CAE Inc.

CAE Inc.

February 25, 2011 08:01 ET

CAE acquires RTI International's Technology Assisted Learning to further expand its land simulation and training business

TAMPA, FLA., AND RESEARCH TRIANGLE PARK, N.C., USA--(Marketwire - Feb. 25, 2011) - CAE (TSX:CAE)(NYSE:CAE) today announced that CAE USA acquired RTI International's Technology Assisted Learning (TAL) business unit in order to further expand its offering of land simulation and training solutions. 

Formed as a separate business unit within RTI International, TAL has provided maintenance trainers for the U.S. Army's ground vehicles since the early 1990s. TAL designs, manufactures and delivers full-scale, high-fidelity maintenance trainers as well as virtual desktop trainers for a range of variants of the Bradley Fighting Vehicle, Abrams tanks, and the High Mobility Artillery Rocket System (HIMARS). The division employs approximately 35 people in Research Triangle Park, North Carolina; Orlando, Florida; Fort Knox, Kentucky; and Columbus, Georgia. 

"TAL employees are well respected by the U.S. Army for their expertise in helping train soldiers to maintain the Army's fleet of Bradley, Abrams and HIMARS vehicles, and we are pleased to welcome them to CAE," said John Lenyo, President and General Manager, CAE USA. "By leveraging CAE's core simulation technologies and expertise, we will be able to offer TAL's current customers as well as new customers in the U.S. and abroad, a range of new solutions and capabilities. We intend to build upon the solid base that TAL has established in land maintenance training systems to further expand into adjacent ground training opportunities, such as driver trainers and land combat vehicle simulators."

CAE has been providing land simulation and training solutions to armies around the world, including the British Army, German Army and Indian Army, for more than three decades. CAE's portfolio for ground forces includes constructive and virtual simulation-based training solutions for command, control, and communications; forward observation and close air support; air defence; target recognition; armored fighting vehicle drivers and gunners; and command and staff training. 

"I am pleased that CAE, a world leader in military training and simulation, will be leading TAL as it continues to grow within these markets in the United States," said Victoria Haynes, President and CEO of RTI International. "CAE is an exceptional company and I am confident that it will provide these staff members with the resources and opportunities to help ensure their continued success."

About CAE

CAE is a world leader in providing simulation and modeling technologies and integrated training solutions for the civil aviation industry and defense forces around the globe. With annual revenues exceeding US$1.5 billion, CAE employs more than 7,500 people at more than 100 sites and training locations in more than 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 30 civil aviation and military training centers, we train more than 80,000 crewmembers yearly. We also offer modeling and simulation software to various market segments and, through CAE's professional services division, we assist customers with a wide range of simulation-based needs.

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