RICHMOND, BC, Jan. 19 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today its
U.S subsidiary, Marshall & Swift/Boeckh (MSB), one of two approved sources,
cited by the U.S. Internal Revenue Service (IRS) as reliable for cost
segmentation, has teamed with RS Means, one of North America's leading
suppliers of construction cost information and the second approved IRS source
of cost segmentation, to develop the most comprehensive and authoritative
automated database for relevant building cost data for use in cost segregation
Using MSB's proven online workflow of CostSeg-Pro, the combined databases
create efficiencies that streamline and simplify the cost segmentation
calculation process. With this unique marketing agreement, MDA is able to
align the majority of potential users of authorized cost data to a single
The new collaborative database available through MSB enables property
owners to gain a more immediate tax credit from depreciating essential
portions of buildings using a single source solution. The MSB CostSeg-Pro
estimating system and database creates efficiencies that streamline and
simplify the cost segmentation calculation process, while providing the
relevant building cost data needed for virtually any property study.
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 information solutions, ranging from complex
operational systems, to tailored information services, to electronic
MDA employs more than 3,300 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)