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CAE Wins New Simulation Contracts (July 6)

TORONTO---CAE, the world's leading supplier of commercial full flight simulators, today announced C$40 million in contracts with two longstanding customers, Japan Airlines (JAL) and SAS Flight Academy of Stockholm, Sweden. JAL has ordered two full flight simulators and SAS Flight Academy a major simulator upgrade.

The simulators sold to JAL will train pilots on the Boeing 767-300 ER and the Boeing 777-200 ER. Both will be installed in JAL's training facilities in Tokyo, Japan, in the last quarter of 2002 and will be certified to the Japanese Civil Aviation Bureau's highest standard.

JAL is Japan's largest international airline. It operates scheduled and non-scheduled services to 126 cities in 31 countries and offers an extensive range of aircraft maintenance services.

In addition to the simulator sales, CAE will be updating an Airbus A320-200 full flight simulator for SAS Flight Academy. The update program consists of replacing the host computer and instructor station with CAE's state-of-the-art technology, as well as replacing the existing simulation with CAE's Airbus A320 software simulation baseline. CAE will also install its Maxvue Plus visual system instead of the existing Image IV CRT-based visual system. The simulator was originally delivered to SAS in 1991 by AAI Microflite Simulation International.

The fidelity and maintainability of the simulator will be enhanced upon completion of the upgrade program. The simulator, presently certified to the European standard Level C, will be certified following the update to JAR-STD 1A Level D, the highest standard in simulation equipment.

CAE has successfully completed update programs for non CAE-manufactured full flight simulators with SAS in 1998 and with other customers around the world, including Cathay Pacific, Continental Airlines and Federal Express.

CAE is the world's premier provider of simulation and control technologies for training and optimisation solutions in Aerospace, Defence and Forestry. Headquartered in Canada and operating globally, the company employs more than 7,000 people and has revenues in excess of C$1 billion.


CAE Announces C$40 Million In Contracts For Full Flight Simulators and Update Services