World News: 22:01 GMT Tuesday 28th May 2019. [Calian Group Ltd. via Globe Newswire via SPi World News]
OTTAWA, May 28, 2019 (GLOBE NEWSWIRE) -- Calian Group Ltd. (TSX: CGY) has again been awarded an eLearning contract with the Department of National Defence (DND) to provide courseware production support services for the Canadian Army.
Calian will develop and support courseware projects for the Army Learning Support Centre (ALSC) located in Gagetown, N.B. The contract value is approximately $17 million over a term of approximately three years.
Calian and its training partners have been providing eLearning services to ALSC since 2007. This contract enhances ALSC's eLearning production capability with the provision of a full scope of eLearning services including eLearning production, distribution and related support services. Calian has partnered with Bluedrop Performance Learning Inc. and Valcom Consulting Group Inc. to deliver the services.
"This contract re-win is a testament to our continued commitment to service delivery excellence and the eLearning projects we build in support of the Canadian Armed Forces’ advanced training requirements," said Donald Whitty, VP, Calian Training. “Through DND training contracts like this one and our work with the Canadian Army Simulation Centre, we continue innovating with our customer with advanced training technologies to help facilitate student learning.”
"The first pillar of Calian's growth strategy is customer retention. Building on our signature contract re-win last year to deliver training with the Canadian Army Simulation Centre – with an estimated value of $170 million over the full nine-year period – I am very pleased to see us continue our strong and trusted training relationship with our largest customer, DND,” stated Kevin Ford, CEO. “Calian is honored to continue to support mission readiness for CAF members.”
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Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as “intend”, “anticipate”, “believe”, “estimate”, “expect” or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company’s most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.
Calian · Head Office · 770 Palladium Drive · Ottawa · Ontario · Canada · K2V 1C8 Tel: 613.599.8600 Fax: 613-592-3664 General Info email:
Globe Newswire: 22:01 GMT Tuesday 28th May 2019
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