Windsor, Alberta 12/4/2009 1:30:00 AM
News / Business

Calian Technologies Awarded Contract by Department of National Defense Valued at $60 Million

Calian Technologies Ltd.'s (TSX: CTY) BTS division has been awarded a Standing Offer by the Department of National Defense. Pursuant to the contract the company will provide the Royal Military College (RMC) with the services of researchers to perform research activities.

 

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The initial five year period of the contract will begin on January 1, 2010 and go through December 31, 2014, with the option to extending the Standing Officer by a one year period. If all six years are exercised the contract can have a potential value of $60 million.

 

About Calian

Calian sells technology services to industry and government in Canada and around the world. Calian provides customers with ready access to an exceptional team of engineers, telecommunications and technology professionals, health care professionals and other highly qualified staff. The Business and Technology Services Division augments customer workforces with flexible short and long-term placements, recruitment and outsourcing of engineering, health care professionals and other skilled professionals.

 

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