Calian Technologies Ltd. Announces Existing Call-Center Contract not likely to be renewed

Mercredi, décembre 21, 2005

Calian Technologies Ltd. Announces Existing Call-Center Contract not likely to be renewed

(All amounts in this release are in Canadian Dollars)

Kanata, Ontario, December 21, 2005  - Calian Technologies Ltd. (TSX: CTY) today announced that its Business and Technology Services Division has been advised by its customer that an existing services agreement to supply call center agents has been extended by two months to June 30, 2006, at which time the existing agreement will likely not be renewed. The customer has indicated that the existing business solution no longer meets their requirements. The Company will continue to negotiate with the customer to be part of the follow-on solution. Regardless of the outcome of the negotiations, Calian intends to work with the customer to effect an orderly transition towards their selected solution and minimize the associated impacts.

Under existing conditions, this contract represents annualized revenue of approximately $28 million and net earnings per share of 6 cents.

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, 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 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

Jacqueline Gauthier
Chief Financial Officer



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.

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