CAE wins contracts for three CAE 7000 Series full-flight simulators and training devices valued at C$48 million

MONTREAL, June 12 /PRNewswire-FirstCall/ - (NYSE:CGT) (TSX:CAE) - CAE has signed contracts to design and manufacture three CAE 7000 Series full-flight simulators (FFSs) and training devices valued at C$48 million. This brings the total FFS sales that CAE has announced during the first quarter of fiscal 2008 to 13.

CAE has won a contract to build a CAE 7000 Series Boeing 747-8 Freighter FFS and a suite of CAE Simfinity(R) B747 ground school training devices for Cargolux International Airlines, launch customer for the new B747-8F aircraft.

Emirates, the Dubai-based international airline, has ordered a CAE 7000 Series Boeing 777-300ER FFS.

Hainan Airlines, China's fourth largest carrier, will receive a CAE 7000 Series EMB145 FFS along with a suite of CAE Simfinity(R) training devices.

"The CAE 7000 Series full-flight simulator includes our latest simulation technologies and continues to be the industry standard for a Level D simulator," said Marc Parent, CAE's Group President, Simulation Products and Military Training & Services. "CAE has a well-earned reputation for industry-leading simulation fidelity and quality which has played a key role in CAE designing more prototype simulators, such as the B747-8F, than anyone else in the industry. This has also contributed to our success in markets such as the Middle East and China."

Cargolux, Europe's largest all-cargo airline, will receive the industry's first FFS designed specifically for the new B747-8F aircraft. The CAE 7000 Series FFS will feature CAE's next-generation visual solution, including the new CAE Tropos(R)-6000 visual system and Liquid Crystal on Silicon (LCoS) projectors. CAE will also provide a suite of CAE Simfinity(R) training devices, including a B747 IPT and virtual simulators (VSIMs). In addition, CAE will upgrade Cargolux's current CAE-built B747-400F FFS with a CAE Tropos-6000 visual system. This simulator went into service in February 2000 and, at the time, was the industry's first simulator for the B747-400 freighter. Cargolux is a launch customer for the new B747-8F aircraft and will begin receiving the B747-8F in late 2009.

The B777-300ER FFS marks the fourth B777 simulator ordered for the Emirates Crew Training Centre in Dubai. The CAE-built 7000 Series B777-300ER FFS will be delivered in the spring of 2008. Emirates will have a total of nine CAE-built FFSs installed by the spring of 2008 to support flight training for its Boeing and Airbus fleets.

HH Sheikh Ahmed bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline & Group, said: "I am pleased to announce the purchase of the 777 simulator which will enable us to offer our flight crews the most advanced simulator training equipment as we continue to expand our fleet of 777 aircraft."

The Emirates Group comprises Emirates Airline, Dnata, the largest travel services provider in the Middle East, and a number of other commercial companies. Emirates is the world's third most profitable airline and among the 20 largest. It is based in Dubai, one of the few cities in the world that pursues an open-skies policy, with more than one hundred airlines in free and fair competition.

CAE will provide Hainan Airlines an Embraer 145 FFS that features the CAE Tropos(R) visual system and CAE True(TM) electric motion system. The Embraer 145 FFS simulator will be delivered in 2008 to the Hainan Airlines training centre in Sanya, the southernmost city in the Hainan province. CAE will also provide a CAE Simfinity(R) Integrated Procedures Trainer (IPT) and CAE Simfinity(R) Virtual Simulators (VSIMs).

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.

Source: CAE INC.

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