SIM.L Regulatory News (SIM)

5 Sep 2007 07:02

SimiGon Limited05 September 2007 SimiGon wins Contract from Portuguese Air Force for F16 Air Combat Training September 5th, 2007 - SimiGon Limited (LSE: SIM) announces that the Portuguese Air Force has selected the Company's AirBook software for its desktop trainingprogramme. The Portuguese Air Force (PoAF) has awarded a contract to EMPORDEF Technologiesde Informacao SA - the leading domestic Military Training and Simulationcompany and the PoAF's largest major simulation services provider by far - forthe delivery of PC-based training systems, incorporating advanced F-16 contentand targeting pod training functionality. Recognising the potential of AirBook, EMPORDEF has chosen SimiGon and its USpartner VTSG, to be partners in the programme. The contract will initially generate approximately $350,000 of revenue in 2007with expected follow-on orders from (European Participating Air Forces) EPAFworth more than $800,000 by the end of 2008. The order further enhancesvisibility of SimiGon's total order backlog for 2007 and 2008 and it increasesthe probability that the other European Air Forces will follow the Portuguese,Belgium and the Dutch air forces and adopt the Company's platform. With the Air Forces of the US, Israel, Singapore, Belgium, Netherlands, Thailandalready signed up to use SimiGon's products, the Company is now the trainingpartner of choice for the overwhelming majority of the world's F16 programmesand the Air Forces that fly F16s. AirBook is SimiGon's aviation training software product based on the Company'score product, SIMbox, a highly flexible, PC-based commercial off-the-shelfproduct. POAF aircrew will benefit from a multitude of AirBook features whiletraining with the most up-to-date weapons and sensor software simulation.AirBook training benefits include hi-fidelity, 3D simulation; personalizedtraining on demand; After Action Review ("AAR"); and interactive computer-basedtraining courseware. Furthermore, air force instructors and commanders willutilise an advanced Learning Management System ("LMS") to monitor and trackindividual and group progress, enabling them to provide better training content. SimiGon President and CEO, Ami Vizer said, "We are excited to work with EMPORDEFTecnologias de Informac(C)?o and the Portuguese Air Force and building a longterm relationship with them. This win comes soon after our win with the BelgiumAir Force and demonstrates the growing realisation within professionalcommunities of the increased training effectiveness and efficiency thatSimiGon's software provides." Empordef SA Executive Director Carlos Felix said, "We are looking forward toworking with the AirBook application to solve both short and long term trainingissues that will keep the Portuguese Air Force aircrew current in the nextgeneration of F16 weapons and sensors." Notes to Editor SimiGon is a fast-growing company with vast experience in providing Modelling,Simulation & Training solutions to customers worldwide. The Company's partnersinclude government and industry leading training and simulation organisations aswell as small businesses providing end users with added value content packagesbased on SIMbox technologies. The F16 is the world's most common fighter jettoday, and as such represents one of the most important training markets.Companies engaged in delivering training programmes for the aircraft can bedeemed to lead the fighter training community. Enquiries: SimiGon Limited Ami Vizer, CEO +44 (0)20 7977 0020 Corfin Communications Harry Chathli +44 (0)20 7977 0020 Ben Hunt This information is provided by RNS The company news service from the London Stock Exchange