Calian Awarded Two Contracts to Provide Support to the Department of National Defence.Business Editors/High-Tech Writers KANATA, Ontario--(BUSINESS WIRE)--Jan. 6, 2003 Calian Technology Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension : CTY CTY - /sit'ee/ or /C-T-Y/ [MIT] The terminal physically associated with a computer's system console. The term is a contraction of "Console tty", that is, "Console TeleTYpe". ) has recently received final confirmation from the Canadian Federal Government that it has been awarded two contracts through Public Works and Government Services Canada Public Works and Government Services Canada, also referred to as Department of Public Works and Government Services, is the department of the government of Canada with responsibility for the government's internal servicing and administration. to provide support to the Department of National Defence. Signal Operator Training - The first contract is to provide a team of instructional staff for all apprentice and journeyman Signal Operators training to the Canadian Forces School of Communications and Electronics (CFSCE CFSCE Canadian Forces School of Communications and Electronics ) at Canadian Forces Base A Canadian Forces Base or CFB (French Base des forces canadiennes or BFC) refers to a military installation of the Canadian Forces. For a facility to qualify as a Canadian Forces Base, it must station one or more major units (eg. Kingston. The contract has a potential value of $7.7 million over an initial 1-year term with 4 option years. Work commenced on this contract during the first fiscal quarter of 2003. CANCAP CANCAP Canadian Forces Contractor Augmentation Program - Canadian Contractor Augmentation Program - The second contract is to provide professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. to the Canadian Forces Joint Support Group. Calian staff will assist with the design, preparation and implementation of the processes, procedures and instructions related to the implementation and operation of private sector contracts for the augmentation of CF resources on deployed operations. This contract is valued at $3 million over an initial 3-year term with 2 option years. Work commenced on this contract during the first fiscal quarter of 2003. About Calian Calian Technology Ltd. (TSX:CTY) provides systems engineering and staffing and outsourcing services to industry, government and major organizations in Canada, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and around the world. With two decades of success and over $130 million in annual revenues, Calian provides customers with ready access to an exceptional team of over 2,300 engineers, telecommunications and technology professionals, and other highly qualified staff. The Staffing and Outsourcing 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 communications satellite artificial satellite that functions as part of a global radio-communications network. Echo 1, the first communications satellite, launched in 1960, was an instrumented inflatable sphere that passively reflected radio signals back to manufacturers and operators. DISCLAIMER Certain information included in this press release 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 Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. ; 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 The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. . 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. The information on this website is protected by copyright. Copyright (C) 2002 Calian Ltd. All rights reserved. Except as specifically permitted herein, no portion of the information on this website may be reproduced in any form or by any means without the prior written permission from Calian. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion