Calian Wins Training Services Contract
Ottawa, Ontario Feb 12, 2013 - Calian Technologies Ltd. (TSX:CTY) is pleased to announce that its Business and Technology Services Division has been awarded a contract for the Air Technical Training Renewal (ATTR) project from the Department of National Defence (DND). Calian will provide Instructional Analysis, Instructional Design and Instructional Content Development services to modernize the existing Air Technician Training courses using electronic training delivery and blended learning solutions. Calian will utilize Atlantis Systems as a sub-contractor for the delivery of this contract leveraging their expertise in instructional design and content development.
The base two-year contract is estimated to be in excess of $4 million, with the overall value increasing to approximately $8 million if the two, one-year options are exercised. This requirement is in addition to the training services that Calian staff are already providing in the Canadian Forces School of Aerospace and Technology and Engineering at CFB Borden.
"We appreciate DND's confidence in our abilities to provide training services as well as the opportunity to expand these services to the Royal Canadian Air Force" said Kevin Ford, President, Business and Technology Services. "We look forward to working with DND and Atlantis in the delivery of this contract – an exciting and strategic win for the Calian training service line".
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.
For further information, please contact us at [email protected] or phone us at 613-599-8600 Ray Basler President and Chief Executive Officer 306-931-3425 Jacqueline Gauthier Chief Financial Officer 613-599-8600
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. 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 firm 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.
Information posted on this website was accurate at the time of posting, but may be superceded by subsequent information.