The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from CNW Group

MDA's RADARSAT-2 information to support China's natural resource management

Tuesday, November 29, 2011

MDA's RADARSAT-2 information to support China's natural resource management17:00 EST Tuesday, November 29, 2011RICHMOND, BC, Nov. 29, 2011 /CNW/ - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has signed a CA$3 million agreement with the Center for Earth Observation and Digital Earth (CEODE), an agency within the Chinese Academy of Sciences to extend its ability to use RADARSAT-2 an additional three years. This information is used by many agencies within the Chinese government to support a variety of applications that include natural resource management, land management, disaster management, subsidence monitoring, and maritime monitoring.About MDA MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide.Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.Related Websites:www.mdacorporation.comwww.ceode.cas.cnForward-Looking StatementsThis release contains forward-looking statements and information, which reflect the current view of MacDonald, Dettwiler and Associates Ltd. with respect to future events and financial performance.  The forward-looking statements in this regard include statements regarding the award of a government contract.  Any such forward-looking statements are based on MDA's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends.   The factors and assumptions underlying the forward-looking statements in this release include contracts with any government agency not being terminated, and the ongoing functioning of MDA's RADARSAT-2 satellite.  Any such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from historical results or current expectations. MDA cautions readers that should certain risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. The risks that could cause actual results to differ from current expectations include failure of third parties and subcontractors; failure of systems to meet performance requirements; changes in government priorities, funding levels, contracts and regulations; satellite failure; and failure to anticipate changes in technology, technical standards and product offerings or comply with the requisite standards.For additional information with respect to certain of these risks or factors, plus additional risks or factors, reference should be made to MDA's continuous disclosure materials filed from time to time with Canadian securities regulatory authorities, which are available online at or on MDA's website at Toronto Stock Exchange has neither approved nor disapproved the form or content of this release.For further information: Wendy Keyzer MDA External Relations (604) 231-2743