Calian Technologies Ltd.
TSX : CTY

Calian Technologies Ltd.

September 23, 2005 12:44 ET

Calian Awarded $19 Million in Two Satellite-Related Operations and Maintenance Contracts

KANATA, ONTARIO--(CCNMatthews - Sept. 23, 2005) - Calian (TSX:CTY) Calian's Systems Engineering Division (SED) has been awarded a contract tendered through Public Works and Government Services Canada (PWGSC).

Under the terms of the contract, SED will provide operations and maintenance services for the Canadian Space Agency's (CSA) Satellite Operations Directorate at its facilities in Saint-Hubert, Quebec and in Saskatoon, Saskatchewan. The contract runs until September 30, 2007 and includes provisions for three six-month option periods, potentially bringing to the total contract value to nearly $16 million.

SED's involvement consists of supporting the operation, development, maintenance, management and ongoing evolution of satellite control and support systems provided by the CSA through the provision of a dedicated team of qualified personnel. This contract is a continuation of work SED has performed for CSA since 1994 and involves services that support CSA's current satellites Radarsat-1 and SciSat-1. This renewal contract is expected to provide Calian with revenues similar to current levels. The contract also includes work to be performed by the Business and Technology Services Division that was previously performed under a separate contract with CSA.

In addition, Calian's Business and Technology Services Division was awarded a renewal contract for the operations and maintenance of satellite receiving systems at the Prince Albert Satellite Station. That contract is for a nine-month period with two additional one-year options, bringing the total potential contract value to approximately $3.5 million.

About Calian

Calian sells technology services to industry and government in Canada and around the world. Calian provides customers with ready access to an exceptional team of engineers, telecommunications and technology professionals, health care professionals and other highly qualified staff. The Business and Technology Services Division augments customer workforces with flexible short and long-term placements, recruitment and outsourcing of engineering, health care professionals and other skilled professionals. The Systems Engineering Division plans, designs and implements solutions for many of the world's space agencies and leading communications satellite manufacturers and operators, as well as providing contract manufacturing services for customers in North America.

DISCLAIMER

Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as "intend", "anticipate", "believe", "estimate", "expect" or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company's most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.

Contact Information

  • Calian Technologies Ltd.
    Ray Basler
    President and Chief Executive Officer
    (306) 931-3425
    or
    Calian Technologies Ltd.
    Jacqueline Gauthier
    Chief Financial Officer
    (613) 599-8600
    ir@calian.com
    www.calian.com