RICHMOND, BC, March 25, 2012 /CNW/ - MacDonald, Dettwiler and Associates Ltd. (MDA), a provider of essential information solutions, today applauded the signing of the Memorandum of Understanding (MOU) between the Canadian Space Agency (CSA) and the Japan Aerospace Exploration Agency (JAXA) to pursue cooperation in the area of space.
MDA has been conducting business for two decades with Japanese partners. This business covered a wide range of products, including satellite's ground stations, geospatial information, space robotics and communication satellite subsystems.
MDA values its collaboration with the Japanese space agency and other industrial partners in Japan. This MOU will create the environment for new opportunities for companies like MDA, and strengthen this important relationship.
MDA looks forward to growing its business ties in Japan, particularly in the area of communications, space exploration and Earth observation.
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 worldwide.
Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.
This release contains forward-looking statements and information, which reflect the current view of MacDonald, Dettwiler and Associates Ltd. ("MDA") with respect to future events and financial performance. Any such forward-looking statements are based on MDA's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. 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. Any such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from current expectations. MDA cautions readers that should certain risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. The risks that could cause actual results to differ from current expectations include changes in government priorities, funding levels, contracts and regulations. For additional information with respect to certain of these risks or factors reference should be made to MDA's continuous disclosure materials filed from time to time with Canadian securities regulatory authorities, which are available online at www.sedar.com or on MDA's website at www.mdacorporation.com.
The Toronto Stock Exchange has neither approved nor disapproved the form or content of this release.
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