Calian Technologies Ltd.
TSX : CTY

Calian Technologies Ltd.

December 14, 2006 10:53 ET

Calian Wins New Contracts

All amounts in this release are in Canadian Dollars, unless otherwise noted

KANATA, ONTARIO--(CCNMatthews - Dec. 14, 2006) - The Business and Technology Services Division of Calian Technologies Ltd. (TSX:CTY), is pleased to announce the recent signing of several contracts.

In early December 2006, the Canadian Government awarded a limitation of expenditure contract with the Department of National Defence (DND) for the provision of Inspection and Repair Services at the Area Support Unit in Wainwright Alberta. Under the terms of the contract, Calian's Business and Technology Services Division will provide a Supervisor, Weapons Technician, Fire Control Technician, and a team of Vehicle Technicians to conduct inspections, servicing and repair on approximately 150 Wheeled Light Armoured Vehicles. This contract is for an initial three-month period valued at $573 thousand. The contract also contains options for additional effort up to September 2008, which if exercised, could increase the total contract value to over $3 million.

In November 2006, Calian's US subsidiary was awarded a renewal contract from the US Navy to provide professional, technical, and administrative services in support for the Spanish Air Force Technical/Logistics Management office. Under this contract, Calian will provide financial and logistical analysis, program management, and administrative services associated with the Spanish Air Forces' Foreign Military Sales program. The services will be delivered in Philadelphia PA, Arlington VA and Dayton OH. The contract is for 1 year with 4 option years and has a total value with option years in excess of $USD 3.6 million. This contract follows another renewal contract awarded in August 2006 with the Defence Logistics Agency (DLA) to support Headquarters DLA in developing programs to enhance support for US allies in the areas of Foreign Military Sales Prime Vendor Program Development, DLA Security Assistance Program Development, Security Assistance/FMS Training and the Foreign Visitors Program. The services will be delivered in Philadelphia PA and Arlington VA (Ft Belvoir) under a one year contract with 8 six-month option periods. The total contract value, including option periods, exceeds $USD 2.1 million.

"We are very pleased with our recent win with DND, which expands yet again our service offerings with this customer in Canada. In addition our US group's ability to renew significant contracts with its major customers will provide continued stability for this business group" said Tom Coates VP and General Manager, Business and Technology Services Division.

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