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Atlantis Signs Contract With CAE as Part of the Government of Canada C-130J Aircrew Training Program

Written by thomas · Filed Under Aeronautics News 

May 26, 2009

thomas

Contract to design and manufacture the C-130J Flight Training Device under OTSP program

TORONTO, ONTARIO–(Marketwire – May 22, 2009) – Atlantis Systems Corp. (TSX:AIQ) announced today that, through it’s subsidiary Atlantis Systems International (ASI) it has signed a contract with CAE to design and manufacture a C-130J Flight Training Device as part of the Government of Canada C-130J aircrew training program.

Atlantis Systems International is part of the pan-Canadian team led by CAE, which won a contract to provide the training systems and services for Canada’s tactical airlift, medium-to-heavy helicopter, and potentially other aircraft fleets.

“We are pleased to partner with CAE and the other team members in the OTSP program” said Henrik Noesgaard, Chief Executive Officer, Atlantis Systems Corp. “This achievement validates our strategy of focusing on strategic customer relationship in the continued development of our business. In addition, it builds on the momentum created earlier in the year with our announcements of additional new business in the first quarter of 2009.”

“Atlantis will be complementing our team with its experience in flight training devices, ” says Martin Gagne, Group President, Military Products, Training & Services, CAE. “Together, we will play a key role in preparing our Canadian Forces to be mission ready.”

About Atlantis Systems Corp.

Atlantis Systems (TSX:AIQ) uses its core capabilities in simulation-aided design and engineering and e-learning, combined with various technology tools, to help customers in military aviation, civil aviation and nuclear energy ensure the feasibility, capability, and effective utilization of their complex assets. In more than 30 years of operation, Atlantis has developed a solid reputation for its creative workforce and innovative solutions in supporting global OEM customers and defence organizations.

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