RICHMOND, BC, Oct. 22, 2013 /CNW/ - MacDonald, Dettwiler and Associates
Ltd. ("MDA" or the "Company") (TSX: MDA), a global communications and information company, plans to release its
Third Quarter 2013 financial results at 1:30 p.m. PST (4:30 p.m. EST)
on Monday, November 4, 2013.
MDA will host an earnings conference call the same day, featuring
remarks by Daniel Friedmann, president and CEO and Anil Wirasekara,
executive vice-president and CFO, followed by a Q&A session.
The call is scheduled to begin promptly at 2:30 p.m. PST (5:30 p.m.
To participate, please call the conference line approximately five
minutes prior to the commencement of the call:
MDA Conference Call Dial-In Numbers:
Toll Free: 1-888-390-0541
November 4, 2013 5:30 p.m. PST, 8:30 p.m. EST to
November 18, 2013 11:59 p.m. PST, November 19, 2013 2:59 a.m. EST
The conference call will also be Webcast live and then archived at:
MDA is a global communications and information company providing
operational solutions to commercial and government organizations
MDA's business is focused on markets and customers with strong repeat
business potential. In addition, the Company conducts a significant
amount of advanced technology development.
MDA's well-established global customer base is served by more than 4,500
employees operating from 11 offices located in the United States,
Canada, and internationally.
The Company's common shares trade under the symbol TSX:MDA.
This earnings release and the associated conference call and webcast,
which includes a business update, third quarter 2013 results, and
question and answer session, contain certain forward-looking statements
and information, which reflect the current view of MacDonald, Dettwiler
and Associates Ltd. (the "Company" or "MDA") with respect to future
events and financial performance. Forward-looking statements generally
can be identified by the use of forward-looking terminology such as
"may", "will", "would", "could", "should", "expect", "intend",
"estimate", "anticipate", "plan", "foresee", "believe" or "continue" or
the negatives of such terms or variations of them or similar
terminology. Any such forward-looking statements are based on MDA's
current expectations, estimates, projections and assumptions made in
light of its experience and perception of historical trends.
Forward-looking statements are subject to risks and uncertainties, many
of which are beyond MDA's control and the effects of which can be
difficult to predict. MDA's actual results of operations could differ
materially from historical results or current expectations.
Risks that could cause the Company's actual results to differ from
current expectations include, but are not limited to: changes in
government priorities, funding levels, contracts and regulations;
failure of third parties and subcontractors to complete contracts for
which the Company is the prime contractor; risks of performance on firm
fixed price construction contracts; changes in estimates of total
revenues and costs on contracts; potential for product liability or the
occurrence of defects in software and other products and resulting loss
of revenue and loss of the Company's reputation; quality issues and
failure of systems to meet performance requirements; failure of the
Company to manage its acquisitions and breaches of contracts and
indemnities and related risks on divestitures; satellite failure;
dependence on electronic systems and data and system security threats;
detrimental reliance on third parties for data; dependence on key
employees, potential for work stoppages and lack of oversight over a
U.S. proxy board and management; failure to anticipate changes in
technology, technical standards and offerings or comply with the
requisite standards; failure to maintain technological advances and
market positions; significant competition; infringement of the
intellectual property rights of others through licensed software or
otherwise; inadequate protection of the Company's intellectual property
rights; exposure to foreign currency fluctuations; changes in law and
economic and political conditions; inability of suppliers or
subcontractors to effect technology transfer; changes in customer
security requirements and the resulting cancellation of contracts;
failure to maintain business alliances; uncertainty in financing
arrangements; failure of counterparties in financing arrangements and
financial derivative contracts; wrongful call on letters of credit and
performance bonds; and insufficient insurance against material claims
or losses. You are referred to the risk factors described in MDA's most
recent annual Management's Discussion and Analysis, Annual Information
Form and other documents on file with the Canadian securities
regulatory authorities, available under the Company's profile on SEDAR,
www.sedar.com or on the Company's website at www.mdacorporation.com.
The forward-looking statements and information contained in this
earnings release and the associated conference call and webcast
represent MDA's views only as of today's date. MDA disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, other than as required by law, rule or regulation. You
should not place undue reliance on forward-looking statements.
The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.
SOURCE: MacDonald, Dettwiler and Associates Ltd.
For further information:
MDA External Relations