CAE and Eurofighter Simulation Systems renew...

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7/13/2015 09:00:00 AM

CAE and Eurofighter Simulation Systems renew collaboration agreement on Eurofighter visual systems

Montreal, Canada, July 13, 2015 - (NYSE: CAE; TSX: CAE) - CAE and Eurofighter Simulation Systems (ESS) today announced they have renewed their collaboration agreement related to the provision of visual systems on the Eurofighter Typhoon Aircrew Synthetic Training Aids (ASTA) programme.

Under the Eurofighter ASTA programme, ESS serves as the prime contractor and design authority for the comprehensive suite of Eurofighter training systems operated by the four Eurofighter partner nations (United Kingdom, Germany, Spain, and Italy) as well as Austria. CAE has provided the visual systems required as part of the Eurofighter ASTA programme, and under terms of the renewed collaboration agreement will continue to work exclusively through ESS on the provision of visual systems on Eurofighter ASTA devices.

"We are pleased to extend our relationship with Eurofighter Simulation Systems and look forward to offering our next-generation visual solutions to the existing Eurofighter partner nations as well as potential export customers," said Ian Bell, CAE's Vice President and General Manager, Europe/Middle East/Africa. "ESS delivers value to all Eurofighter customers by helping ensure the highest quality training systems are delivered in support of one of the world's most advanced and capable combat aircraft."

The comprehensive visual solution offered by CAE for the Eurofighter ASTA programme includes the next-generation CAE Medallion-6000 image generator as well as display systems and database development tools.

"It has been nearly 15 years since CAE was originally selected as the preferred supplier of Eurofighter ASTA visual systems, and CAE's high-fidelity visual solutions have been a critical part of the Eurofighter programme," said Francisco Munoz, Managing Director, Eurofighter Simulation Systems GmbH. "In the coming years there are opportunities to upgrade the visual systems on existing Eurofighter training devices operated by the partner nations, as well as potentially provide additional systems as part of any Eurofighter export sale. We look forward to continued collaboration with CAE as we deliver and support the world-class Eurofighter training systems."

Eurofighter Simulation Systems (ESS) in partnership with the prime contractor Eurofighter GmbH plays a major role in the Eurofighter Aircrew Synthetic Training Aids (ASTA) project and is responsible for the design, development, production and support for all of the non-weapons systems work content. ESS is based in the Munich area of Germany and is a joint venture between the main national simulation industries in Europe. The ESS joint venture industry partners include Rheinmetall Defence Electronics and CAE GmbH in Germany; SELEX ES in Italy; INDRA Sistemas in Spain; and Thales Training & Simulation in the United Kingdom.

About CAE

CAE is a global leader in delivery of training for the civil aviation, defence and security, and healthcare markets. We design and integrate the industry's most comprehensive training solutions, anchored by the knowledge and expertise of our 8,000 employees, our world-leading simulation technologies and a track record of service and technology innovation spanning seven decades. Our global presence is the broadest in the industry, with 160 sites and training locations in 35 countries, including our joint venture operations, and the world's largest installed base of flight simulators. Each year, we train more than 120,000 civil and defence crewmembers, as well as thousands of healthcare professionals. www.cae.com

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CAE contacts:
Hélène V. Gagnon, Vice President, Public Affairs and Global Communications,
+1-514-340-5536, helene.v.gagnon@cae.com

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+1-813-887-1242, chris.stellwag@cae.com

Investor relations:
Andrew Arnovitz, Vice President, Strategy and Investor Relations,
+1-514-734-5760, andrew.arnovitz@cae.com

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