Engenuity Technologies Inc.
TSX : EGY

Engenuity Technologies Inc.

May 16, 2006 09:00 ET

Engenuity Technologies Strikes Strategic Partnership with Diamond Visionics

MONTREAL, QUEBEC--(CCNMatthews - May 16, 2006) - Engenuity Technologies Inc.(TSX:EGY)

High-fidelity visuals and powerful STAGE simulation framework help to usher in the next generation of Training & Simulation

Engenuity Technologies Inc.(TSX:EGY), a global leader in visualization and simulation software solutions, today announced an important strategic partnership with Diamond Visionics. The two companies will work together to enhance the functionality of Engenuity's STAGE simulation toolkit by integrating Diamond Visionics' GenesisRT (Worldwide Database) product. This new partnership will bring a more powerful toolset to Engenuity's next-generation simulation offering, and drive growth in new vertical markets, such as urban simulation, homeland security and serious games.

"It is clear there are major changes afoot in the Military Simulation and Training market, and the requirement to rapidly produce high fidelity, highly realistic and accurately correlated visuals in simulation scenarios is one of the most important changes," said David Gdovin, President and Founding Partner, Diamond Visionics. "By partnering with Engenuity and bringing the GenesisRT technology to STAGE, we will be placing ourselves on the forefront of technological innovation."

The GenesisRT (Worldwide Database) allows users to rapidly produce high-quality visual databases directly from source data, thereby enabling changes to be instantly visualized. Unlike fixed or static databases developed offline, GenesisRT automatically and continually loads terrain and other multiple types of source data into the simulation at runtime, as the user requires it. Using GenesisRT, a simulation no longer needs to be limited by the boundaries of the terrain database - it can potentially span the world.

GenesisRT will bring a highly advanced visual system to the industry-leading STAGE toolkit for unparalleled visual flexibility when developing simulation scenarios for both ground and air.

"Teaming up with Diamond Visionics brings together the very best in cutting-edge VizSim technologies," says Patrice Commune, CEO, Engenuity Technologies. "Together, our companies will leverage our mutual strengths to develop more powerful long-term solutions that address the requirements of next-generation simulations."

The first customer shipment of the integrated solution is targeted for the end of 2006.

About Engenuity Technologies Inc.

Engenuity Technologies Inc.(TSX:EGY) is a global leader in visualization and simulation software solutions for the aerospace, defense and automotive industries. The company's products and services are currently used by more than 800 customers in 40 countries, including many of the world's largest organizations. Engenuity has offices and distributors throughout North America, Europe, the Middle East and Asia.

About Diamond Visionics

Founded in 1996, Diamond Visionics (www.diamondvisionics.com), based in Vestal, NY, is a small business made up of highly skilled and innovative individuals who represent a formidable knowledge base in the research, analysis and design of simulation technologies. This technology is applied across a broad range of needs from training and simulation to medical and homeland security. Diamond Visionics has expertise and products in the three elements of visual systems - Image Generators, Databases, and Display systems. GenesisRT, Diamond Visionics' revolutionary Image Generator software product, has been used in pilot training during the past 3 years.

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