For immediate release: October 14, 2004
MDA Secures More RADARSAT-2 Pre-Launch Purchase Commitments
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that the government of Finland is extending its use of RADARSAT-1 information and has signed a pre-launch commitment for RADARSAT-2 information. ImageOne Co. Ltd., Japan's leading provider of satellite imagery and services has signed a prepaid, pre-launch commitment to distribute RADARSAT-2 information to the commercial Japanese market. The total value of these RADARSAT agreements is about $4.3 million CDN.
With this RADARSAT-2 agreement, ImageOne, a RADARSAT-1 distributor since 2000, will continue to provide RADARSAT information to the Japanese business market. The Finnish Institute of Marine Research and a consortium of other government institutions will continue to have access to RADARSAT information. Finland will enhance its ice charting/mapping activities with the new RADARSAT-2 capabilities.
About MacDonald, Dettwiler and Associates Ltd.
MacDonald Dettwiler (TSX: MDA) provides businesses and governments around the world with essential information solutions used for decision making. Operating internationally, MDA has over 2,600 employees.
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MDA External Relations