CAE Wins Contract to Provide B757 Simulation Equipment

MONTREAL, April 23 /PRNewswire-FirstCall/ - (NYSE: CGT) - CAE signed a contract with an undisclosed customer to provide a full suite of Boeing 757 simulation equipment, including two full-flight simulators (FFSs), one Level 6 flight training device (FTD) and a suite of CAE Simfinity(R) training devices.

At list prices, including some buyer-furnished equipment, the contract is valued at more than C$34 million and brings the total full-flight simulator (FFS) sales that CAE has announced in fiscal 2008 to five.

CAE is a world leader in providing simulation and modelling technologies, and integrated training services to the civil aviation industry and defence forces around the globe. We design, manufacture and supply simulation equipment and offer training and services. This includes integrated modelling, simulation and training solutions for commercial airlines, business aircraft operators, aircraft manufacturers and military organizations and a global network of training centres for pilots, and in some instances, cabin crew and maintenance workers.

With annual revenues of over C$1 billion, CAE operates in 19 countries around the world. CAE has sold nearly 700 simulators and training devices to airlines, aircraft manufacturers, training centres and defence forces for air and ground purposes in more than 40 countries. We have over 110 full-flight simulators in more than 20 aviation training centres, serving approximately 3,500 airlines, aircraft operators and manufacturers across the globe. CAE licenses its simulation software to various market segments and has a professional services division assisting customers with a wide range of simulation-based needs.


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