MDA Announces Launch Of Automated Property Valuation In Germany

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that Wertweiser GmbH, its joint business initiative with HVBExpertise GmbH in Germany, has signed its first contract and is launching its automated valuation service.

This first booking by Wertweiser is a multi-year contract with HypoVereinsbank (HVB), member of the UniCredit-Group, to provide valuations to support its point-of-sale mortgage origination and underwriting of residential properties across Germany. This contract is expected to ramp up over the next few months at which time it will be fully integrated with HVB's workflow. Over the term of the contract, the range of valuation services provided is anticipated to expand to meet the need of HVB to comply with the new Basel II international banking standards.

Wertweiser's information solution is designed to reduce the overall time and cost involved in professional real estate valuation, by automating labor-intensive parts of this process using analytical algorithms and models which draw on extensive property data sources accumulated over time. This service will be marketed to financial institutions, such as banks, building and loan associations, and insurance companies that are active in the German real estate market.

"The Wertweiser valuation service will be the first of its kind in the German market, and it is expected that other German mortgage banks will be very interested in taking advantage of the operational efficiencies and customer service improvements that are made possible with the use of Wertweiser services" said Raymond Trotz, Chief Appraisar of HypoVereinsbank. "This multi-year commitment by the parent of our founding business partner HVBExpertise will put Wertweiser on a sound financial footing and enable the company to explore expansion opportunities in the German and other European markets", said John Geddes, Vice President of Business Development at MDA and a member of the Wertweiser Management Board.

About MDA

MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide.

Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of earth and space based information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.

MDA employs more than 3,000 people in locations across the United States, the United Kingdom, and Canada. The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.

Related Websites:
www.mdacorporation.com
www.hvbexpertise.de
www.wertweiser.com

Forward-Looking Statement

This release contains forward-looking statements and information, which reflect the current view of MacDonald, Dettwiler and Associates Ltd. with respect to future events and financial performance. Any such forward-looking statements are subject to risks and uncertainties and MDA's actual results of operations could differ materially from historical results or current expectations. Additional information on these and other potential factors that could affect MDA's financial results are detailed in documents filed from time to time with the applicable Canadian securities regulatory authorities.

The Toronto Stock Exchange has neither approved nor disapproved the form or content of this release.