05:04:43 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Calian Technologies Ltd
Symbol CTY
Shares Issued 7,345,183
Close 2014-07-22 C$ 20.03
Market Cap C$ 147,124,015
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Calian's DND health services contract extended to 2016

2014-07-23 16:08 ET - News Release

Mr. Ray Basler reports

CALIAN'S DND HEALTH SERVICES CONTRACT EXTENDED

Calian Technologies Ltd.'s current DND health services support contract has been extended for an 18-month period with a new completion date of Sept. 30, 2016, with a further six-month option period that could extend the contract to March 31, 2017. These extended health services will be financed by a combination of unused existing contract funds and by further increasing the contract ceiling value by $117-million.

"We are excited about the opportunity to continue our work with DND as their health care program delivery partner," stated Kevin Ford, president of Calian's BTS division. "We take this extension as a full vote of confidence in our HSSC team, which has consistently earned a delivery performance satisfaction rating of superior. We are fully committed to assisting DND in the provision of quality health care for the Canadian military."

We seek Safe Harbor.

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