Calian Technologies Ltd.
TSX : CTY

Calian Technologies Ltd.

December 15, 2008 09:42 ET

Calian Wins a $40 Million Contract With DND

(All amounts in this release are in Canadian Dollars)

KANATA, ONTARIO--(Marketwire - Dec. 15, 2008) - Calian Technologies Ltd. (TSX:CTY) is pleased to announce that it's BTS division has been awarded a limitation of expenditure contract by the Department of National Defence (DND) for the provision and delivery of Technical Training to supplement DND resources at the Canadian Forces School of Communications and Electronics (CFSCE) located on CFB Kingston, Kingston Ontario.

The initial one-year contract is valued at $6 million. The contract also contains four one-year options, which if exercised could increase the total value of the contract to $40 million for the five-year period. This Contract will allow Calian to continue to support training at CFSCE, a relationship that first began in 2000. This contract, if used to its fullest extent will represent a significant increase in Calian's current level of support to CFSCE over its term.

Under the terms of the contract, Calian will provide support staff and instructors to train and educate current and future Canadian Forces personnel. The training will include disciplines such as: Basic and Advanced Officer training, Technical Trades training, Signal Operator training, Lineman training, Information Technology, Information Management and Systems Management training, Cryptography training, and Tactical Command, Control, Communications System training. Calian will remain a key contributor ensuring the continued provision of quality telecommunication and information technology training to members of the Canadian Forces.

"This award is a testament to the quality and dedication our CFSCE delivery team has demonstrated over the past number of years. We look forward to continuing to provide the exceptional services that the Department of National Defence has come to rely on from Calian ," said Tom Coates, Vice President and General Manager, Business and Technology Services.

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 press releases on this site 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. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; the dependence on new product development; the impact of rapid technological and market change; the ability of Calian to integrate the operations and technologies of acquired businesses in an effective manner; general industry and market conditions and growth rates; international growth and global economic conditions, particularly in emerging markets and including interest rate and 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, see the 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