Calian Technologies Ltd.
TSX : CTY

Calian Technologies Ltd.

October 03, 2005 07:53 ET

Calian's SED Division Signs Manufacturing Contract

KANATA, ONTARIO--(CCNMatthews - Oct. 3, 2005) - Calian Technologies Ltd. (TSX:CTY)- (All amounts in this release are in Canadian Dollars)

Calian Technologies Ltd. (TSX:CTY), is pleased to announce that its SED division has received a purchase order valued at $3.3 million from Systems & Electronics Inc. (SEI), of St. Louis, Missouri. SEI is a wholly-owned subsidiary of Engineered Support Systems, Inc., a St. Louis-based corporation providing advanced sustainment solutions to military and other government customers.

The contract is for the delivery of various systems and components used by SEI to manufacture a Manportable Surveillance and Target Acquisition Radar (MSTAR) system used in surveillance and security applications. In addition to fulfilling existing orders, some units will be maintained as a base stock to effectively deliver against small orders on a timely basis or to use for demonstration purposes.
"The MSTAR product continues to play an important role in the security and surveillance arena and SED is pleased to maintain its long-standing relationship with SEI" stated Ray Basler, President and CEO.

MSTAR is low power ground surveillance radar that provides wide area coverage in all weather conditions, night or day, to a maximum range of 25 miles. The system locates moving targets and uniquely classifies them as personnel, tracked or wheeled vehicles. According to SEI, MSTAR is ideally suited for a deployable perimeter security application or as part of an integrated security system for force protection, border surveillance and asset protection. MSTAR can also meet various Homeland Security missions where intrusion detection, border surveillance and perimeter security are needed to protect power generation facilities, airports, testing ranges, dams and other critical infrastructure assets. The system has performed admirably in service with U.S. and Allied Forces in Afghanistan, Iraq, the Balkans and other locations. SEI has supplied MSTAR systems to the U.S. Air Force, the U.S. Army National Guard, Canada's Department of National Defence, and other military customers including Poland, Ireland and Australia. Today, more than 800 MSTAR radars are in service throughout the world.

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