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Media Advisory - MDA's Fourth Quarter and Year End 2012 results conference call alert
RICHMOND, B.C., Feb. 14, 2013, 2013 (Canada NewsWire via COMTEX) --
MacDonald, Dettwiler and
Associates Ltd. ("MDA" or the "Company") (TSX: MDA), a provider of essential information solutions, plans to release its
Fourth Quarter and Year End 2012 financial results at 5:30p.m. EST
(2:30 p.m. PST) on Wednesday, February 27, 2013.
MDA will host an earnings conference call on February 28, 2013 at 10:00 a.m. EST (7:00 a.m. PST), that will feature remarks by Daniel Friedmann, president and CEO and
Anil Wirasekara, executive vice-president and CFO, followed by a Q&A
session.
To participate, please call the conference line approximately five
minutes prior to the commencement of the call:
Conference Call Dial-In Numbers:
Toll-Free: 1-888-231-8191
Toronto: 1-647-427-7450
Instant Replay
Toll-Free: 1-855-859-2056
Toronto: 1-416-849-0833
Pass Code: 72785756
Replay available:
February 28, 2013 10:00 a.m. PST, 1:00 p.m. EST to
March 14, 2013 8:59 p.m. PST, 11:59 p.m. EST
The conference call will also be Webcast live and then archived at:
http://www.mdacorporation.com/corporate/investor/events.cfm
About MDA
MDA is a global communications and information company providing
operational solutions to commercial and government organizations
worldwide.
MDA's business is focused on markets and customers with strong repeat
business potential. In addition, the Company conducts a significant
amount of advanced technology development.
MDA's well-established global customer base is served by more than 5,000
employees operating from 17 offices located in the United States,
Canada, and internationally.
The Company's common shares trade under the symbol TSX:MDA.
Related Websites:
www.mdacorporation.com
Forward-Looking Statement
This earnings release and the associated conference call and webcast,
which includes a business update, full year and fourth quarter and
year-end 2012 results and question and answer session, contain certain
forward-looking statements and information, which reflect the current
view of MacDonald, Dettwiler and Associates Ltd. (the "Company" or
"MDA") with respect to future events and financial performance.
Forward-looking statements generally can be identified by the use of
forward-looking terminology such as "may", "will", "would", "could",
"should", "expect", "intend", "estimate", "anticipate", "plan",
"foresee", "believe" or "continue" or the negatives of such terms or
variations of them or similar terminology. Any such forward-looking
statements are based on MDA's current expectations, estimates,
projections and assumptions made in light of its experience and
perception of historical trends. Forward-looking statements are subject
to risks and uncertainties, many of which are beyond MDA's control and
the effects of which can be difficult to predict. MDA's actual results
of operations could differ materially from historical results or
current expectations.
Any such forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially from
current expectations. MDA cautions readers that should certain risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary significantly from those expected.
The risks that could cause actual results to differ from current
expectations include, but are not limited to: changes in government
policies, priorities, funding levels, contracts or regulations; failure
of third party subcontractors to complete contracts for which the
Company is the prime contractor; risks of performance on firm fixed
price construction contracts; changes in estimates of total revenues
and costs on contracts; potential for product liability or the
occurrence of defects in products or systems and resulting loss of
revenue and harm to the Company's reputation; quality issues and
failure of systems to meet performance requirements; failure of the
Company to manage its acquisitions and breaches of contracts and
indemnities and related risks on divestitures; partial or complete
satellite failure; dependence on electronic systems and data and system
security threats; detrimental reliance on third parties for data;
dependence on key employees, potential for work stoppages and lack of
oversight over a U.S. proxy board and management; failure to anticipate
changes in technology, technical standards and offerings or comply with
the requisite standards; failure to maintain technological advances and
market positions; significant competition; potential infringement of
the intellectual property rights of others through licensed software or
otherwise; inadequate protection of the Company's intellectual property
rights; exposure to foreign currency fluctuations; changes in law and
economic and political conditions; inability of suppliers or
subcontractors to effect technology transfer; changes in customer
security requirements and the resulting cancellation of contracts;
failure to maintain business alliances; uncertainty in financing
arrangements; failure of counterparties in financing arrangements and
financial derivative contracts and potential breach of financial
covenants in credit agreements and note purchase agreements; wrongful
call on letters of credit and performance bonds; insufficient insurance
against material claims or losses; and exposure to fines and/or legal
sanctions under anti-corruption laws.
The risks specific to the operation of MDA's wholly-owned subsidiary
Space Systems/Loral, LLC ("SSL") that could cause actual results to
differ from current expectations include, but are not limited to:
significant competition in the satellite manufacturing market;
unanticipated changes in SSL's end-user markets; inclusion of satellite
performance incentives in many of SSL's customer contracts; failure to
maintain technological advances that meet its customers' changing
requirements; potential that SSL's satellites will not be successfully
developed or manufactured; potential for component failure or
performance issues on SSL's on-orbit satellites and resulting loss of
revenue and harm to SSL's reputation; SSL's future operating results
are dependent on the growth in the businesses of its customers and on
its ability to sell to new customers; SSL's contracts are subject to
adjustments, cost overruns and termination; certain of SSL's customers
are highly leveraged and may not fulfill their contractual payment
obligations with SSL; many of SSL's costs are fixed and SSL may not be
able to cut costs sufficiently to maintain profitability in the event
of a downturn in its business; the availability of facility space and
qualified personnel may affect SSL's ability to perform its contracts
as efficiently as planned; SSL's ability to obtain certain satellite
construction contracts depends, in part, on its ability to provide the
customer with financing; reliance on key suppliers to provide certain
component parts; changes in regulations, telecommunication standards
and laws due to political and economic instability in the countries in
which SSL conducts business; reliance on patents and potential
infringement of third party patents by SSL; and changes in U.S. and
foreign laws and regulations, including U.S. export control and
economic sanction laws, governing SSL's business.
You are referred to the risk factors described in MDA's most recent
annual Management's Discussion and Analysis, Annual Information Form
and other documents on file with the Canadian securities regulatory
authorities, available under the Company's profile on SEDAR, www.sedar.com or on the Company's website at www.mdacorporation.com. The forward-looking statements and information contained in this
earnings release and the associated conference call and webcast
represent MDA's views only as of today's date. MDA disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, other than as required by law, rule or regulation. You
should not place undue reliance on forward-looking statements.
The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.
SOURCE: MacDonald, Dettwiler and Associates Ltd.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/February2013/14/c5393.html
SOURCE: MacDonald, Dettwiler and Associates Ltd.
Wendy Keyzer MDA External Relations (604) 231-2743 wendy@mdacorporation.com
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UPDATED 9:08 AM EST - May 25, 2013
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