Demand Continues For Wescam(TM) Model 20 Camera $2.6 Million Contract.FLAMBOROUGH, ONTARIO--(BUSINESS WIRE)--Jan. 13, 1998--Wescam Inc.(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :WSC WSC Winter Symposium on Chemometrics WSC Winter Simulation Conference WSC Wayne State College WSC Westfield State College (Westfield, MA) WSC Western State College (Colorado) .) WESCAM Inc. announced today its latest contract for the WESCAM(TM) Model 20 stabilized sta·bi·lize v. sta·bi·lized, sta·bi·liz·ing, sta·bi·liz·es v.tr. 1. To make stable or steadfast. 2. camera system, valued at C$2.6 million. The contract includes the purchase of two Model 20 units and supporting equipment and services for an international defence department. The sale has been made to the customers' prime contractor. Delivery is scheduled for the fall of 1998. The order also includes an option to purchase an additional system and equipment valued at C$1.3 million, which, if exercised, would be delivered in the first quarter of fiscal 1999. The WESCAM(TM) Model 20 was developed specifically for long range surveillance applications. "Since its introduction in the Spring of 1997, customer response towards this product has been extremely positive," said Mark Chamberlain Mark Valentine Chamberlain (born 19 November 1961 in Stoke-on-Trent, England) is an English former footballer who played for Port Vale, Stoke City, Sheffield Wednesday, Portsmouth, Brighton & Hove Albion and Exeter City. External links
WESCAM is a world leader in the design and manufacture of stabilized, image capture and microwave transmission Microwave transmission refers to the technique of transmitting information over a Microwave link. Since microwaves are highly susceptible to attenuation by the atmosphere (especially during wet weather), the use of microwave transmission is limited to a few contexts. systems, used in numerous applications including public safety and surveillance, airborne law enforcement, electronic news gathering, feature films and commercials as well as the television broadcast of news and major sporting events around the globe. WESCAM is traded on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol "WSC". CONTACT: Wescam Inc. Mark Chamberlain, 905/689-2231 or Wescam Inc. Caroline Glasbey, 905/689-2231 (ext 310) |
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