SIM.L Regulatory News (SIM)

18 Dec 2006 07:05

SimiGon Limited (LSE: SIM) announces that the Belgian Air Force("BAF") has selected SimiGon's AirBook software for its desktoptraining programme. SimiGon, in conjunction with Visual TrainingSolutions Group, Inc. ("VTSG"), will deliver the PC-based trainingsystems, incorporating F-16 Mid-Life Update 4.2 content and targetingpod training functionality, in 2007. £ The contract will initially generate approximately. $350,000 ofrevenue in 2007 with expected follow-on orders worth more than$600,000 by the end of 2008. The order further enhances visibility ofSimiGon's total order backlog for 2007 and 2008 as it increases theprobability that the other European Air Forces will follow the Belgianand the Dutch air forces. £ AirBook is SimiGon's aviation training software product based onthe Company's core product, SIMbox, a highly flexible, PC-basedconsumer off-the-shelf product providing government and industrypartners with enabling technologies for developing flexible trainingsolutions. BAF aircrew will benefit from a multitude of AirBookfeatures while training with the most up-to-date weapons and sensorsoftware simulation. AirBook training benefits include hi-fidelity, 3Dsimulation; personalized training on demand; After Action Review("AAR"); and interactive computer-based training courseware.Furthermore, air force instructors and commanders will utilise anadvanced Learning Management System ("LMS") to monitor and trackindividual and group progress, enabling them to provide bettertraining content. £ SimiGon President and CEO, Ami Vizer said, "We are excited to workwith the Belgian Air Force and look forward to building a long termrelationship with them. This win demonstrates the growing realisationwithin professional communities of the increased trainingeffectiveness that SimiGon's software provides as well as how it canbe leveraged to save both time and money." £ John Clagett, President of VTSG, said, "The benefits of theAirBook software architecture are excellent. Teaming with SimiGondemonstrates the value-add of this technology for the European AirForces ("EPAF") F-16. We look forward to delivering a superiortraining device and continuing to scale our architecture with theBelgians and the rest of the EPAF market." £ BAF is the second European air force to adopt the SIMbox platformfor F16 training. The system is already deployed in the US, Canada,Netherlands, Australia, Israel, Turkey and several other countries. £ SimiGon is a fast-growing company with vast experience inproviding Modeling, Simulation & Training solutions to customersworldwide. The Company's partners include government and industryleading training and simulation organisations as well as smallbusinesses providing end users with added value content packages basedon SIMbox technologies. Copyright Business Wire 2006