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CALIAN TECHNOLOGY Ltd. TO HOLD CONFERENCE CALL FOLLOWING ANNOUNCEMENT OF FOURTH QUARTER RESULTS
Kanata, Ontario, Tuesday November 7, 2002: Calian Technology Ltd. (TSX: CTY) will hold a telephone conference call at 4:00 p.m. eastern standard time on Tuesday, November 12, 2002 to discuss the fourth quarter results for the period ended September 30, 2002, which will be released during business hours November 12, 2002. Hosting the call will be Larry O'Brien, Chief Executive Officer and Jacqueline Gauthier, Chief Financial Officer.
For its fourth quarter of 2002, Calian confirms that it exceeded its previously disclosed guidance of sales of approximately $32.3 million and earnings per share of approximately $0.13 and will report sales of approx. $34 million and earnings per share of approx. $0.13 to $0.14.
Interested participants from the financial & media community should call 1-888-334-7880 at approximately 3:55 p.m. Following the presentation, interested parties will be invited to participate in a question and answer session. The conference call will be available for a period of 48 hours for playback and is accessible by dialing 1-888-509-0082 or (416) 695-9731 in the Toronto area.
About Calian: Calian Technology Ltd. (TSX:CTY) provides systems engineering and staffing and outsourcing services to industry, government and major organizations in Canada, the United States and around the world. With two decades of success and over $130 million in annual revenues, Calian provides customers with ready access to an exceptional team of over 2,300 engineers, telecommunications and technology professionals, and other highly qualified staff. The Staffing and Outsourcing Services Division augments customer workforces with flexible short and long-term placements, recruitment and outsourcing of engineering 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
For further information, please contact:
Jacqueline Gauthier
Chief Financial Officer
Telephone: 613.599.8600 ext. 277
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