ltd. (HIP Co.). The agreement enables the consortium
to distribute MDA-produced home information packs (HIPs) under its own brand,
or its member's brand.
The consortium has chosen MDA as the partner who can provide the most
comprehensive solution to support their offering of a complete HIP to local
independent members. Consortium members will be able to integrate HIPs into
their property service offerings well in advance of the UK HIP compulsion date
of June 1, 2007. Through this agreement, MDA will be expanding its regional
coverage across England.
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)