SIMSMART Inc.

SIMSMART Inc.

February 24, 2005 16:06 ET

Simsmart Inc. Makes a Significant Breakthrough in the Australian Market


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: SIMSMART INC.

TSX VENTURE SYMBOL: SII

FEBRUARY 24, 2005 - 16:06 ET

Simsmart Inc. Makes a Significant Breakthrough in the
Australian Market

BROSSARD, QUEBEC--(CCNMatthews - Feb. 24, 2005) - Simsmart Inc (TSX VENTURE:SII)
has been awarded by Tenix, the Australia's largest defense and
technology contractor, to supply a Platform System Simulator (PSS) and
Instructor Station for the Platform System Technical Support Centre for
the Royal Australian Navy's (RAN) Anzac Class Frigates.

This integration effort is to be completed by the end of February 2006
and the value of the contract is approximately 700,000 $ Can.

The resulting effort will provide the Royal Australian Navy Facility
many functions; these include: through life support of Control and
Monitoring systems fitted on operational ANZAC ships as well as Operator
and Maintainer training for ships crew and PSTSC Staff. This will also
provide emulation of ship fit sensors.

After recent breakthrough into the nuclear sector in Belgium, the
importance that Simsmart has assigned to its market diversification
seems to be bearing fruit.

Simsmart Inc, founded in 1986, is a provider of process systems design
software, process performance analysis, process training solutions and
related application engineering.

As a result of extensive research and development, the multidiscipline
physics-based dynamic modeling & simulation design and training tools
are used today in a wide range of military and industrial applications
where liquids and gas processes, Heating Ventilating and Air
Conditioning (HVAC), associated AC/DC electrical systems and related
process controls are involved.

These solutions provide advanced engineering and cost effective
solutions for both new constructions and retrofits.

S.E.C. exemption to rule 12g3-2(b) File no. 82-4562

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Simsmart Inc.
    Pierre Larue
    Vice President, Sales & Marketing
    (450) 923-0400 ext 222
    (514) 708-3524 (Cell)
    plarue@simsmart.com
    Simsmart... from Design to Training