RICHMOND, BC, March 2 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today
that its UK subsidiary xit2 has provided Savills Private Finance (SPF) with a
valuation information solution to manage the information exchange between
Savills and its valuation advisors.
MDA's valuation information solution will replace Savills' current
fax-based system, allowing advisors to conduct the valuation process in a more
SPF is the specialist financial services division of Savills PLC, the
UK's largest property consultancy business. SPF was launched in 1997 to meet
increasing demand from high-net worth clients for advice on large, often
complex mortgage arrangements.
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)