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Press release from Marketwire

CAE awarded contracts valued at approximately C$100 million for six full-flight simulators and various upgrades

Tuesday, June 21, 2011

CAE awarded contracts valued at approximately C$100 million for six full-flight simulators and various upgrades00:01 EDT Tuesday, June 21, 2011PARIS, FRANCE--(Marketwire - June 21, 2011) - (TSX:CAE)(NYSE:CAE) - CAE today announced at the Paris Air Show that it has sold six CAE 7000 Series Level D full-flight simulators (FFS) to airline customers in Asia, Europe and North America. CAE will provide a Boeing 787 FFS to British Airways, FFSs for the Airbus A330 and Boeing 737NG aircraft to Garuda Indonesia, an FFS for the Airbus A380 aircraft to Skymark Airlines, an Airbus A320 FFS to US Airways and a Boeing 737-800 FFS to an undisclosed North American airline. CAE has also signed contracts with various airlines for upgrades and updates of CAE-built simulators.The contracts are worth a total of approximately C$100 million at list prices, and with the sale of a Phenom 100/300 FFS to Embraer-CAE Training Services announced in May, these bring the total number of FFS sales that CAE has announced to date during fiscal year 2012 to seven."These airlines come from Asia, Europe and North America, and each one of them has been our customer for many years, some as long as four decades," said Jeff Roberts, CAE's Group President, Civil Simulation Products, Training and Services. "We are pleased that they continue to leverage CAE's technology advantage and our comprehensive portfolio of training solutions to enhance the safety, efficiency and effectiveness of their flight operations."British AirwaysIn addition to the B787 FFS, CAE will provide British Airways with a CAE Simfinity™ Integrated Procedures Trainer (IPT) for the Boeing 787 aircraft. The Boeing 787 FFS and IPT will be delivered to British Airways' Cranebank Training Centre at London Heathrow Airport in 2012. "We are committed to providing our pilots with the best available training equipment to enhance safety and efficiency," said Mike Burtenshaw, General Manager of British Airways Flight Training. "CAE has consistently delivered innovative and reliable full-flight simulators and other training tools to British Airways."Garuda IndonesiaThe A330 and Boeing 737NG FFSs for Garuda Indonesia will include CAE Tropos™-6000 visual systems, and will be ready for training by the end of this year near Soekarno-Hatta International Airport in the Jakarta area.President and CEO of Garuda Indonesia Emirsyah Satar said that to anticipate the rapid market growing in the industry, Garuda Indonesia had implemented its Quantum Leap program until 2015 where Garuda will operate 153 aircraft, including the A330-200 and Boeing 737-800NG. "The partnership with CAE will help Garuda to fulfill the need for more pilots in time by providing us with a new, highest-quality training environment at our base in Jakarta," Satar said. Skymark AirlinesThe A380 FFS will be delivered to Skymark's main base at Tokyo International Airport in Haneda, Japan in 2012. "CAE full-flight simulators continue to lead the market in providing innovative technology and training value," said Shinichi Nishikubo, President and CEO of Skymark Airlines. "Our pilots and instructors are well prepared because of the fidelity, realism and reliable performance of our CAE simulators."US AirwaysThe A320 FFS will be delivered to US Airways' East Coast Flight Training Center in Charlotte, North Carolina, USA in 2012, and will include a CAE Tropos™-6000 visual system."CAE is a trusted partner in our mission of delivering the best possible training environment for our pilots," said Captain Bob Skinner, managing director of flight training and standards for US Airways. "CAE flight simulators present the most realistic training scenarios available and are highly reliable day in and day out."About CAECAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.6 billion, CAE employs more than 7,500 people at more than 100 sites and training locations in more than 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 32 civil aviation, military and helicopter training centres, we train more than 80,000 crewmembers yearly. We also offer modelling and simulation software to various market segments, and through CAE's professional services division we assist customers with a wide range of simulation-based needs. www.cae.com FOR FURTHER INFORMATION PLEASE CONTACT: Nathalie Bourque, Vice President,CAE contacts:Public Affairs and Global Communications+1-514-734-5788nathalie.bourque@cae.comORRick Adams, Senior Manager,Trade media - civil aviation:Marketing Communications - Civil Aviation+1-214-864-5409rick.adams@cae.comORAndrew Arnovitz, Vice President,Investor relations:Investor Relations and Strategy+1-514-734-5760andrew.arnovitz@cae.com